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$378,000

NAL Estimated Property Value

1502 Highland Drive, Mansfield, TX, 76063

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,054 Sq Ft
price_per_sqft$163.1 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size8,908 sqft

Building Information

Year Built1994
Stories1
Garage Spaces2

Land Information

APN44980-35-10
Lot Number10
SubdivisionWalnut Creek Valley Addition
Land UseResidential
Legal DescriptionWALNUT CREEK VALLEY ADDITION BLOCK 35 LOT 10
Census Tract111304
Assessed Land Value$60,000
Assessed Improvement Value$246,405
Assessment Year2025

About this property

GORGEOUS CUSTOM-BUILT HOME - COMPLETELY UPDATED! HIGH END FINISH OUT with Handscraped Hardwood Floors throughout, upgraded kitchen with sparkling granite and designer backsplash, stainless appliances, wine fridge in the butler's pantry, updated light fixtures and hardware. Redesigned master bath with stand alone tub, gorgeous separate shower with multi sprayers. The large covered patio is enclosed to make a sunroom - great extra FLEX space. Converted formal dining to study. Large main living room with built-ins and stone accents on a see-through fireplace to Dining Room. Loads of crown molding all freshly painted. Elegant and timeless traditional home!

Investor Tools

Property Icon
$378,000
Estimated Property Value
$307,348Estimated Mortgage Balance
$70,652Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,268 /month
Positive
Cash Flow Estimate:
$756 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$714/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,674
$306,405
2025
$60,000
$246,405
$306,405
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,674
$306,405

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$339,150
No
First
Jun 14, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$307,348
$70,652
18%
81%
$2,034/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$2,034/mo
+$386/mo
7.7%

City: Mansfield

1502 Highland Drive | Property Details | No Agent List