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$399,595

NAL Estimated Property Value

1012 Springfield Street, Mansfield, TX, 76063

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,870 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.16 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker

Exterior

Exterior FeaturesRain Gutters
Lot Size8,808 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN44980-5-7
Lot Number7
SubdivisionWalnut Creek Valley Addition
Land UseResidential
Legal DescriptionWALNUT CREEK VALLEY ADDITION BLOCK 5 LOT 7
Census Tract111304
Assessed Land Value$55,000
Assessed Improvement Value$344,595
Assessment Year2025

About this property

This home has been well cared for and thoughtfully updated throughout the years. You will appreciate the fresh paint (no popcorn texture on ceilings), luxury vinyl plank flooring (no carpet), beautiful newer windows, new master vanity and master shower, cute sitting area off master bedroom, see through fireplace, driveway redone and widened in 2017. Additionally you can enjoy the large backyard during the upcoming spring season. Home is zoned for desirable JL Boren and is walking distance to Asa Low and Wester. Owner is Agent. Multiple offers. Please submit Highest and Best before noon Sunday the 5th.

Investor Tools

Property Icon
$399,595
Estimated Property Value
$213,187Estimated Mortgage Balance
$186,408Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,398 /month
Positive
Cash Flow Estimate:
$799 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$654/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,853
$399,595
2025
$55,000
$344,595
$399,595
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,853
$399,595

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Conventional
$200,800
No
First
Jan 30, 2020
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,187
$186,408
46%
53%
$1,460/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$1,460/mo
+$960/mo
7.3%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Mansfield

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1012 Springfield Street | Property Details | No Agent List