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$1,100,000

1380 N US Hwy 287 Highway 101, Mansfield, TX, 76063

On MarketInfo
CommercialInfo
Beds Beds
Baths Bath
Baths2,483 Sq Ft
OfficeOffice
Year BuiltBuilt in 2004

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringCombination

Building Information

Year Built2004

Land Information

APN44964C---------101
SubdivisionWalnut Commons Condo
Land UseCondo-Office
Legal DescriptionWALNUT COMMONS CONDOMINIUMS UNIT 101 & 24.69% COMMON AREA
Census Tract111304
Assessed Land Value$214,662
Assessed Improvement Value$470,352
Assessment Year2025

About this property

On the frontage rd off Highway 287 in Mansfield, this 2,483 sq ft office space Unit 101 offers a functional and versatile layout within a four-unit office condominium. The space features a welcoming front desk reception area, a kitchen, several private office spaces, and a large common area, currently configured with a golf simulator. Ideal for professional, medical, or creative use, the property provides convenient access, flexibility, and a well-designed footprint suitable for a variety of business needs. Current owner will need a leaseback as they are currently building their new office. Unit is also available for lease.

Investor Tools

$667,755Estimated Mortgage Balance
$17,259Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

Interested in this property?

Ben Christopherson

Dynamic Real Estate Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$285/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$685,014
2025
$214,662
$470,352
$685,014
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$685,014

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pinnacle Bank
Commercial
$641,371
No
First
Jun 11, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$667,755
$17,259
2%
97%
$4,146/mo

City: Mansfield

1380 N US Hwy 287 Highway 101 | Property Details | No Agent List