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$220,000

1605 Crestmeadow Lane, Mansfield, TX, 76063

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,629 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.05 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size7,475 sqft

Building Information

Year Built1997
Stories1
Garage Spaces2

Land Information

APN44964-8-20
Lot Number20
SubdivisionWalnut Creek Connection Addn
Land UseResidential
Legal DescriptionWALNUT CREEK CONNECTION ADDN BLOCK 8 LOT 20
Census Tract111304
Assessed Land Value$55,000
Assessed Improvement Value$248,921
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED! DEADLINE NOON FRI. Super cute 3-2-2 home with open floor plan & great back yard. Amazing find in Mansfield! Home boasts several fabulous updates: 1) $18,000 in high efficiency Simonton windows throughout! 2) $7,600 for a whole house, RaiSoft water filtration system! 3) Tall privacy fence replaced, and 3) New Roof going on soon! Home may need a little touchup, but it is priced to sell! Great value such a great school district! Pictures do not do this super cute home justice, so be sure to check out the 3D Matterport virtual walkthrough (movie reel icon or tour link). You can look up at the ceilings, down at the floors, and move through the home as if you are actually there! Hurry!

Investor Tools

Property Icon
$311,000
Estimated Property Value
$0Estimated Mortgage Balance
$11,223Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,866 /month
Positive
Cash Flow Estimate:
$622 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$565/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,221
$303,921
2025
$55,000
$248,921
$303,921
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,221
$303,921

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$269,000
No
First
Jul 14, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,777
$11,223
3%
96%
$1,985/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$1,985/mo
+$435/mo
9.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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.

Explore Texas Explore This Area
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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1605 Crestmeadow Lane | Property Details | No Agent List