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$347,397

NAL Estimated Property Value

1724 Hope Town Drive, Mansfield, TX, 76063

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,894 Sq Ft
price_per_sqft$173.97 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesAwning(s), Rain Gutters, Lighting, Private Yard
Lot Size7,261 sqft

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APN8497M-14-26
Lot Number26
SubdivisionCountry Meadows Addn Sec 3 - 7
Land UseResidential
Legal DescriptionCOUNTRY MEADOWS ADDN SEC 3 - 7 BLOCK 14 LOT 26
Census Tract111318
Assessed Land Value$50,000
Assessed Improvement Value$297,397
Assessment Year2025

About this property

Great Opportunity in Mansfield on a Corner Lot! $10,000 paint allowance with acceptable offer. This 4-bedroom, 2-bath home offering nearly 1,900 square feet sits on a desirable corner lot in an established Mansfield neighborhood and features a spacious layout with plenty of potential. Inside you'll find generous bedroom sizes, a large living area with fireplace, and a functional split-bedroom floor plan that provides privacy for the primary suite. The kitchen opens to the dining and living areas, creating a comfortable space for everyday living or entertaining. Step outside to enjoy the covered backyard deck and spacious yard, perfect for relaxing, grilling, or hosting gatherings with friends and family. To help the next owner make the home their own, the seller is offering a $10,000 paint allowance, giving buyers the flexibility to update the interior to their personal style. With solid bones, a great layout, and room to add value, this home is ideal for first-time buyers, investors, or anyone looking for a great opportunity in Mansfield. Conveniently located near shopping, dining, schools, and major commuter routes. Bring your vision and make this home your own!

Investor Tools

Property Icon
$347,397
Estimated Property Value
$74,175Estimated Mortgage Balance
$273,222Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,084 /month
Positive
Cash Flow Estimate:
$695 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$256/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,335
$347,397
2025
$50,000
$297,397
$347,397
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,335
$347,397

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eecu
Unknown
$106,186
No
First
Feb 21, 2013
Mar 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$74,175
$273,222
78%
21%
$637/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$637/mo
+$1,783/mo
8.4%

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.

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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1724 Hope Town Drive | Property Details | No Agent List