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$312,000

NAL Estimated Property Value

1216 Chapel Hill Dr, Mansfield, TX, 76063

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,600 Sq Ft
price_per_sqft$200 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Lot Size7,675 sqft

Building Information

Year Built1992
Stories1
Garage Spaces2

Land Information

APN44964-3-14
Lot Number14
SubdivisionWalnut Creek Connection Addn
Land UseResidential
Legal DescriptionWALNUT CREEK CONNECTION ADDN BLOCK 3 LOT 14
Census Tract111304
Assessed Land Value$55,000
Assessed Improvement Value$220,626
Assessment Year2025

About this property

Welcome home to this charming move in ready 3 bed, 2 bath gem in Mansfield's Walnut Creek neighborhood, near the prestigious golf course. Enjoy community charm and convenience in this home featuring cozy fireplaces, formal dining, and an updated kitchen with stainless steal appliances and a breakfast bar. The primary suite, with its own fireplace, luxurious bath, and walk-in closet, is part of a split bedroom arrangement offering privacy. Secondary bedrooms are spacious with large closets. Outside, a spacious yard with a storage building awaits your vision of a backyard oasis. Top-rated school district—this is your chance to love where you live!

Investor Tools

Property Icon
$312,000
Estimated Property Value
$326,350Estimated 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
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$652/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,268
$275,626
2025
$55,000
$220,626
$275,626
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,268
$275,626

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$321,077
Yes
First
Jul 24, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$326,350
N/A
0%
105%
$2,025/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$2,025/mo
+$395/mo
9.3%

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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