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$337,000

NAL Estimated Property Value

1502 Stratford Drive, Mansfield, TX, 76063

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,947 Sq Ft
price_per_sqft$112.99 / sqft
Year BuiltBuilt in 1985

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
AppliancesDishwasher, Disposal, Electric Range, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size7,723 sqft

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APN44980-57-80
Lot Number80
SubdivisionWalnut Creek Valley Addition
Land UseResidential
Legal DescriptionWALNUT CREEK VALLEY ADDITION BLOCK 57 LOT 80
Census Tract111304
Assessed Land Value$55,000
Assessed Improvement Value$275,652
Assessment Year2025

About this property

Darling 3 bedroom, 2 bathroom home walking distance to JL Boren. This gorgeous home is newly renovated with all the bells and whistles. The Seller's have spared no expense in getting this home ready for market. Complete with a new paint, carpet granite countertops in all the wet areas, tile and so much more this home is ready for its new owners! Large living area boasts a lovely wood burning fireplace perfect for getting started right during the holidays! Oversized sunroom has potential to be second living area, playroom, office or flex space. Floorplan is perfect for entertaining! Schedule your showing today!

Investor Tools

Property Icon
$337,000
Estimated Property Value
$183,137Estimated Mortgage Balance
$153,863Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,022 /month
Positive
Cash Flow Estimate:
$674 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$622/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,781
$330,652
2025
$55,000
$275,652
$330,652
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,781
$330,652

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lhm Financial Corp
Unknown
$213,750
No
First
Mar 22, 2019
Apr 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,137
$153,863
45%
54%
$1,282/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$1,282/mo
+$1,138/mo
8.6%

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.

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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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1502 Stratford Drive | Property Details | No Agent List