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$401,000

NAL Estimated Property Value

1607 Monte Carlo Dr, Mansfield, TX, 76063

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,312 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.15 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop

Exterior

Lot Size6,839 sqft

Building Information

Year Built2004
Stories1
Garage Spaces2

Land Information

APN2181-3-8
Lot Number8
SubdivisionBelle Meade Addition
Land UseResidential
Legal DescriptionBELLE MEADE ADDITION BLOCK 3 LOT 8
Census Tract111306
Assessed Land Value$70,000
Assessed Improvement Value$280,000
Assessment Year2025

About this property

This is a beautiful 4 bedroom 2 bathroom home located in a charming community. Designed for comfort and style. This home has an open concept layout with a large living area perfect for entertaining. The home features durable tile floors throughout and provides a versatile backdrop to suit any decor.The backyard is fenced with an open patio, ideal for outdoor dining, gardening or play.The home also includes a two car garage for secure parking and additional storage. Don't miss the chance to lease this well maintained home!

Investor Tools

Property Icon
$401,000
Estimated Property Value
$166,588Estimated Mortgage Balance
$234,412Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,406 /month
Positive
Cash Flow Estimate:
$802 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$830/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,960
$350,000
2025
$70,000
$280,000
$350,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,960
$350,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$186,750
No
First
Oct 23, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,588
$234,412
58%
42%
$1,120/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,000/mo
$1,120/mo
+$1,880/mo
9.0%

City: Mansfield

1607 Monte Carlo Dr | Property Details | No Agent List