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$280,000

NAL Estimated Property Value

1506 Stratford Dr, Mansfield, TX, 76063

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,534 Sq Ft
price_per_sqft$1.53 / sqft
Year BuiltBuilt in 1985

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Microwave, Refrigerator

Exterior

Lot Size9,008 sqft

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APN44980-57-78
Lot Number78
SubdivisionWalnut Creek Valley Addition
Land UseResidential
Legal DescriptionWALNUT CREEK VALLEY ADDITION BLOCK 57 LOT 78
Census Tract111304
Assessed Land Value$55,000
Assessed Improvement Value$164,000
Assessment Year2025

About this property

Welcome to this well-maintained 3-bedroom, 2-bath home for lease in the heart of Mansfield. Located in a quiet, established neighborhood, this spacious single-story home offers a functional layout filled with natural light and neutral finishes throughout. The open living and dining areas flow into a bright kitchen featuring granite countertops, stainless steel appliances, and ample cabinet storage. The primary suite features an ensuite bath with dual sinks and a walk-in closet. Two additional bedrooms are comfortably sized and share a full bath. The large fenced backyard offers plenty of space to enjoy outdoor living and entertaining. Additional highlights include a 2-car garage and full-size washer and dryer connections. Conveniently located near parks, shopping, dining, and major highways. Zoned to top-rated schools in Mansfield ISD. All applicants must complete a standard rental application and provide a copy of a valid government-issued ID. Income verification is required in the form of at least three (3) most recent pay stubs or two (2) months of bank statements for self-employed individuals. An application fee is required for all occupants age 18 and older. Combined gross monthly income must be at least three (3) times the monthly rent to qualify. Income and credit requirements apply. Schedule your private tour today!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$437/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,840
$219,000
2025
$55,000
$164,000
$219,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,840
$219,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$212,170
No
First
Sep 2, 2021
Sep 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,384
$86,616
30%
69%
$1,273/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$1,273/mo
+$1,147/mo
10.4%

City: Mansfield

1506 Stratford Dr | Property Details | No Agent List