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B+
NoAgentList RatingHow are grades calculated? Info

$431,000

2305 Hodges Pl, Mansfield, TX, 76063

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,876 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.11 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Range, Refrigerator
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Lot Size9,291 sqft

Building Information

Year Built2000
Stories2
Garage Spaces2

Land Information

APN17793-29-21
Lot Number21
SubdivisionHeritage Estates Addition-Mnfd
Land UseResidential
Legal DescriptionHERITAGE ESTATES ADDITION-MNFD BLOCK 29 LOT 21
Census Tract111311
Assessed Land Value$60,000
Assessed Improvement Value$325,000
Assessment Year2025

About this property

Owner in the process of removing all wallpaper and replacing with fresh paint, updating light fixtures and sink fixtures. Owner will also be upgrading master shower with seamless glass. Home is located in a great subdivision. Mansfield ISD. All carpet has been removed and home has brand new beautiful luxury wood like floors in all the bedrooms, hallways and stairway. 5 bedrooms, 3 full baths and 1 half bath with the master bedroom on the 1st floor and the remaining bedrooms on the 2nd floor. This open floor plan has a bundle of space. Two separate living areas and a formal dining room is plenty of room for those nice family dinner parties. Kitchen has a breakfast bar and an island to seat plenty and is open to the family room with a cozy fireplace. Upstairs' view looks over into the living and kitchen areas. Back yard is a nice size. Close to shopping and major highways.

Investor Tools

Property Icon
$431,000
Estimated Property Value
$290,000Estimated Mortgage Balance
$166,678Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,586 /month
Positive
Cash Flow Estimate:
$862 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$747/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,809
$385,000
2025
$60,000
$325,000
$385,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,809
$385,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Credit Line (Revolving) / Heloc
$290,000
No
First
Sep 24, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,322
$166,678
38%
61%
$1,739/mo

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.

Explore Texas Explore This Area
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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2305 Hodges Pl | Property Details | No Agent List