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B+
NoAgentList RatingHow are grades calculated? Info

$325,000

2307 Cathy Court, Mansfield, TX, 76063

$359,620 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,387 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.15 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Warming Drawer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size23,736 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN27945----1----4---20
Lot Number4
SubdivisionNelmwood Estates
Land UseResidential
Legal DescriptionNELMWOOD ESTATES BLOCK 1 LOT 4 & ABST 1648 TR 1A9
Census Tract111406
Assessed Land Value$177,250
Assessed Improvement Value$328,381
Assessment Year2025

About this property

Over a half acre lot! Lots of mature oak trees culdesac lot with storage-workshop in the back. Lots of room for parking with long drive and rear entry garage. Home has granite in the kitchen and baths, Laundry room has a half bath which is off the garage. Family room and formal dining are open to each other and have beautiful wood floors. Bedrooms 2 and 3 share a jack and Jill bath which is also open to the hall. HUGE master suite with a sitting area, built-in vanity or could be a desk. Dual sinks, garden tub, separate shower and tons of closet space. Eat-in Kitchen has granite, newer appliances, don't miss the warming drawer in the island, large breakfast bar makes a perfect buffet for entertaining.

Investor Tools

Property Icon
$505,631
Estimated Property Value
$0Estimated Mortgage Balance
$505,631Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$359,620
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,034 /month
Positive
Cash Flow Estimate:
$1,011 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,169/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,499
$505,631
2025
$177,250
$328,381
$505,631
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,499
$505,631

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$505,631
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
N/A
+$2,420/mo
5.7%

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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2307 Cathy Court | Property Details | No Agent List