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$150,000
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Property Description
Discover this prime commercial lot for sale in fast growing Mabank, Texas. Located on the corner of S. 3rd Street and Walnut with approximately 125 feet of road frontage on a major state highway that sees close to 30,000 vehicles per day according to TxDOT. High visibility and heavy traffic make this an ideal location for a new business, investment property, or future commercial development. Utilities are available at the road, giving you quick access to water, sewer, and electric services. The land sits inside an Opportunity Zone, offering potential tax benefits for qualified investors and adding tremendous long term value for anyone looking to build or hold commercial real estate in the Cedar Creek Lake area. Surrounded by thriving nearby communities including Gun Barrel City, Kaufman, and Athens, this site benefits from a strong customer base and consistent growth. Mabank is known for its pro business environment, making the development process straightforward for retail, restaurant, fast food, salon, office, medical or your next business venture. This commercial property is perfectly positioned for developers, franchise owners, and investors seeking a high traffic location with excellent exposure and future growth potential. Its central location provides convenient access to nearby schools, restaurants, established businesses, and major routes, making it easily accessible for customers and deliveries. Whether you're planning immediate construction or securing a strategic investment for the years ahead, this site offers the space, access, and visibility your business needs to succeed. Buyer to verify zoning and permitted uses.
Full Property Details
Full Property Details for 602 S 3rd St
General
- Price: $150,000
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21118980
- Updated: 11/22/2025
- Added to Site: 56 day(s) ago
Location
- County: Kaufman
- Subdivision: Mabank Original
- Driving Directions: From Mabank City Hall. Head west on E Market St toward N Third St. Turn left #rd St (HWy198) lot will be on your right
- Dist. to Street: 125
School Information
- Elem School District: Mabank ISD
- Midd School District: Mabank ISD
- High School District: Mabank ISD
- High School: Mabank
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Vacant
Lot Features
- Lot Size (Acres): 0.43
- Lot Size (Sq. Ft.): 18,730.8
- Lot Size Source: Other
- Lot Dimensions: 125 x 150 x 125 x 150
- Frontage: Highway, State Road, Asphalt
- Lot Features: Cleared, Corner Lot, Level, City Lot
- Potential Use: Commercial, Retail
- Zoning: Commercial
Financial Considerations
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Legal Description: MABANK ORIGINAL BLOCK 15 LOT 9-11
- Property ID: 239000150009009505
- Block: 15
- Lot Number: 9 -11
Listed by KW-Cedar Creek Lake Properties, Jamye Montgomery
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Schools
Schools serving 602 S 3rd St
School District:Mabank Independent School District
| Name | Grades | Distance |
|---|---|---|
Mabank High School 18786 E Hwy 175, Mabank, TX 75147 | 9-12 | 0.9 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 602 S 3rd St
Date
Details
Price
Change
Source
11/22/2025
Listed
$150,000
—
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 602 S 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,424
—
$74,923
—
2023
$1,421
-7%
$74,923
—
2022
$1,523
-5%
$74,923
—
2021
$1,609
4%
$74,923
9%
2020
$1,552
-6%
$69,000
—
2019
$1,653
-15%
$69,000
-9%
2018
$1,940
10%
$75,900
10%
2017
$1,763
—
$69,000
—
2016
$1,761
1%
$69,000
—
2015
$1,747
-41%
$69,000
—
2013
$2,969
—
$69,000
-42%
2013
$2,969
—
$118,960
—
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 602 S 3rd St
602 S 3rd Street, Mabank, TX 75147 (MLS# 21118980) is a Lots/Land property with a lot size of 0.43 acres. 602 S 3rd Street is currently listed for $150,000 and was received on November 22, 2025. Want to learn more about 602 S 3rd Street? 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.

