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$613,000

NAL Estimated Property Value

1041 Chesapeake Dr, Mansfield, TX, 76063

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,313 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.75 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Hardwood, Tile

Exterior

Exterior FeaturesAwning(s), Rain Gutters
Lot Size16,984 sqft

Building Information

Year Built2003
Stories2
Garage Spaces3

Land Information

APN44049F-5-1
Lot Number1
SubdivisionTwin Creeks Addn (Mansfield)
Land UseResidential
Legal DescriptionTWIN CREEKS ADDN (MANSFIELD) BLOCK 5 LOT 1
Census Tract111306
Assessed Land Value$85,000
Assessed Improvement Value$467,000
Assessment Year2025

About this property

Welcome to 1041 Chesapeake, where luxury meets comfort in this gorgeous 4-bedroom, 3.5-bath home on a spacious corner lot with picturesque park views. From the moment you step inside, you’ll notice the rich wood flooring that flows through the dining room, study, hallway, living room, and master bedroom, adding warmth and elegance to the home. The gourmet kitchen is a showstopper, featuring granite countertops, stainless steel appliances, a large island, and custom cabinetry—perfect for cooking, entertaining, or simply enjoying your morning coffee. The main floor offers a thoughtfully designed layout with a master suite, two additional bedrooms sharing a full bath, a family room, a formal dining room, and a private study for work or relaxation. Head upstairs to find even more space with a second living area, an additional bedroom, a full bath, and a cozy nook that’s ideal for a home gym, reading area, or craft space. The layout is perfect for families or multi-generational living. Outside, the covered flagstone patio providing the ultimate spot to unwind while enjoying the scenic views of the greenbelt, mature trees, and the community park with its charming twin creeks. Recent upgrades include replaced windows in 2019 and a brand-new HVAC system installed in 2024. The 3-car garage adds even more convenience. This home is the perfect blend of elegance, functionality, and modern living, offering a peaceful retreat in a stunning setting.

Investor Tools

Property Icon
$613,000
Estimated Property Value
$468,648Estimated Mortgage Balance
$144,352Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,732 /month
Positive
Cash Flow Estimate:
$1,244 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,132/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,521
$552,000
2025
$85,000
$467,000
$552,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,521
$552,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Pacific Mortgage Corp
Unknown
$479,250
No
First
Feb 12, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$468,648
$144,352
23%
76%
$2,874/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,000/mo
$3,124/mo
$-124/mo
5.9%

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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1041 Chesapeake Dr | Property Details | No Agent List