Last 24 Hours
$539,000
NAL Estimated Property Value1816 Clear Summit Lane, Mansfield, TX, 76063
Off Market
4 Beds
3 Bath
3,223 Sq Ft
Single Family Residence
$131.86 / sqft
Built in 2005Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
Bedrooms 4
Bathrooms Full 3
Garage Available
Heating Central
CoolingAppliancesDishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile
Exterior
Exterior FeaturesRain Gutters
Lot Size12,057 sqft
Building Information
Year Built2005
Stories2
Garage Spaces3
Land Information
APN34264B-3-21
Lot Number21
SubdivisionRidge Trace - Mansfield
Land UseResidential
Legal DescriptionRIDGE TRACE - MANSFIELD BLOCK 3 LOT 21
Census Tract111311
Assessed Land Value$80,000
Assessed Improvement Value$409,205
Assessment Year2025
About this property
Mansfield's best kept secret neighborhood tucked away just off N Holland Dr. This great 1 owner 2 story home has so much to offer! This home dawns a 4 bedroom 3 bath with a study and a game room and a covered patio that has plenty of room to grill. In addition, there is a balcony where you can escape to read a book or sip your morning coffee. Beautiful kitchen that overlooks into the living room so you don't miss a thing. Also has a 3 car garage for those with extra drivers in the house or someone wanting a workshop in the garage. Ring doorbell and My Cue garage features stay! Don't miss this one...come take a look for yourself! MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST BY SATURDAY, MAY 1 AT 8:00 PM.
Investor Tools
$539,000
Estimated Property Value
$325,612Estimated Mortgage Balance
$213,388Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,234 /month
Positive
Cash Flow Estimate:
$1,078 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$983/month
$85/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,106
$489,205
2025
$80,000
$409,205
$489,205
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,106
$489,205
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guardian Mortgage Co Inc
Conventional
$360,000
No
First
May 27, 2021
Jun 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$325,612
$213,388
39%
60%
$2,159/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,000/mo
$2,244/mo
+$756/mo
6.7%
12.4%