Owner Financed Land in Texas on Cedar Creek Lake
Welcome to this lakefront lot on one of Texas’ great hidden gems – Cedar Creek Lake – within 90 minutes of Dallas. This HOA-free enclave comes ready to build with utilities on site, a home pad, and 77 feet of lake frontage!
- No HOA
- 77 feet of Lake Frontage
- Public Road Frontage
- All Utiliites Available (power, water, sewer)
- Very Buildable: Pad Site, Flat, No Floodplain
- Surveyed
- Priced Well Below Market!
PROPERTY: Nestled within the serene landscapes of Cedar Creek Lake, this picturesque 3.28-acre property at 6958 Double Bridge Road, Mabank, TX, offers a rare opportunity to embrace both residential and recreational lifestyles. This lakefront parcel features 77 feet of direct lake frontage, perfect for boating, fishing, and just soaking in the view, and is ideally situated just 90 minutes from Dallas. With its mostly cleared terrain including a pad site, this flat and easily buildable lot comes fully equipped with all necessary utilities (power, water, and sewer) and enjoys 250 feet of paved road frontage, ensuring easy access. Boasting a tranquil neighborhood ambiance, the property is free from HOA constraints and offers very light deed restrictions, allowing for various uses including the placement of mobile homes. Furthermore, the survey, which is readily available, helps jumpstart your building project and there’s no floodplain to interfere with your plans. The Dollar General in Payne Springs is conveniently located just 8 minutes away, while Mabank/Gun Barrel City hosts a Walmart and larger retail options like Lowe’s. This area seamlessly blends small-town charm, lake living, and easy access to the bustling amenities of Dallas. This land represents an exceptional value priced far below the market, ensuring a prime investment or dream home location with all the benefits of lakeside living yet still near urban conveniences.
Call or text Scott directly at 314.639.9777 or email info@acretown.com if you have any questions or would like to make an offer. If you’re a Spanish speaker, please ask for Andy on our team and he’ll be glad to help you. We’ve posted a lot of info below – including critical instructions for visiting the property – so please keep reading!
Best Deal in the Market – Check Zillow or Redfin and You’ll Agree!
After opening this map, you may see even more information about the area by clicking on Map Legend, then Overlays.
- ADDRESS: 6958 Double Bridge Rd, Mabank, TX, 75033-0672
- SIZE: 3.28 acres
- GPS COORDINATES: 32.247507, -96.098700
- PARCEL #: 4620.0000.0100.30
- ABRIDGED LEGAL DESCRIPTION: Acres: 3.255 Lot: Lt 10 Ab 525 H T Moore Sur Woodcanyon Waters #2 Pt Lt 10 (Unrec)
- FULL LEGAL DESCRIPTION: download here
- PLAT MAP/SURVEY: download here (get County’s boundary/KML file here – opens in Google Earth)
- TITLE: General Warranty deed (clean – no back taxes, no liens)
- MINERAL RIGHTS: none (reserved over 50 years ago)
- DIMENSIONS (approximate): starting at NW corner, 936′ E x 77′ S (lake frontage) x 865′ W x 250′ N (along road) to POB
- FLOODPLAIN: none, no wetlands
- ELEVATION: 356 feet
- TERRAIN: flat to gently sloping
- CONDITION: mostly cleared, pad site, old dock, some trees
- ACCESS: 250 feet of direct frontage on Double Bridge Road
- POWER: available on-site
- WATER: available along road
- WASTEWATER: available along road
- TAXES: $24,452.76 in 2023 with home, but the lot is vacant now (other vacant lots in neighborhood were billed at about $1179 per acre)
- HOA: none
- DEED RESTRICTIONS: download here (summarized below)
- 750 sf minimum home size
- setbacks: 20 feet from road, 5 feet from side
- ZONING: none
- SCHOOL DISTRICTS: Eustace (Elementary) – Eustace (Middle School) – Eustace (High School)
- NEAREST CITIES: Mabank < Dallas
- NEAREST AIRPORTS: Athens Municipal (33 mins), Dallas Love (1 hr 23 mins), DFW International (1 hr 34 mins)
- COUNTY GOVERNMENT:
- Assessor (903) 675-6134
- Treasurer (903) 675-6119
- Clerk/Recorder (903) 675-6140
You can go view the property at your convenience – owner does not need to accompany. Please call/text us to let us know you’re heading out, so we can (1) confirm its availability (our land does sell fast), and (2) ensure we have our phone on us in case you need help or have any questions. We’d appreciate a couple hours notice if possible. In case you lose cell phone service, it may be helpful to print off as many helpful documents as you can before you head out there.
DRIVING DIRECTIONS: Click HERE to open the destination in Google Maps, and simply enter your starting point to get step-by-step directions.
- From this link, you can press “Directions” (on the left), enter your starting point, and Google Maps will provide you with step-by-step directions.
- You can also click “Send to Phone” if you’re viewing this on your computer
- And “Save” to download the directions so they’ll still work if you lose cell service.
If for some reason you’re having trouble with that link, you can navigate to GPS coordinates: 32.247507, -96.098700
WALKING THE PROPERTY LINES w/YOUR PHONE: We highly recommend downloading Google Earth to your phone if you don’t already have it. Then . . .
- Download the property boundary file (called a KML or KMZ file) here. You may be prompted to click “download” one more time, so do that . . . OR you may be prompted to immediately open the file with Google Earth and, in that case, do that and ignore the remaining steps. Otherwise . . .
- Open Google Earth
- Go to the main menu (the three horizontal lines at the top left of the screen), then Projects > Open > Import KML file > select the KML file you just downloaded (it should show up on that screen).
Now you should be able to see the property lines on the map, and the green dot represents where you’re currently standing. This is a very important tool to learn BEFORE you head out there. Please call us if you have any questions about it.
In the heart of Texas, discover the hidden gem of Cedar Creek Lake, where endless opportunities for boating, fishing, and lakeside relaxation await beneath the warm Texan sun. Anglers can expect nice hauls of largemouth bass, catfish, crappie, and bluegills. Flanked on the east side by the towns of Mabank, Gun Barrel City, and Eustace, residents and visitors of the lake can enjoy a variety of recreational and cultural attractions set amid picturesque landscapes. Enchanted Oaks Park and Moseley Park offer serene environments ideal for family outings and nature walks. For those with a green thumb or an appreciation for flora, Frans Garden and the East Texas Arboretum provide beautiful, botanical escapes. Adventure seekers will find excitement at Purtis Creek State Park and Whatz-Up Fun Park, while the Rocky Ridge Drive-Thru Safari offers a unique wildlife experience nearby. After all the dust has settled, grab a bit and a beverage at Vernons Lakeside Restaurant. Those interested in history can explore local gems like the Kemp Calaboose or venture to Dallas, just over an hour away, where attractions like Six Flags and the Dallas Cowboys await. The Dollar General in Payne Springs is conveniently located just 8 minutes away, while Mabank/Gun Barrel City hosts a Walmart and larger retail options like Lowe’s. This area seamlessly blends small-town charm, lake living, and easy access to the bustling amenities of Dallas.
NEARBY – Enchanted Oaks Park (10 mins), Moseley Park (15 mins), Frans Garden (27 mins), East Texas Arboretum (25 mins), Purtis Creek State Park (21 mins), Whatz-Up Fun Park (20 mins), Rocky Ridge Drive-Thru Safari (30 mins), Kemp Calaboose (27 mins), Museum of Natural History and Upper Corral (40 mins), The Sixth Floor Museum at Dealey Plaza (1h12 mins), Six Flags Over Texas (1h22 mins), and more!
PAYNE SPRINGS (8 mins, nearest grocery store – Dollar General)
MABANK/GUN BARREL CITY (16 mins, nearest Walmart)
- RETAIL – Walmart, Dollar General, Tiger Mart, Family Dollar, Lowe’s, Brookshire’s, Dollar Tree, CVS and more!
- RESTAURANTS – Taco Bell, Mcdonalds, Sonic Drive-in, Dairy Queen, Subway, Burger King, Pizza Hut, Chili’s Grill & Bar, Little Caesars Pizza, Domino’s, and more!
- MEDICAL SERVICES? Yes, CVS, Tri-county family medicine, UT Health Cedar Creek Lake, Lakeland Medical Associates, East Texas Community Clinic, and more!
- RECREATIONAL – Mabank Depot Toy Train Museum, Tom Finley Park, Whatz-Up Fun Park, King’s Creek Golf Club, Cedar Creek Country Club, Causeway Marina, LLC, and more!
DALLAS (1 hr 7 mins, nearest major city)
OWNER FINANCING: We do offer owner financing under the following terms:
- Purchase Price = $424,000
- Down Payment = $84,800
- Monthly Payment =$4,688.30
- Term = 120 months
If you’d like to buy this property via owner financing, call or text Scott directly at 314.639.9777 or email him at info@acretown.com and we’ll get you set up!
OUTSIDE FINANCING: Your best deal for third-party financing will come from Rural 1st and their details are below:
Rural 1st is America’s leading land lender for rural properties and they require as little as 15% down on a 10 or 15-year fixed land loan, with no PMI, and they prefer a credit score of 720 or better. Please contact Michael Wirth by phone or email at (502) 553-8152 or michael.wirth@rural1st.com. They do serve Texas.
We also recommend Texas Farm Credit, which is one of the best local land lenders in the area, and they require as little as 15% down up to a 25-year term, with interest rates as low as 7.8%, with no pre-payoff penalties. They require a minimum credit score of 680. You can contact Brooke by phone at (979) 551-2111.
Call or text Scott directly at 314.639.9777 or email at info@acretown.com if you’d like to discuss an offer. If you’re a Spanish speaker, please ask for Andy on our team and he’ll be glad to help you.
FOR SALE BY OWNER: We are investors, and are selling this lot For-Sale-By-Owner. You do not need to submit your offer through a real estate agent, and in our experience we close transactions more quickly and easily by having our dedicated transaction coordinator work directly with the Title Company and Buyers. We will also both save money on commission/fees by cutting out agents as the middle men. However, if you feel strongly about working with a Realtor, then you’re welcome to have them contact us on your behalf.
WHY ARE YOU SELLING IT SO CHEAP? We are often asked why we price our properties at below market value, and the answer is really simple: because we can, and that’s our core business model. We are investors who purchase properties at a large volume and deeply liquidated rates, and by passing this discount on to our buyers, we can sell land quickly . . . and more of it! In fact, our average property only lasts 2-3 weeks on the market (vs. industry average of about 6 months).
DISCLAIMER: We attempt to provide detailed, accurate and up-to-date information in our listings, in order to help our buyers to the best of our ability. However, it ultimately remains the buyer’s responsibility to perform their own due diligence and double check any details that are of significant importance to you including acreage, utilities, build-ability, and approved/allowable use-age for the property. We are happy to help however we can.