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$404,000

NAL Estimated Property Value

2 Mary Lou Ct, Mansfield, TX, 76063

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths3 Bath
Baths2,643 Sq Ft
price_per_sqft$1.04 / sqft
Year BuiltBuilt in 2001

Highlights

Interior

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

Exterior

Lot Size7,553 sqft

Building Information

Year Built2001
Stories1
Garage Spaces2

Land Information

APN17793-13-2
Lot Number2
SubdivisionHeritage Estates Addition-Mnfd
Land UseResidential
Legal DescriptionHERITAGE ESTATES ADDITION-MNFD BLOCK 13 LOT 2
Census Tract111311
Assessed Land Value$60,000
Assessed Improvement Value$305,000
Assessment Year2025

About this property

Welcome to 2 Mary Lou Court, a stunning home nestled in the highly sought-after Mansfield Independent School District. This spacious residence offers a perfect blend of comfort, style, and functionality. With 4 bedrooms, 2 baths, and a study, this home is ideal for families seeking a delightful living experience. The heart of the home lies in the beautifully kitchen, which features appliances, ample cabinetry, and a generous center island. The master bedroom is a serene retreat, offering a peaceful haven at the end of the day. Complete with an en-suite bathroom, it provides a relaxing oasis with a soaking tub, a separate shower, and a dual sink vanity. The three additional bedrooms are well-proportioned, providing comfortable spaces for rest and relaxation. The study is perfect for those who work from home or desire a dedicated space for reading and studying. No pets allowed, home will be ready for move in at the end of July. Contact listing agent for more information.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$712/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,520
$365,000
2025
$60,000
$305,000
$365,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,520
$365,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Inc
Conventional
$207,805
No
First
Jun 26, 2020
Jul 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,866
$220,134
54%
46%
$1,246/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,000/mo
$1,246/mo
+$1,754/mo
8.9%

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.

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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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2 Mary Lou Ct | Property Details | No Agent List