$149,900
↓ $10K (6.3%)
●
House -
For Sale
912 E Letava Drive
Mabank, TX 75147
2 Beds
1 Bath
1,404 Ft²
$737
Est. Monthly
About This Property
Charming Historic Home on an oversized corner lot! Welcome to 912 E
Letava Drive, an unique single family home rich with history
and sitting on nearly half an acre {0.48 acres}. Built in 1922 this
2 bedroom 1 bathroom residence features 1,404 square feet of
comfortable interior space highlighted by original hardwood
flooring. The home features an attached 1 car garage and forced-air
heating for convenience. Outside, you will find a massive, fully
fenced yard that provides plenty of space for outdoor activities,
gardening,or pets. Positioned directly on the corner of Letava
Drive and Highway 175, the property offers unbeatable visibility
and easy Highway access, making commutes a breeze while keeping you
close to downtown Mabanks Schools Dining and shopping.
Unit Size
1,404 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$107
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1922
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 months ago (NTREIS #21329471)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 17, 2026 | Price Decreased |
$149,900
↓ $10K
(6.3%) | |
| Price Decreased | |||
| Jul 13, 2026 | Listed by Real Broker, LLC | $160,000 | |
| Listed by Real Broker, LLC | |||
| Apr 14, 2026 | No longer available | - | |
| No longer available | |||
| Dec 4, 2025 | Price Decreased |
$165,000
↓ $5K
(2.9%) | |
| Price Decreased | |||
| Oct 26, 2025 | Listed by Browne-Hollar Realty | $170,000 | |
| Listed by Browne-Hollar Realty | |||
| | |||
|
LOTS OF HISTORY COMES ALONG WITH THIS OLDER TWO BEDROOM HOME ON LARGE FENCED YARD, HOME SITS RIGHT ON THE CORNER OF 175 AND LETAVA FOR EASY ACCESS FOR DALLAS COMMUTERS, SELLER SAYS THIS PROPERTY CAN BE COMMERCIAL OR LEAVE AS IS AND ENJOY THE LARGE FENCED BACK YARD, ATTACHED CARPORT, BONUS ROOM OFF THE KITCHEN AREA WHERE YOU WILL FIND THE LAUNDRY SITUATED. HOME OWNERS CAN USE THIS BONUS FOR GAME, OFFICE, PLAY OR CRAFT ROOM OR MAN CAVE. GREAT INVESTMENT PROPERTY
| |||
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Property Highlights
Garage
Air Conditioning
Parking Details
Has Carport
Parking Features: Carport
Interior Details
Full Bathrooms: 1
Interior Features: High Speed Internet, Cable TV Available
Appliances: Electric Range, Electric Water Heater
Flooring Type: Wood
Laundry Features: Washer Hookup, Utility Room, Dryer Hookup
Exterior Details
Has Property Attached
Square Footage: 1404
Security Features: Unknown
Architectural Style: Traditional
Year Built: 1922
Levels: One
Other Structures: Guest House, Outbuilding, Shed(s), Workshop
Window Features: Window Coverings
Construction Materials: Siding
Patio and Porch Features: None
Lot Features: Acreage
Lot Size Area: 0.48
Lot Size Units: Acres
Lot Size Acres: 0.48
Lot Size Square Feet: 20908.8
Tax Lot: 10
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Mabank
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Listed by: Damon Solomon, Real Broker, LLC
Last Updated: 2 months ago
Data Source: NTREIS MLS, MLS# 21329471
Details provided by NTREIS and may not match the public record
Last Updated: 2 months ago
Data Source: NTREIS MLS, MLS# 21329471
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
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