146 Lawndale Lane
About This Property
Spring Creek Estates offers convenient access to Mabank's local amenities and the recreational opportunities of the Cedar Creek Lake area. Explore shops and restaurants along downtown Mabank's Market Street, enjoy George Watts Memorial Park, or discover fishing and boating opportunities at Cedar Creek Lake. US Highway 175 and State Highway 198 provide connections to surrounding East Texas communities and regional destinations.
With its functional layout, generous outdoor space, and access to local conveniences, this home offers a comfortable setting for everyday living. Schedule a private showing to explore all it has to offer.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 9, 2026 | Price Decreased |
$200,000
↓ $25K
(11.1%) | |
| Price Decreased | |||
| Oct 31, 2026 | Price Decreased |
$225,000
↓ $25K
(10%) | |
| Price Decreased | |||
| Oct 26, 2026 | Listed by Keller Williams Realty DPR | $250,000 | |
| Listed by Keller Williams Realty DPR | |||
| Aug 6, 2023 | No longer available | - | |
| No longer available | |||
| Jul 20, 2023 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017