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$303,000

NAL Estimated Property Value

1511 Brook Forest Dr, Mansfield, TX, 76063

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,560 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$205.13 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size6,225 sqft

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APN44980-57-28
Lot Number28
SubdivisionWalnut Creek Valley Addition
Land UseResidential
Legal DescriptionWALNUT CREEK VALLEY ADDITION BLOCK 57 LOT 28
Census Tract111304
Assessed Land Value$55,000
Assessed Improvement Value$226,636
Assessment Year2025

About this property

Rare opportunity in Mansfield Garden Homes! Ideally located just off Country Club Drive, this beautifully maintained home is within walking distance to J.L. Boren Elementary and Walnut Creek Country Club. Featuring 3 bedrooms, 2 bathrooms, and a 2-car garage, the thoughtfully designed split-bedroom floor plan offers a spacious primary suite for added privacy. Enjoy the sunroom overlooking a generously sized backyard—perfect for relaxing or entertaining. Recent updates include a brand-new roof and fresh interior paint. Homes in this sought-after community are seldom available—don’t miss your chance to see this incredible opportunity!

Investor Tools

Property Icon
$303,000
Estimated Property Value
$273,310Estimated Mortgage Balance
$29,690Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$243/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,402
$281,636
2025
$55,000
$226,636
$281,636
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,402
$281,636

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Angel Oak Mortgage Solutions Llc
Unknown
$274,500
No
First
Feb 23, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,310
$29,690
9%
90%
$1,646/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$1,646/mo
+$774/mo
9.6%

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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1511 Brook Forest Dr | Property Details | No Agent List