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$357,000

NAL Estimated Property Value

1106 Palm St, Mansfield, TX, 76063

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,063 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.38 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size15,612 sqft

Building Information

Year Built1974
Stories1
Garage Spaces2

Land Information

APN18340-42-16R
Lot Number16R
SubdivisionHillcrest Addition - Mansfield
Land UseResidential
Legal DescriptionHILLCREST ADDITION - MANSFIELD BLOCK 42 LOT 16R
Census Tract111308
Assessed Land Value$71,680
Assessed Improvement Value$224,514
Assessment Year2025

About this property

This one story ranch style home, situated on a spacious one third acre, treed corner lot in a well established neighborhood in the heart of Mansfield features 4 bedroom, 2 bathrooms, and 2 versatile living areas, this home is perfect for families or those who love to entertain. The climate controlled garage features a wood paneled ceiling, screen doors on both garage doors to assist keeping bugs-mosquitos out while enjoying the outdoors creating the perfect space to relax on warm Texas evenings. The current homeowners use this as their media-extra living space. Outdoor enthusiasts and hobbyists will love the 16x32 metal shop, complete with a concrete slab and hardwired 220V electricity (no outlet), making it ideal for a man cave, she shed, or workshop. Additionally, the backyard includes a 220V hardwire (no outlet) from a previous hot tub, providing a great opportunity for future outdoor projects or entertaining spaces. Convenience is key, as this home is just minutes away from the brand new HEB grocery store, keeping you close to shopping, dining, and other local amenities.

Investor Tools

Property Icon
$357,000
Estimated Property Value
$471,548Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,208 /month
Positive
Cash Flow Estimate:
$736 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$240/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,090
$296,194
2025
$71,680
$224,514
$296,194
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,090
$296,194

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eecu
Unknown
$240,000
No
First
May 28, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$471,548
N/A
0%
132%
$2,878/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,000/mo
$2,878/mo
+$122/mo
10.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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1106 Palm St | Property Details | No Agent List