$395,000
NAL Estimated Property Value2014 Melissa Diane St, Mansfield, TX, 76063
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Vented Exhaust Fan, Other
FlooringCarpet, Ceramic Tile, Laminate
Exterior
Exterior FeaturesRain Gutters
Lot Size7,863 sqft
Building Information
Year Built1995
Stories1
Garage Spaces2
Land Information
APN17793-17-13
Lot Number13
SubdivisionHeritage Estates Addition-Mnfd
Land UseResidential
Legal DescriptionHERITAGE ESTATES ADDITION-MNFD BLOCK 17 LOT 13
Census Tract111311
Assessed Land Value$60,000
Assessed Improvement Value$329,342
Assessment Year2025
About this property
SELLER OFFERING $5000 towards buyer closing costs (use to buy down interest rate, closing costs or kitchen remodel) Come tour this beautifully updated 3 bedroom, 2 bath home located in Mansfield. This home is great for entertaining and spreading out with multiple living areas. The third living area can also be utilized as a game, media room, or office. Located close to highway I20 and 360 for easy access to shopping, dining, and entertainment!
Investor Tools
$395,000
Estimated Property Value
$388,414Estimated Mortgage Balance
$6,586Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,397 /month
Positive
Cash Flow Estimate:
$799 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$749/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,012
$389,342
2025
$60,000
$329,342
$389,342
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,012
$389,342
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Click N Close Inc
Fha
$392,262
Yes
First
Sep 25, 2023
Oct 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$388,414
$6,586
1%
98%
$2,448/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$2,448/mo
$-28/mo
7.4%
