This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$9,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Build Your Perfect Home or Mobile Retreat in Charming Mabank, TX Here's a rare opportunity to create the home you've always imagined in the heart of Mabank's peaceful and welcoming community. This budget friendly lot on Red Water Road offers a fresh canvas for buyers ready to build a custom house or place a mobile home in a serene, small-town setting just minutes from Cedar Creek Reservoir-a beloved destination for boating, fishing, and lakeside relaxation. Nestled within the Cherokee Shores subdivision, this parcel captures the essence of lake and country living while still being close to dining, shops, schools, and local amenities. The property's location in the Eustace Independent School District gives future homeowners access to respected schools and a strong sense of community. Imagine sipping your morning coffee on your porch, surrounded by mature trees and Texas skies, or designing a thoughtful landscape that complements your home or mobile living space. With utilities available and a manageable HOA, this lot invites both full-time living and weekend getaway possibilities. This is a special chance to secure a homesite where you can build from the ground up and enjoy the best of East Texas living. Whether you're building your first home, relocating, or seeking a peaceful retreat, this property offers options and potential.
Full Property Details
Full Property Details for 154 Red Water
General
- Price: $9,000
- HOA FEE: $13/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21115576
- Updated: 12/12/2025
- Added to Site: 61 day(s) ago
Location
- County: Henderson
- Subdivision: Cherokee Shores
- Driving Directions: From Hwy 175 East to Mabank, Take FM 90 toward US-198 S, continue on FM 90 after crossing Hwy 198, Turn Right onto N Cherokee Shores Dr, Turn Left onto Quanah Rd, Turn Right onto Red Water Rd, Go for 0.2 mi, End at 154 Red Water Rd
School Information
- Elem School District: Eustace ISD
- Midd School District: Eustace ISD
- High School District: Eustace ISD
- Elementary School: Eustace
- High School: Eustace
Community
- Association: Yes
- Assoc. Name: Cherokee Shores
- Assoc. Fees Include: All Facilities
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Vacant
Lot Features
- Lot Size (Acres): 0.075
- Lot Size (Sq. Ft.): 3,267
- Lot Features: Interior Lot, Subdivision
- Development Status: Zoned
- Zoning: Residential
Water Features
- Water Front Name: Cedar Creek
Financial Considerations
- Association Fee: $150
- Assoc Fee Freq.: Annually
- Terms: Cash, 1031 Exchange
Disclosures and Reports
- Property ID: 244509
Listed by Exit Realty Pro, Kimberlee Martin
Get Pre-Approved Today
Schools
Schools serving 154 Red Water
School District:Eustace Independent School District
| Name | Grades | Distance |
|---|---|---|
Eustace Intermediate School 205 Henderson Street, Eustace, TX 75124 | 3-5 | 5.3 mi |
Eustace Primary School 211 Henderson Street, Eustace, TX 75124 | PK-2 | 5.4 mi |
Eustace Middle School 318 Farm to Market 316 South, Eustace, TX 75124 | 6-8 | 5.6 mi |
Eustace High School 350 Farm to Market Road 316, Eustace, TX 75124 | 9-12 | 6.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 154 Red Water
Date
Details
Price
Change
Source
11/19/2025
Price Reduced
$9,000
-90%
MLS
11/18/2025
Listed
$90,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 154 Red Water
Year
Property Taxes
Change
Tax Assessment
Change
2024
$50
-4%
$4,200
20%
2023
$52
-65%
$3,500
—
2022
$149
414%
$3,500
126%
2021
$29
-6%
$1,550
—
2020
$31
-3%
$1,550
—
2019
$32
10%
$1,550
—
2018
$29
—
$1,550
—
2017
$29
—
$1,550
—
2016
$29
—
$1,550
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 154 Red Water
154 Red Water, Mabank, TX 75156 (MLS# 21115576) is a Lots/Land property with a lot size of 0.075 acres. 154 Red Water is currently listed for $9,000 and was received on November 18, 2025. Want to learn more about 154 Red Water? Do you have questions about finding other Lots/Land real estate for sale in Mabank? You can browse all Mabank real estate or contact a Coldwell Banker agent to request more information.

