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$410,000

NAL Estimated Property Value

2205 Richmond Circle, Mansfield, TX, 76063

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,462 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.01 / sqft
Year BuiltBuilt in 1998

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, Gas Range, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,536 sqft

Building Information

Year Built1998
Stories2
Garage Spaces2

Land Information

APN17793-10-49
Lot Number49
SubdivisionHeritage Estates Addition-Mnfd
Land UseResidential
Legal DescriptionHERITAGE ESTATES ADDITION-MNFD BLOCK 10 LOT 49
Census Tract111311
Assessed Land Value$60,000
Assessed Improvement Value$349,165
Assessment Year2025

About this property

Multiple offers received. Highest best by. Noon 14th $45,000 in recent upgrades & improvements in this gorgeous open floor plan which is conveniently located. Home features 4 bedrooms, 2 & a half bathrooms, 2 living areas, a study & a formal dining room which can be used as a flex space. Kitchen features gorgeous granite countertops, subway tile backsplash, gas range with double ovens, stainless steel dishwasher & microwave, & a huge pantry. Spacious family room has built'ins, a gas started fireplace with logs & is open to the kitchen & breakfast nook. 1st floor owners retreat has dual sinks, a soaking tub, & a remodeled walk-in shower. Other bedrooms located up with a large gameroom.

Investor Tools

Property Icon
$410,000
Estimated Property Value
$290,436Estimated Mortgage Balance
$119,564Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,460 /month
Positive
Cash Flow Estimate:
$820 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$782/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,335
$409,165
2025
$60,000
$349,165
$409,165
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,335
$409,165

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primary Residential Mortgage Inc
Conventional
$323,000
No
First
Feb 23, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,436
$119,564
29%
71%
$1,937/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,000/mo
$1,937/mo
+$1,063/mo
8.8%

City: Mansfield

2205 Richmond Circle | Property Details | No Agent List