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$525,148

NAL Estimated Property Value

2304 Cathy Court, Mansfield, TX, 76063

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,552 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.58 / sqft
Year BuiltBuilt in 1983

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, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size23,261 sqft

Building Information

Year Built1983
Stories1
Garage Spaces3

Land Information

APN27945-1-6
Lot Number6
SubdivisionNelmwood Estates
Land UseResidential
Legal DescriptionNELMWOOD ESTATES BLOCK 1 LOT 6
Census Tract111406
Assessed Land Value$176,700
Assessed Improvement Value$348,448
Assessment Year2025

About this property

Buyer was unable to sell current home, LUCKY YOU!! Nestled on over a half acre with mature trees in an established Mansfield neighborhood is this one-story beauty. The home offers four bedrooms and three bathrooms with a large living area, large eat-in kitchen and separate formal dining. You'll fall in love with the oversized laundry with sink and giant garage with workroom AND extra storage area. Separate storage building and TWO patio areas give plenty of added space to this fantastic home. Master bedroom has separate sitting area that would make a wonderful office. Granite countertops, TONS of cabinets and BRAND NEW appliances make the kitchen shine!

Investor Tools

Property Icon
$525,148
Estimated Property Value
$273,802Estimated Mortgage Balance
$251,346Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,151 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$687/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,614
$525,148
2025
$176,700
$348,448
$525,148
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,614
$525,148

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Va
$306,324
Yes
First
Nov 13, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,802
$251,346
47%
52%
$1,837/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$1,837/mo
+$583/mo
5.5%

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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2304 Cathy Court | Property Details | No Agent List