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$611,000

NAL Estimated Property Value

1511 Cannon Gate Dr, Mansfield, TX, 76063

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,164 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.79 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size11,696 sqft

Building Information

Year Built1996
Stories1
Garage Spaces3

Land Information

APN13562-1-4
Lot Number4
SubdivisionFairways Of Walnut Creek, The
Land UseResidential Single Family
Legal DescriptionFAIRWAYS OF WALNUT CREEK, THE BLOCK 1 LOT 4
Census Tract111312
Assessed Land Value$120,000
Assessed Improvement Value$490,375
Assessment Year2023

About this property

Multiple Offers - You will love entering this amazing home. The elegant designer touches and meticulous maintenance make it even more appealing. The custom wrought iron doors and neutral custom tiles on the main floors set the tone for a luxurious and versatile living space. The kitchen is a chef's dream with its spacious center island, breakfast bar, and ample storage, making it an ideal place for cooking and entertaining. It is open to the Great Room and allows for a seamless flow of space and natural light. The Great Room's large picture windows overlooking the manicured backyard and pool create a stunning view. The vaulted ceilings in the game room, along with the custom wrought iron doors leading to a courtyard, provide an excellent setting for relaxation and entertainment. The owner's suite is a true retreat with a sitting area and beautiful bathroom, offering a private and comfortable space. Additionally, there is a 3 car side entrance garage. Click on the virtual tour link.

Investor Tools

Property Icon
$611,000
Estimated Property Value
$0Estimated Mortgage Balance
$611,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,666 /month
Positive
Cash Flow Estimate:
$1,222 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,123/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,423
$610,375
2023
$120,000
$490,375
$610,375
No

Tax History

Year
Tax Paid
Assessed Value
2023
$10,423
$610,375

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$611,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,000/mo
N/A
+$3,000/mo
5.9%

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 Cannon Gate Dr | Property Details | No Agent List