About 516 Lake By Drive
HUD Owned Home FHA Case# 511-299286 Sold AS-IS. MAJOR PRICE IMPROVEMENT AND AVAILABLE FOR ALL BIDDERS. COME LOOK OR TAKE A SECOND LOOK BEFORE IT IS GONE! Come check out this great country home located in the Lake By Subdivision in the Seven Points community. This property is in the Mabank ISD. This 3 bedroom home has 2 full bathrooms, large open living-dining-kitchen combo and a rustic cabin design. Vaulted ceilings in the main area, knotty pine shiplap and more. Great views of the countryside and all sitting on approximately 3 acres of land. Come take a look before its gone. Purchase this home with as little as $100 down when utilizing the HUD FHA Sales Incentive.
Status Change History
| Date | Details | Status |
|---|---|---|
| Apr 11, 2026 | Status Changed from Pending to Closed | Closed |
| Feb 26, 2026 | Status Changed from Active Under Contract to Pending | Pending |
| Feb 20, 2026 | Status Changed from Active to Active Under Contract | Active Under Contract |
| Feb 9, 2026 | Status Changed from Pending to Active | Active |
Features of 516 Lake By Drive
| MLS® # | 21015605 |
|---|---|
| Price | $144,160 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,436 |
| Acres | 2.94 |
| Year Built | 1996 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Closed |
Community Information
| Address | 516 Lake By Drive |
|---|---|
| Subdivision | Lake By Acres |
| City | Kemp |
| County | Henderson |
| State | Texas |
| Zip Code | 75143-8692 |
Amenities
| Utilities | Co-op Electric, Septic |
|---|---|
| Garages | Carport |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Decorative Lighting, Vaulted Ceiling(s) |
|---|---|
| Heating | Central, Electric |
| Fireplace | No |
Exterior
| Roof | Metal |
|---|---|
| Construction | Siding |
| Foundation | Block |
School Information
| District | Mabank ISD |
|---|---|
| Elementary | Lakeview |
| High | Mabank |
Additional Information
| Date Listed | July 5th, 2025 |
|---|---|
| Date Sold | April 9th, 2026 |
| Days on Market | 437 |
Listing Details
| Agent | Kevin Riney |
|---|---|
| Office | NE Texas Regional Realty |
| Contact Info | 903-361-2733 |