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198 Railroad Drive

Mabank, TX 75156

Listing courtesy of Diana Robertson, TX Lake & Land Real Estate

$320,000
Active
Beds
3
Baths
2
Sqft
1,494
Year Built
2020

About this home

MAJOR REDUCTION - REDUCED $29,000.00!! Calling all investors, endless possibilities. This property offers an excellent opportunity for a site-built or manufactured home development. With separate surveys already in place, a private setting, and a solar-powered gated entrance, the land has the potential to accommodate multiple homes on smaller lots or larger quarter acre homesites. Ideally located with convenient access to Hwy 175 in Mabank, Hwy 334 to Gun Barrel City, and Eustace, this property is in Eustace ISD and sits in a highly desirable area. This is a versatile property with strong potential for investors, developers, or buyers looking for multi-home use in a growing area.  The entire property is fully fenced, with additional divided fencing on approximately 3.43 acres each and a fenced front yard of each home for added privacy and function.  The back property offers a 3 bedrooms, 2 bath manufactured home with open concept kitchen, dining and living room. This property also has a huge 40 x 30 garage and workshop with 3 bay doors and concrete flooring. Also has 3 solar lighted horse stalls, large heavy metal round pen for working and training horses plus an above ground pool for the kids. Tractor and all attachments available on separate addendum.

Schools

Elementary
Eustace
Middle
Eustace
High
Eustace

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #
21257772
Property Type
Residential
Status
Active
County
Henderson
Subdivision
no
Lot Size
3.43 acres
Garage
3-car
HOA Dues
None
Days on Market
65 days
Listed
May 1, 2026
Price per Sqft
$214

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$2,277/mo
Principal & interest
$1,703
Property taxes (est.)
$480
Homeowner's insurance (est.)
$93

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

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IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed May 1, 2026