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$630,000

1506 Wild Indigo Drive, Mansfield, TX, 76063

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,158 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.45 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,187 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN126.4106.12040
Lot Number4
SubdivisionM3 Ranch Ph 1a & 1b
Land UseResidential
Legal DescriptionLOT 4 BLK 12 M3 RANCH PH 1A & 1B
Census Tract130419
Assessed Land Value$115,000
Assessed Improvement Value$464,341
Assessment Year2025

About this property

Beautiful 2-story brick home with 4 bedrooms, 3.5 baths, study, game room, media room and covered front porch. This home features soaring ceilings, wood floors, fireplace and large gourmet kitchen with double oven, custom shaker cabinets and quartz countertops! The main bathroom is spacious with a drop-in tub, separate shower, and split vanities.

Investor Tools

Property Icon
$630,000
Estimated Property Value
$0Estimated Mortgage Balance
$113,816Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,780 /month
Positive
Cash Flow Estimate:
$1,260 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$436/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,086
$579,341
2025
$115,000
$464,341
$579,341
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,086
$579,341

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$551,000
No
First
Dec 20, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$516,184
$113,816
18%
82%
$3,304/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,000/mo
$4,004/mo
$-1,004/mo
5.7%

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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1506 Wild Indigo Drive | Property Details | No Agent List