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$433,000

NAL Estimated Property Value

2301 Grimsley Ter, Mansfield, TX, 76063

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,700 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.41 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Grill, Storage
Lot Size9,675 sqft

Building Information

Year Built1993
Stories2
Garage Spaces2

Land Information

APN17793-25-12
Lot Number12
SubdivisionHeritage Estates Addition-Mnfd
Land UseResidential
Legal DescriptionHERITAGE ESTATES ADDITION-MNFD BLOCK 25 LOT 12
Census Tract111311
Assessed Land Value$60,000
Assessed Improvement Value$365,131
Assessment Year2025

About this property

You will LOVE this FANTASTIC- Heritage Estates addition home located on a generous sized corner lot- nested under HUGE shade trees AND in highly desired Mansfield High School attendance zone!!! Enjoy fresh interior paint, updated lower level flooring, granite counters in the kitchen and master bathroom suite, never used gas range- AND MORE!!! Great flexible floor plan allows the downstairs bedroom to be front office, formal dining could be second living area or den, and the upstairs loft is a great place for another office nook or homework area!!! Enjoy relaxing or entertaining your guests in your backyard oasis with a beautiful in ground pool (just in time for summer) and shaded an oversized pergola with an attached outdoor natural gas grill!!! Great location just minutes to highway 287 or 360, major shopping areas, restaurants, and Joe Pool lake!!!

Investor Tools

Property Icon
$433,000
Estimated Property Value
$380,838Estimated Mortgage Balance
$52,162Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,598 /month
Positive
Cash Flow Estimate:
$866 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$787/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,278
$425,131
2025
$60,000
$365,131
$425,131
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,278
$425,131

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$395,034
Yes
First
May 13, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$380,838
$52,162
12%
88%
$2,369/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$2,369/mo
+$51/mo
6.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2301 Grimsley Ter | Property Details | No Agent List