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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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1920 S 3rd St , Mabank, TX 75147
$1,399,999
Est. Payment: $7,207.80/mo
0 Bed
0 Bath
5000 Sqft
Status: active | Days on site: 62
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Cedar Creek Lake Area Office, Warehouse & Storage Investment Opportunity! Excellent commercial opportunity in a high-traffic location on Hwy 198 in Mabank, just minutes from the heart of the Cedar Creek Lake area. Ideally positioned approximately one hour from downtown Dallas and one hour from Tyler, this property offers strong regional accessibility, excellent visibility, and multiple income streams. Situated on 2.93 acres, the property includes approximately 5,000 total square feet of building space, featuring 2,500 square feet of finished office space with 14 private offices, a conference room, kitchen break area, two bathrooms, copier workroom, and interior exterior security video cameras. The office portion alone currently generates close to $80,000 in annual rental income, creating strong immediate investment appeal. The additional 2,500 square feet of warehouse space includes two high bay overhead doors and extra storage above the office area. The property also offers approximately 3,750 square feet of covered parking and 16 total office parking spaces, including 12 covered and 4 uncovered spaces. The back portion of the property is currently used for uncovered RV, boat, and trailer storage, secured by perimeter high fencing. The buyer would inherit the existing storage business, adding another layer of income potential. Additional revenue is generated from four billboards along the front of the property, maximizing the value of this highly visible Hwy 198 frontage. A front sign location with electrical is also in place, providing added branding potential for future business use. With strong traffic exposure, close proximity to Cedar Creek Lake, current office rental income, an existing storage business, billboard revenue, flexible office warehouse space, and on-site signage potential, this property offers outstanding potential for an owner-user, investor, or business looking to expand in the East Texas market.

Highlights

Listed by Courtney Dickens Johnson , and Geneva Morales , TX Lake & Land Real Estate , North Texas Real Estate Information Systems

Property Type

Commercial Sale

Lot/Acreage
2.93

Year Built

1999

County

Henderson

Listing ID

21309451

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air,Electric
Fireplaces:
Floor:Concrete,Luxury Vinyl Plank

Exterior Features

Lot:Acreage,Adjacent to Greenbelt,Landscaped,Sprinkler System,1 to < 3 Acres
Zoning:C1
Roof:Metal
Others:
  • Additional:Preowned
Parking Features:Additional Parking,Attached Carport,Concrete,Garage,Garage Faces Side,Inside Entrance,Kitchen Level,Parking Lot,See Remarks
Principal Interest
$7,208
Taxes
$1,316

Home Price

$1,399,999

Loan Details

30 yrs
6.674%

Down Payment

20%
$280,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,207.80

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,207.80 $1,316.00 $0.00 $8,523.80
Yearly $86,493.63 $15,792.00 $0.00 $102,285.63
Total $2,594,809.02 $473,760.00 $0.00 $3,068,569.02

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Mabank, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T23:23:04.180Z

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