2.85 Acre waterfront lot in Exclusive 505 Ranch Club
Rare opportunity to own one of just two remaining waterfront lots in the prestigious, gated 505 Ranch community on Cedar Creek Lake—where lake life meets ranch life for an unmatched lifestyle experience. This expansive 2.84-acre lot features approximately 185 feet of prime waterfront and offers breathtaking, unobstructed views of miles of open water. Boathouse permitted with TRWD approval. 505 Ranch is a luxury private community with over 400 acres of common area, offering residents access to an equestrian center, polo field, riding arena, skeet range, wooded hiking and biking trails, ATV courses, stocked fishing ponds, pickle ball courts and more. Enjoy access to the guest cottage while you build, and take full advantage of the clubhouse, pool, and sandy beach—ideal for connecting with neighbors and entertaining guests. All 56 developer waterfront lots have sold; only a limited number of privately held lots remain. The rest are home to stunning custom estates tucked among mature trees on sprawling acreage. Build your dream home with the builder of your choice. Community offers 24-hour ranch staff and concierge services for a truly turnkey experience—all located less than an hour from Downtown Dallas.
Lot/land
$1,295,000
307 Sun Valley, Mabank, TX 75147
--beds
--baths
2.84Acres
Unimproved Land
Built in ----
2.84 Acres Lot
$-- Zestimate®
$--/sqft
$838/mo HOA
What's special
- 131 days
- 44
- 2
Zillow last checked:
Listing updated:
Listed by:
Debbie French 0529891 903-340-8590,
Ebby Halliday Realtors 903-340-8590
Source: NTREIS,MLS#: 21244820
Facts & features
Interior
Video & virtual tour
Property
Features
- On waterfront: Yes
- Waterfront features: Lake Front
- Body of water: Cedar Creek
Lot
- Size: 2.84 Acres
- Dimensions: 708 x 174 x 690 x 191
- Features: Acreage, City Lot
Details
- Parcel number: 204037
- Zoning description: Residential
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: 505 Ranch
HOA
- Has HOA: Yes
- Services included: Insurance, Maintenance Grounds
- HOA fee: $2,515 quarterly
- HOA name: 505 Ranch Club At Cedar Creek Lake
- HOA phone: 214-292-2040
Location
- Region: Mabank
Financial & listing details
- Tax assessed value: $904,076
- Annual tax amount: $18,712
- Date on market: 4/22/2026
- Cumulative days on market: 500 days
- Listing terms: Cash
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,490/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2026 | Listed for sale | $1,295,000 |
Source: NTREIS #21244820 Report a problem | ||
| 4/20/2026 | Listing removed | $1,295,000 |
Source: | ||
| 4/18/2026 | Price change | $1,295,000-3.7% |
Source: NTREIS #21087074 Report a problem | ||
| 10/17/2025 | Listed for sale | $1,345,000 |
Source: NTREIS #21087074 Report a problem | ||
| 10/15/2025 | Listing removed | $1,345,000 |
Source: | ||
| 4/19/2025 | Price change | $1,345,000+1.5% |
Source: NTREIS #20902705 Report a problem | ||
| 4/17/2025 | Listed for sale | $1,325,000+253.3% |
Source: NTREIS #20902705 Report a problem | ||
| 10/30/2018 | Listing removed | $375,000 |
Source: COLDWELL BANKER RESIDENTIAL #85738 Report a problem | ||
| 7/11/2018 | Listed for sale | $375,000 |
Source: Coldwell Banker Residential Brokerage - Dallas Texas #13888709 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,188 -8.1% | $904,076 -8.1% |
| 2024 | $18,712 +20.3% | $984,240 +20% |
| 2023 | $15,560 -6.7% | $820,200 |
| 2022 | $16,674 +17.5% | $820,200 +24.2% |
| 2021 | $14,188 +21.2% | $660,614 +26.9% |
| 2020 | $11,706 | $520,500 +66.4% |
| 2019 | -- | $312,890 -10.6% |
| 2018 | $5,750 | $350,000 +55.6% |
| 2017 | $5,750 +0.1% | $225,000 |
| 2016 | $5,744 -17.2% | $225,000 |
| 2015 | $6,939 | $225,000 -18.2% |
| 2014 | $6,939 | $275,000 |
| 2013 | -- | $275,000 |
| 2012 | -- | $275,000 -21.4% |
| 2011 | -- | $350,000 |
| 2010 | -- | $350,000 +288.9% |
| 2009 | -- | $90,000 -74.3% |
| 2008 | -- | $350,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 75147
Nearby schools
Schools provided by the listing agent
- Elementary: Mabank
- Middle: Mabank
- High: Mabank
- District: Mabank ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





