602 S 3rd St

$150,000
Price
18,730 / 0.43
Lot Size / Acres

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...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.
  1. Listed by Jamye Montgomery • TREC #0651174 • KW-Cedar Creek Lake Properties • 903-910-3400

Property Details for 602 South 3rd Street

Subdivision Name
Mabank Original
Lot Size Dimensions
125x150x125x150
Zoning Description
Commercial
LISTING UPDATED: 11/23/2025 11:44 AM

Property Details for 602 South 3rd Street

StatusActive
MLS #21118980
Days on Market45
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage / Unimproved Land
Year Built-
Lot Size0.43 AC
CountyKaufman County

Location

Listing Courtesy of KW-Cedar Creek Lake Properties, Jamye Montgomery
Add your commute

Building Information for 602 South 3rd Street

Lot Size0.43 AC

Payment Calculator

$850 per month

30 year fixed, 6.15% Interest

Principal and Interest

$731

Property Taxes

$119

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 602 South 3rd Street

Summary
Location and General Information
  • Block: 15
  • 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
  • High School: Mabank
  • High School Name: Mabank
  • Intermediate School: Mabank
  • Junior High School: Mabank
  • School District: Mabank ISD
  • Geocode Confidence: High
  • Latitude: 32.36
  • Longitude: -96.10
  • State: Texas
Taxes and HOA Information
  • Tax Legal Description: MABANK ORIGINAL BLOCK 15 LOT 9-11
  • Association Type: None
  • Tax Lot: 9 -11
Virtual Tour
Interior and Exterior Features
Exterior Features
  • Waterfront: No
Property
Utilities
  • Utilities: Asphalt, City Sewer, City Water, Curbs, Electricity Available
Property and Assessments
  • AG Exemption: No
  • Financing Proposed: 1031 Exchange, Cash, Conventional
  • Concessions YN: Yes
  • Loan Type: Treat As Clear
  • Restrictions: Building
  • Property Match: APN
Lot Information
  • Development: City Limits
  • Easements: None
  • Frontage Feet: 125
  • Lot Features: Cleared, Corner Lot, Level
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Acres: 0.43
  • Lot Size Area: 0.43
  • Lot Size Source: Other
  • Lot Size Units: Acres
  • Lot Size Square Feet: 18730.8
  • Lots Sold Package: 3
  • Lots Sold Separate: 0
  • Multi Parcel ID: No
  • Number Of Lots: 3
  • Parcel Number: 00239000150009009505
  • Road Frontage: Highway, State Road
  • Road Frontage Distance: 125
  • Current Use: Vacant
  • Road Surface Type: Asphalt

Property History for 602 South 3rd Street

DateEvent & SourcePriceAppreciation
Nov 22, 2025

Listed (Active)

NTREIS #21118980

$150,000
Sep 7, 2016

Expired

NTREIS #13338045

Mar 14, 2016

Listed (Active)

NTREIS #13338045

$105,000
DateEvent & SourcePrice
11/22/2025

Listed (Active)

NTREIS #21118980

$150,000
09/07/2016

Expired

NTREIS #13338045

03/14/2016

Listed (Active)

NTREIS #13338045

$105,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 602 South 3rd Street

Taxable ValueLand$74,923Additions-Total$74,923
Tax Record2024$1,424 ($119 / month)
Home Facts
Total Finished SqFt1,288 SqFtAbove Grade Finished SqFt1,288 SqFtLot Size18,731 SqFtStyleCommercialCountyKAUFMANAPN00.2390.0015.0009.00.95.05

Schools near 602 South 3rd Street

This home is within Mabank Independent School District.
Rating
School
Type
Grades
Distance
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Mabank Intermediate School
Public5 to 6

Mabank J High School
Public7 to 8

Mabank High School
Public9 to 12

Central Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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602 South 3rd Street is a 0.43 ac of land for sale in Mabank, TX 75147. This property was listed for sale on November 22, 2025 by KW-Cedar Creek Lake Properties, it's currently listed at $150,000. This listing's school district is Mabank Independent School District. Nearby schools include Mabank Intermediate School, Mabank J High School and Mabank High School. 602 South 3rd Street is a 0-bed, 0-bath, 0.43 ac of land on a 18,730 sq. ft. / 0.43 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW-Cedar Creek Lake Properties, Jamye Montgomery

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 11/23/2025 11:44 AM