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$526,000

NAL Estimated Property Value

1040 Chesapeake Dr, Mansfield, TX, 76063

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,842 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.17 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size13,504 sqft

Building Information

Year Built2002
Stories2
Garage Spaces2

Land Information

APN44049F-4-7
Lot Number7
SubdivisionTwin Creeks Addn (Mansfield)
Land UseResidential
Legal DescriptionTWIN CREEKS ADDN (MANSFIELD) BLOCK 4 LOT 7
Census Tract111306
Assessed Land Value$85,000
Assessed Improvement Value$432,088
Assessment Year2025

About this property

Breathtaking is the word! Prepare to be amazed by the fabulous 4 bedroom, 2.5 bathroom home, located at 1040 Chesapeake Drive. You're sure to fall in love with the amazing floor plan and magnificent backyard. Location + Charm + Value...this one checks all of the boxes and is ready for you to pack your bags and move right in. It's easy to imagine creating memories as you spend time in the dream kitchen that opens to the massive living room, featuring soaring ceilings and views of the outdoor living space. The 4th bedroom is tucked away upstairs and could be used as a flex space if you're looking for a game room or a man cave. You need an office as well? I got you boo...there's one of those downstairs too.

Investor Tools

Property Icon
$526,000
Estimated Property Value
$104,127Estimated Mortgage Balance
$421,873Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,294 /month
Positive
Cash Flow Estimate:
$1,098 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,199/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,760
$517,088
2025
$85,000
$432,088
$517,088
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,760
$517,088

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Keypoint Cu
Conventional
$110,000
No
First
Jun 30, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$104,127
$421,873
80%
20%
$660/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,000/mo
$910/mo
+$2,090/mo
6.8%

City: Mansfield

1040 Chesapeake Dr | Property Details | No Agent List