- Henderson County
- Mabank TX
- 75156
- Local Area: Cherokee Shores Sub Sec E
Property Overview
Truly a must see property. Experience premium waterfront living in this contemporary Cedar Creek Lake estate. Completed in 2022, this fully furnished residence offers a rare opportunity to acquire a turnkey paradise alongside a highly lucrative, established short-term rental revenue stream, yielding $24k through the first half of 2026. Designed to maximize its geographic advantage, the home welcomes the morning with pristine, east-facing sunrise views across an expansive open-concept floor plan. With 4 bedrooms and 3 ensuite bathrooms, the layout seamlessly balances private relaxation with grand-scale entertaining. Outdoor amenities feature a 2022 constructed boat dock and lift to house your boat. Even during seasonal low lake levels, the water remains ideal for fishing, kayaking and canoeing. Complete with local POA private boat ramp access and anticipated neighborhood enhancements, this versatile property serves beautifully as an immediate investment, a weekend sanctuary, or a permanent primary residence.
Featured spaces
HAVE QUESTIONS ABOUT THIS HOME?
Text or email Steavy directly from this listing.
HAVE QUESTIONS ABOUT THIS HOME?
Text or email Steavy directly from this listing.
Property highlights
Year Built 2022
School District Eustace Isd
HOA $198 Annually
Pool Yes
Parking 1-car garage, 1 covered
Architecture Contemporary Modern, Detached
Fireplace 1 Fireplaces
Neighborhood Cherokee Shores Sub Sec E
Full Property Details
Property Details
Quick Details
- Price $679,000
- Status Active
- Bedrooms 4
- Bathrooms 3
- Square Feet 1,983 Sq Ft
- Lot Size 0.14 acres
- Lot Size Sq Ft 5,968
- Year Built 2022
- Price / Sq Ft $342 / Sq Ft
- MLS # 21321987
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- Property Condition Resale
- County Henderson
- Subdivision Cherokee Shores Sub Sec E
- Days on Market 138
Home Details
- Architectural Style Contemporary Modern, Detached
- Stories 2
- Levels Two
- Full Baths 3
- Half Baths 0
- Construction Board And Batten Siding, Wood Siding
- Foundation Slab
- Roof Composition
- Flooring Carpet, Ceramic Tile, Luxury Vinyl Plank
- Heating Central, Heat Pump
- Cooling Central Air, Ceiling Fans, Heat Pump
- Property Attached No
Kitchen & Interior
- Appliances Some Gas Appliances, Double Oven, Dishwasher, Electric Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Plumbed For Gas, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
- Interior Features Built In Features, Decorative Designer Lighting Fixtures, Double Vanity, Eat In Kitchen, High Speed Internet, Kitchen Island, Multiple Master Suites, Open Floorplan, Walk In Closets
- Fireplaces 1
- Fireplace Features Electric, Living Room, Outside, Wood Burning
Lot & Exterior
- Lot Features Landscaped, Waterfront, Retaining Wall
- Exterior Features Dock, Lighting, Rain Gutters, Fire Pit
- Patio & Porch Features Deck, Patio
- Pool Yes
- Pool Features Community
- Waterfront Features Boat Dock Slip, Lake Front, Waterfront
Parking
- Parking Concrete, Driveway, Garage Faces Front, Garage
- Garage Spaces 1
- Covered Parking 1
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $9,790
- HOA Fee $198 Annually
- HOA Includes All Facilities, Maintenance Grounds
- Community Features Boat Facilities, Fishing, Lake, Playground, Park, Pool
- Parcel Number 23900005A33030
- Legal Description LT 1033 AB 132 G CHOVANNO SUR, CHEROKEE SHORE
- Tax Lot 1033
Utilities
- Utilities Propane, Sewer Available, Water Available
- Water Public
- Sewer Public Sewer
Schools
- School District Eustace ISD
- Elementary Eustace — Eustace ISD
- Middle Eustace — Eustace ISD
- High Eustace — Eustace ISD
Listing Information
- Listing Agent Mary Wagner
- Brokerage TX Lake & Land Real Estate
- MLS Board NTREIS
- List Date 07/06/2026
- Source Updated 10/30/2026
- Last Updated 10/30/2026
- Virtual Tour View Virtual Tour (PropertyPanorama)
Property Tax & CAD Valuation for 202 Sunray Street
Henderson CAD (Pritchard & Abbott) records for 202 Sunray Street, Mabank, TX 75156 show a CAD market value of $699,420 and a net appraised value of $699,420. CAD values are used for property-tax purposes and may differ from the property's current list price or eventual sale price.
TAX INFO FOR NORMAL PEOPLE
A plain-English look at Henderson CAD (Pritchard & Abbott) property-tax and appraisal records for 202 Sunray Street, Mabank, TX 75156, including CAD market value, appraised value, exemptions, taxing entities, improvement records, and value history.
View Official Henderson CAD (Pritchard & Abbott) Property Record
1. CAD Big Picture: Land + Improvements = Market Value
This shows what the CAD market value is made of. Appraisal districts usually separate value between the land and the improvements. Improvements may include the home, garages, shops, patios, pools, decks, storage, and other structures.
Land Value $126,000 + Improvement Value $573,420 = CAD Market Value $699,420
2. Improvement Details: Size, Type & Assessed Value
This is a breakdown of the improvements CAD has listed for the property and the square footage or area connected to those records. CAD improvement records may include the main living area, garages, shops, decks, patios, pools, storage, or other site improvements when available.
PIER
Value: $12,093 Total Area: 48 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| PIER | PR | 48 Sqft |
LIVING AREA
Value: $265,547 Total Area: 1054 Sqft Living Area: 1054 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| LIVING AREA | LA | 1,054 Sqft |
GARAGE FREESTANDING 2016 NEWER
Value: $56,687 Total Area: 225 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| GARAGE FREESTANDING 2016 NEWER | GF1 | 225 Sqft |
PORCH/COV
Value: $5,039 Total Area: 20 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| PORCH/COV | PO | 20 Sqft |
2ND STORY
Value: $234,054 Total Area: 929 Sqft Living Area: 929 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| 2ND STORY | L2 | 929 Sqft |
3. Current Tax Exemptions & Statutory Limitations
Property tax bills reflect two distinct types of CAD adjustments: local taxing jurisdiction exemptions (which reduce taxable value below appraised value) and statutory appraisal limitations (which limit the annual growth of appraised value itself). Each taxing entity establishes its own exemption amounts and tax rates.
No standard exemptions or CAD reductions were detected in the current record.
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer’s exemptions and future tax obligations may differ.
4. Value After CAD Reductions
This is where CAD reductions, exemptions, limitations, or special-use valuation may affect the value used for tax calculations.
CAD Market Value $699,420 − All Current CAD Reductions $0 = Current Taxed Starting Point $699,420
This reflects the CAD net appraised value after current CAD reductions. Individual taxing units may use different taxable values when exemptions apply.
5. Who Taxes It?
These are the local entities included in the current CAD/tax estimate. A property tax bill can include a city, county, school district, municipal utility district, public improvement district, or other special district. Each entity may use its own taxable value, rate, and exemption treatment.
| Entity | Taxable Value | Rate (per $100) | Est. Tax (No Ex.) | Savings | Est. Tax (Current) |
|---|---|---|---|---|---|
|
Other Entity
HENDERSON CAD |
$699,420 | 0.0000 | $0 | — | $0 |
|
Emergency Services District (ESD)
EMERGENCY SVS DIST #2 |
$699,420 | 0.0538 | $376 | — | $376 |
|
School District
EUSTACE ISD |
$699,420 | 0.9008 | $6,300 | — | $6,300 |
|
County
HENDERSON CO R&B |
$699,420 | 0.0172 | $121 | — | $121 |
|
County
HENDERSON COUNTY |
$699,420 | 0.2743 | $1,918 | — | $1,918 |
|
County
HENDERSON CO FM-FC |
$699,420 | 0.0400 | $280 | — | $280 |
|
Other Entity
TRINITY VALLEY COMM |
$699,420 | 0.1137 | $795 | — | $795 |
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer's exemptions and future tax obligations may differ.
Special District Context
- Emergency Services District (ESD): A special district providing emergency services and fire protection.
6. Estimated Tax Bottom Line
Est. Taxes (No Exemptions) $9,790 − Est. Tax Reductions / Savings — = Est. Taxes (With Current Exemptions) $9,790
The current CAD record does not establish an exemption tax savings calculation. A buyer’s future tax bill may differ.
7. CAD Values Over Time
YOY Change reflects the change in CAD Market Value from the prior appraisal year. Taxed / Appraised reflects the CAD net appraised value after CAD reductions, or the certified capped appraisal value where jurisdictions differ. Individual taxing units may use different taxable values when exemptions apply.
| Year | Land | Impr. | Market | Taxed / Appraised | YOY Change |
|---|---|---|---|---|---|
| 2021 | $55,000 | $1,896 | $56,896 | $56,896 | — |
| 2022 | $126,000 | $500 | $126,500 | $126,500 | +$69,604 / +122.34% |
| 2023 | $126,000 | $538,504 | $664,504 | $664,504 | +$538,004 / +425.30% |
| 2024 | $126,000 | $573,420 | $699,420 | $699,420 | +$34,916 / +5.25% |
| 2025 | $126,000 | $573,420 | $699,420 | $699,420 | — |
| 2026 | $126,000 | $573,420 | $699,420 | $699,420 | — |
8. List Price vs CAD Value
The current list price and the county’s CAD market value are not the same thing. CAD market value is used for property-tax context and may lag the open market, reflect prior protests, exemptions, caps, agricultural or special-use treatment, or other appraisal district methods.
How does the list price compare with the CAD value?
CAD values are appraisal-district values used for property-tax purposes and can differ from current asking prices and eventual sale prices.
Current List Price $679,000 − Current CAD Market Value $699,420 = Under CAD Value -$20,420 (-2.9%)
A sale price can become part of the appraisal district’s future evidence. A buyer’s future taxable value and tax bill may change after purchase, especially if exemptions, caps, or special-use valuation change.
For tax planning, buyers should confirm future taxable value, exemptions, and special-use treatment with the appraisal district, tax office, lender, CPA, or other qualified advisor.
LIFE AROUND CHEROKEE SHORES SUB SEC E
A curated look at local favorites, everyday stops, and lifestyle context near this property.