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$404,000

NAL Estimated Property Value

2 Arabian Ct, Mansfield, TX, 76063

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,011 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$216.31 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Exterior FeaturesRain Gutters
Lot Size8,228 sqft

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APN12753G-3-17
Lot Number17
SubdivisionEnchanted Acres Estate
Land UseResidential
Legal DescriptionENCHANTED ACRES ESTATE BLOCK 3 LOT 17
Census Tract111311
Assessed Land Value$80,000
Assessed Improvement Value$314,657
Assessment Year2025

About this property

RARE FIND! Home backs to park like setting, 16 SEER HVAC, New 30 yr roof 2023, gutters w-leaf guard & exterior paint. Nestled on a quiet cul-de-sac with panoramic view of a lovely forest from living room, kitchen, and breakfast area. Extensive improvements in recent years. Honeywell Wi-Fi thermostat 2020. New SS dishwasher 2024, interior walls & Kitchen cabinetry painted in 2020. Water heater, 3-4 HP disposal & toilets replaced in 2020. High quality carpet & pad added in 2020. LED cans added in kitchen. Kohler brand under-counter water filtration system installed to kitchen sink & master sink. Kohler master shower head with in-line filtration system 2020. Deck stained in 2022. ADT security system installed 2023. Anderson Low E dual pane with argon story door 2023. Hunter Douglas ceiling fans, 2 with remotes. House is all gas, 2 new solar powered attic roof vents 2024. Exclusions are secondary bedroom rod and drapes and RainSoft Water System. Superb Condition.

Investor Tools

Property Icon
$404,000
Estimated Property Value
$337,648Estimated Mortgage Balance
$66,352Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,610 /month
Positive
Cash Flow Estimate:
$870 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$586/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,015
$394,657
2025
$80,000
$314,657
$394,657
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,015
$394,657

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$348,000
No
First
Sep 16, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$337,648
$66,352
16%
84%
$2,087/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,000/mo
$2,087/mo
+$913/mo
8.9%

City: Mansfield

2 Arabian Ct | Property Details | No Agent List