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0 Fm 198 FM 198, Mabank, TX 75147

For Sale

$510,120

28.34 acres

Estimated Payment

$ 2,620 /mo. †

6.65% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 28.3 acres
    Lot size

Explore this Property

Open plot of land that is underdeveloped. does have access to FM 316. Land is located in front of Major Midstream Gas Plant. Plant is currently closed. City water supply is across the road. Location is great for RV park development, as it is only 3 miles from Cedar Creek Lake. Great for storage unit development, small manufacturing, 3tc....
MLS# 20704273

Courtesy Of Rogers Healy and Associates, Listed By Michael Gibson

(214) 368-4663

Property Features

  • Architecture Style
    Other
  • Lot Size
    28.34 Acres

Map and Directions

Directions to 0 Fm 198 FM 198, Mabank, TX 75147

Home seller CENTURY 21 Judge Fite Company

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Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $2,620
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $2,620

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Canton Elementary School

Grades PK-2 Public School

Canton, TX 75103 10.6 miles
1163 s buffalo st

508 total students
16:1 Student teacher ratio

School Details

Canton Intermediate School

Grades 3-5 Public School

Canton, TX 75103 9.8 miles
1190 w highway 243

484 total students
14:1 Student teacher ratio

School Rating: B+

School Details

Canton Jr High School

Grades 6-8 Public School

Canton, TX 75103 10.8 miles
1115 s buffalo st

515 total students
14:1 Student teacher ratio

School Rating: A-

School Details

Canton High School

Grades 9-12 Public School

Canton, TX 75103 9.9 miles
1110 w highway 243

627 total students
12:1 Student teacher ratio

School Rating: A-

School Details

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Mabank, TX 75147

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Mabank, TX 75147

This community’s employment is highest in the food and sales industries. The area’s overall household expenses are below the national average.

96° August
Hottest Average Month
34° January
Coldest Average Month
3,224 Total Households in Area
12.3% Increase in population since the year 2010
30.1%
of households
have children
37 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Mabank, TX 75147

Mabank, TX 75147 has a population of 8,267 people in 3,224 households with a median age of 44.2 years old.

12.3%
Increase in population
since the year 2010
Population is Trending up
2,740
Total households as of 2010
12.7%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 44.2 years old. The smallest percentage group is 65-74 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 82%
Hispanic 12%
Other 5%
Black 2%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 82%, followed by Hispanic at 12%, Other at 5%, and Black at 2%.

Economics
for Mabank, TX 75147

90 /sq mi
Population Density
$56,649 /yr
Median Household Income
$319,113
Median Sales Price
37 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $35-49,999k representing 19.16% of the households.

Transportation to Work

  • Drive 93%
  • Work from Home 5%
  • Walk or Bike 1%
  • Public Transit 0%

Occupancy by Type

Owned 2,269 65%
Rented 954 27%
Vacant 290 8%

White vs Blue Collar Jobs







White Collar 64%
Blue Collar 36%

Family & Education Facts
for Mabank, TX 75147

44.2 Median Age

Average Household Size

2.6
persons per
household

58%

Married Households

Community Population By Education

Some College 30%
High School Graduate 30%
Some High School 15%
Bachelors Degree 12%
Associates Degree 7%
Graduate Degree 6%
Of the total people surveyed, the most prevalent educational attainment level is Some College, representing 29.61% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
30.1% of households have children

Weather
for Mabank, TX 75147

The weather for this area ranges from a high of 96° F in August to a low of 34° F in January

96° August
Hottest Average Month
34° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
34°
56°
Feb
37°
60°
Mar
45°
68°
Apr
53°
76°
May
61°
83°
Jun
69°
90°
Jul
72°
95°
Aug
71°
96°
Sep
65°
89°
Oct
54°
79°
Nov
44°
67°
Dec
36°
58°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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 being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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