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$627,000

NAL Estimated Property Value

1517 Cannon Gate Drive, Mansfield, TX, 76063

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,020 Sq Ft
price_per_sqft$157.25 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size18,631 sqft

Building Information

Year Built1998
Stories1
Garage Spaces2

Land Information

APN13562-1-1
Lot Number1
SubdivisionFairways Of Walnut Creek, The
Land UseResidential
Legal DescriptionFAIRWAYS OF WALNUT CREEK, THE BLOCK 1 LOT 1
Census Tract111312
Assessed Land Value$114,000
Assessed Improvement Value$460,821
Assessment Year2025

About this property

As you walk through the front door your eyes gaze through the living room windows and see sunlight filtering through the green leaves of the majestic trees, surrounded by a beautiful park like setting. The backyard also features a pergola with a water feature. The home is updated with travertine tile throughout the living areas. The kitchen is a chef's dream with newer appliances and beautiful granite countertops. The home has been meticulously maintained, the large HVAC system was replaced in 2019, new roof in 2020. The open floor plan is perfect for entertaining. The bedrooms are split with the master being located at the back corner of the home. MULTIPLE OFFERS - All offers due May 17, 2021 by 5:00pm.

Investor Tools

Property Icon
$627,000
Estimated Property Value
$483,510Estimated Mortgage Balance
$143,490Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,762 /month
Positive
Cash Flow Estimate:
$1,254 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$261/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$574,821
2025
$114,000
$460,821
$574,821
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$574,821

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Bank
Va
$533,540
Yes
First
Jun 23, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$483,510
$143,490
22%
77%
$3,199/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,000/mo
$3,299/mo
$-299/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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1517 Cannon Gate Drive | Property Details | No Agent List