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$665,000

$684,000

1408 Merion Dr, Mansfield, TX, 76063

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths3,694 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.02 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Water Heater, Microwave, Double Oven
FlooringCeramic Tile, Combination, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size9,257 sqft

Building Information

Year Built1995
Stories2
Garage Spaces3

Land Information

APN44985-7-8
Lot Number8
SubdivisionWalnut Estates
Land UseResidential
Legal DescriptionWALNUT ESTATES BLOCK 7 LOT 8
Census Tract111312
Assessed Land Value$75,000
Assessed Improvement Value$445,000
Assessment Year2025

About this property

Nestled in the highly sought-after Walnut Estates Golf Course Community, this exceptional 4-bedroom, 3-bath home offers refined living, timeless elegance, and resort-style outdoor living. Designed for both grand entertaining and everyday comfort, the flexible floor plan showcases expansive open-concept living spaces, a private study, formal dining room, breakfast area, and a beautifully appointed eat-in kitchen at the heart of the home. A versatile first floor flex room provides endless possibilities as a fitness studio, additional executive office, gaming area or additional living space. Upstairs you will find a retreat like Primary Suite with a gorgeous, newly renovated bathroom with expanded shower and soaking tub, 3 additional bedrooms and renovated Jack and Jill bathroom along with large game room and utility room. Step outside and discover your own private oasis. The sparkling pool is complemented by an expansive covered outdoor living area designed for year-round entertaining with detached Hot Tub. The reinforced patio concrete is ready for the custom outdoor kitchen of your dreams. An oversized 3-car garage with rear alley access provides both privacy and curb appeal, while additional front driveway parking offers convenience for family and guests and a built in basketball goal as an added bonus. Combining luxurious updates, flexible living spaces, and exceptional indoor-outdoor living, this remarkable Walnut Estates home presents a rare opportunity to enjoy elevated living in one Mansfield's most desirable neighborhoods.

Investor Tools

$291,470Estimated Mortgage Balance
$422,118Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,278 /month
Positive
Cash Flow Estimate:
$1,426 /month

Interested in this property?

Susan Mills

One West Real Estate Co. LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,063/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,188
$520,000
2025
$75,000
$445,000
$520,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,188
$520,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Fha
$26,666
Yes
First
Jul 26, 2012
Aug 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,470
$371,530
56%
41%
$1,959/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,000/mo
$1,959/mo
+$1,041/mo
5.0%

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.

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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1408 Merion Dr | Property Details | No Agent List