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$388,000

NAL Estimated Property Value

2304 Field Lane, Mansfield, TX, 76063

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,014 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.51 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size12,428 sqft

Building Information

Year Built1994
Stories1
Garage Spaces2

Land Information

APN17793-23-4
Lot Number4
SubdivisionHeritage Estates Addition-Mnfd
Land UseResidential
Legal DescriptionHERITAGE ESTATES ADDITION-MNFD BLOCK 23 LOT 4
Census Tract111311
Assessed Land Value$60,000
Assessed Improvement Value$263,000
Assessment Year2025

About this property

This great home is situated on a lot that backs to a greenspace area & is located with quick access to major highways, shopping & schools. Home features three bedrooms, two bathrooms, a large flex room which can be used as a study or 2nd living area & split bedrooms for optimal privacy. The spacious family room has a fireplace with gas logs & is open to the breakfast nook & kitchen. The kitchen has loads of cabinets, corian countertops with a tile backsplash, a range with a gas cooktop & oven, a breakfast bar, & a good sized pantry. The owner's retreat has a soaking tub, dual sinks, & two closets. The secondary bedrooms are nicely sized & have great closet space. Large storage shed. Great MISD schools.

Investor Tools

Property Icon
$388,000
Estimated Property Value
$251,046Estimated Mortgage Balance
$136,954Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,328 /month
Positive
Cash Flow Estimate:
$776 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$683/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,252
$323,000
2025
$60,000
$263,000
$323,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,252
$323,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$278,100
No
First
Apr 29, 2021
May 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,046
$136,954
35%
65%
$1,668/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$1,668/mo
+$752/mo
7.5%

City: Mansfield

2304 Field Lane | Property Details | No Agent List