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$399,999

1 Mary Lou Ct, Mansfield, TX, 76063

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,293 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.44 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Convection Oven
FlooringCeramic Tile, Laminate, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size9,187 sqft

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APN17793-13-1
Lot Number1
SubdivisionHeritage Estates Addition-Mnfd
Land UseResidential
Legal DescriptionHERITAGE ESTATES ADDITION-MNFD BLOCK 13 LOT 1
Census Tract111311
Assessed Land Value$60,000
Assessed Improvement Value$342,805
Assessment Year2025

About this property

****FHA Available 10-27-2026.*** The true highlight awaits out back—a large covered porch that brings timeless Southern charm to the home. Imagine slow mornings with a cup of coffee, rocking chairs and good conversation, or relaxed evenings overlooking the backyard. With plenty of room to create separate dining, lounging, and entertaining areas, this inviting outdoor space feels like a natural extension of the home. Situated on a generous corner lot in Heritage Estates, this home offers the space, warmth, and inviting atmosphere that make it easy to picture yourself right at home.

Investor Tools

$246,501Estimated Mortgage Balance
$402,805Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,417 /month
Positive
Cash Flow Estimate:
$806 /month

Interested in this property?

Bella Jenkins

Mark Spain Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$731/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,758
$402,805
2025
$60,000
$342,805
$402,805
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,758
$402,805

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$273,600
No
First
Mar 5, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,501
$161,499
39%
61%
$1,641/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$1,641/mo
+$779/mo
7.2%

City: Mansfield