$253,000
NAL Estimated Property Value1405 Crest Dr, Mansfield, TX, 76063
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDisposal, Electric Range
FlooringCeramic Tile
Exterior
Exterior FeaturesStorage
Lot Size4,826 sqft
Building Information
Year Built1989
Stories1
Garage Spaces1
Land Information
APN6343-2-9
Lot Number9
SubdivisionCardinal Oaks
Land UseResidential
Legal DescriptionCARDINAL OAKS BLOCK 2 LOT 9
Census Tract111306
Assessed Land Value$40,000
Assessed Improvement Value$183,084
Assessment Year2025
About this property
Adorable and straight forward with no wasted space. This cute place is ready for you! Open floor plan has plenty of natural light and high ceilings that feels much bigger than the square footage indicates. Split floorplan adds a bit of privacy. Large backyard includes wrought iron gate for back yard storage, as well as a large shed with electricity. Wood looking tile throughout provides a rich look with ease of care. Walking distance to Legacy HS, biking distance to downtown and various trails.
Investor Tools
$253,000
Estimated Property Value
$227,779Estimated Mortgage Balance
$25,221Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$528/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,073
$223,084
2025
$40,000
$183,084
$223,084
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,073
$223,084
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neighborhood Loans
Fha
$228,779
Yes
First
Jul 13, 2023
Aug 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,779
$25,221
9%
90%
$1,441/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$1,441/mo
+$979/mo
11.5%
