- Henderson County
- Eustace TX
- 75124
- Local Area: La Martinique
Property Overview
Waterfront Living with Room to Spread Out! This spacious 4-bedroom, 2.5-bath manufactured home sits on **four lake lots—three of them waterfront—**overlooking a peaceful cove. A detached garage across from the home provides covered parking and plenty of room for vehicles, lake toys, and storage. An electrical hookup near the garage offers added convenience for an RV. Surrounded by mature trees with generous indoor and outdoor living space, this property is ideal for a full-time residence, weekend getaway, or gathering place for family and friends.
Inside, you'll find two spacious living areas, one featuring a wood-burning fireplace, along with an open-concept kitchen and living space. The primary suite includes a private sitting area and updated ensuite bath. Two additional bedrooms share a convenient Jack-and-Jill bath, while the fourth bedroom and laundry area have access to an additional half bath.
Step outside to the covered lakeside porch and take in the beautiful cove views. The outdoor spaces are made for entertaining, featuring a fire pit and covered pavilion with its own bathroom and storage, plus plenty of room for cookouts and evenings by the water. A hot tub connection at the back of the home, remaining from a previous hot tub, is ready for the next owner to create their own outdoor retreat.
The boat dock accommodates two boats and includes a boat lift and jet ski lift, making it easy to get out and enjoy the lake.
With four lake lots—three waterfront—mature trees, boat dock, RV hookup, multiple entertaining areas, and peaceful cove views, this property offers plenty of space to relax, entertain, and enjoy the lake lifestyle year-round.
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Property highlights
Year Built 1996
School District Mabank Isd
HOA No HOA
Parking 2-car garage, 4 covered
Outdoor Living Outdoor Living Area
Fireplace 1 Fireplaces
Neighborhood La Martinique
Full Property Details
Property Details
Quick Details
- Price $535,000
- Status Active
- Bedrooms 4
- Bathrooms 2
- Square Feet 2,128 Sq Ft
- Lot Size 0.62 acres
- Lot Size Sq Ft 26,836
- Year Built 1996
- Price / Sq Ft $251 / Sq Ft
- MLS # 21371791
Overview
- Property Type Residential
- Property Subtype Manufactured Home
- Property Condition Resale
- County Henderson
- Subdivision La Martinique
- Days on Market 19
Home Details
- Stories 1
- Levels One
- Full Baths 2
- Half Baths 0
- Roof Metal
- Flooring Carpet, Vinyl
- Heating Central, Electric, Fireplaces
- Cooling Central Air, Ceiling Fans, Electric
- Property Attached Yes
Kitchen & Interior
- Appliances Dishwasher, Electric Range, Electric Water Heater, Disposal
- Interior Features Built In Features, High Speed Internet, Open Floorplan, Cable Tv, Walk In Closets
- Laundry Features Washer Hookup, Dryer Hookup, Other
- Fireplaces 1
- Fireplace Features Living Room, Wood Burning
- Window Features Window Coverings
Lot & Exterior
- Lot Features Back Yard, Lawn, Many Trees, Waterfront, Retaining Wall
- Exterior Features Awnings, Barbecue, Boat Slip, Deck, Dock, Fire Pit, Outdoor Grill, Outdoor Living Area, Rain Gutters, Rv Hookup, Storage
- Patio & Porch Features Rear Porch, Front Porch, Covered, Deck
- Pool No
- Other Structures Garages, Other, Storage
- Waterfront Features Boat Dock Slip, Lake Front, Waterfront
Parking
- Parking Additional Parking, Gravel, Workshop In Garage
- Garage Spaces 2
- Covered Parking 4
- Attached Garage No
Taxes & HOA
- Annual Taxes $1,139
- Parcel Number 262466
- Legal Description AB 59 J P BROWN SUR, LA MARTINIQUE LT 19
- Tax Lot 19
Utilities
- Utilities Propane, Overhead Utilities, Septic Available, Separate Meters, Water Available, Cable Available
- Water Public
- Sewer Septic Tank
Schools
- School District Mabank ISD
- Elementary Mabank — Mabank ISD
- Middle Mabank — Mabank ISD
- High Mabank — Mabank ISD
Listing Information
- Listing Agent Wendy Fisher
- Brokerage City Real Estate
- MLS Board NTREIS
- List Date 09/04/2026
- Source Updated 09/21/2026
- Last Updated 09/21/2026
- Virtual Tour View Virtual Tour (Zillow)
Explore in 3D
Property Tax & CAD Valuation for 18404 Pine Drive
Henderson CAD (Pritchard & Abbott) records for 18404 Pine Drive, Eustace, TX 75124 show a CAD market value of $242,637 and a net appraised value of $78,755. 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 18404 Pine Drive, Eustace, TX 75124, 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 $156,000 + Improvement Value $86,637 = CAD Market Value $242,637
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.
Building
Value: $86,637 Total Area: 2352 Sqft Living Area: 2128 Sqft
| Detail | CAD Code | Area |
|---|---|---|
| LIVING AREA | MH | 2,128 Sqft |
| WOOD DECK | WD | 224 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.
Local taxing jurisdictions reflect taxable value reductions below appraised value. The CAD source did not disclose specific exemption codes.
Statutory 10% limitation on annual increase in appraised value for qualifying residence homestead (Texas Tax Code § 23.23). This is an appraisal-stage limitation, not a local taxing jurisdiction exemption.
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 $242,637 − All Current CAD Reductions -$163,882 = Current Taxed Starting Point $78,755
This reflects the CAD net appraised value after current CAD reductions. Individual taxing units may use different taxable values when exemptions apply.
Taxable-value reduction for applicable school district (Mabank ISD); reflects current CAD record, not guaranteed to transfer to buyer. Additional local taxing units on this record also show taxable-value reductions: Henderson CAD (-$163,882), Emergency Svs Dist #2 (-$163,882), Henderson Co R&b (-$177,956), Henderson County (-$177,956), Henderson Co Fm-fc (-$165,571), Trinity Valley Comm (-$172,326). Separate from -$163,882 10% homestead cap already reflected in the $242,637 net appraised value.
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 |
$78,755 | 0.0000 | $0 | — | $0 |
|
Emergency Services District (ESD)
EMERGENCY SVS DIST #2 |
$78,755 | 0.0538 | $131 | -$88 | $42 |
|
County
HENDERSON CO R&B |
$64,681 | 0.0172 | $42 | -$31 | $11 |
|
County
HENDERSON COUNTY |
$64,681 | 0.2743 | $666 | -$488 | $177 |
|
County
HENDERSON CO FM-FC |
$77,066 | 0.0400 | $97 | -$66 | $31 |
|
School District
MABANK ISD |
$0 | 0.9469 | $2,298 | -$2,298 | $0 |
|
Other Entity
TRINITY VALLEY COMM |
$70,311 | 0.1137 | $276 | -$196 | $80 |
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) $3,508 − Est. Tax Reductions / Savings $3,167 = Est. Taxes (With Current Exemptions) $342
The current CAD tax estimate shows exemptions and adjustments reduce the estimated annual taxes by about $3,167. Estimated taxes without exemptions are calculated by applying each jurisdiction's tax rate to its pre-exemption taxable value. Exemption savings represent the difference between this unexempted estimate and the county's current tax estimate. Taxable values and tax rates vary by jurisdiction. Future taxes depend on buyer qualification and future adopted rates.
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 | $18,200 | $31,110 | $49,310 | $48,901 | +$3,886 / +8.55% |
| 2022 | $156,000 | $31,110 | $187,110 | $53,790 | +$137,800 / +279.46% |
| 2023 | $156,000 | $71,761 | $227,761 | $59,169 | +$40,651 / +21.73% |
| 2024 | $156,000 | $83,656 | $239,656 | $65,086 | +$11,895 / +5.22% |
| 2025 | $156,000 | $86,637 | $242,637 | $71,595 | +$2,981 / +1.24% |
| 2026 | $156,000 | $86,637 | $242,637 | $78,755 | — |
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 $535,000 − Current CAD Market Value $242,637 = Over CAD Value +$292,363 (+120.5%)
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 LA MARTINIQUE
A curated look at local favorites, everyday stops, and lifestyle context near this property.