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$401,000

NAL Estimated Property Value

1303 Fairfax Drive, Mansfield, TX, 76063

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,200 Sq Ft
price_per_sqft$177.27 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size8,786 sqft

Building Information

Year Built1989
Stories1
Garage Spaces2

Land Information

APN44980-39-2
Lot Number2
SubdivisionWalnut Creek Valley Addition
Land UseResidential
Legal DescriptionWALNUT CREEK VALLEY ADDITION BLOCK 39 LOT 2
Census Tract111304
Assessed Land Value$60,000
Assessed Improvement Value$317,011
Assessment Year2025

About this property

Gorgeous immaculately kept 4 bedroom 2.5 bath home features two living areas & two dining areas making it perfect for entertaining. Natural light radiates throughout. Beautiful wood-look & tile flooring greets you & is in all high traffic areas. Living areas share a cozy wood-burning fireplace. Split master retreat has a sitting area & large en-suite bath with separate tub, shower, & dual vanities. Large guest bedrooms located across the home. Kitchen & dining has easy access to both living areas. Lush front & oversized back yard with gated drive that leads to the rear entry garage. Roof is new in the last year & also has gutters. This home is nestled in the desirable Walnut Creek addition, & you can ride your golf cart to Walnut Creek Country Club that is just minutes away. Home feeds into Mansfield High & has convenient access to 287 & 360, retail, restaurants, & more!

Investor Tools

Property Icon
$401,000
Estimated Property Value
$402,957Estimated Mortgage Balance
$401,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,406 /month
Positive
Cash Flow Estimate:
$802 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$730/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,753
$377,011
2025
$60,000
$317,011
$377,011
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,753
$377,011

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$386,863
Yes
First
Jun 30, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$402,957
N/A
0%
100%
$2,597/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$2,597/mo
$-177/mo
7.2%

City: Mansfield

1303 Fairfax Drive | Property Details | No Agent List