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$255,000

2404 Richmond Cir, Mansfield, TX, 76063

$315,578 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,080 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$122.6 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Exterior FeaturesRain Gutters
Lot Size7,536 sqft

Building Information

Year Built2000
Stories1
Garage Spaces2

Land Information

APN17793-11-16
Lot Number16
SubdivisionHeritage Estates Addition-Mnfd
Land UseResidential
Legal DescriptionHERITAGE ESTATES ADDITION-MNFD BLOCK 11 LOT 16
Census Tract111311
Assessed Land Value$60,000
Assessed Improvement Value$328,499
Assessment Year2025

About this property

BEAUTIFULLY MAINTAINED ONE-STORY HOME THAT HAS IT ALL. THIS IMMACULATE HOME BOASTS A FLEXIBLE FLOOR PLAN FOR LIVING, WORKING AND ENTERTAINING COMPLETE WITH 3 BEDROOMS 2 BATHS, AN OPEN CONCEPT KITCHEN AND LIVING SPACE PLUS LARGE KITCHEN ISLAND, BREAKFAST ROOM AND FORMAL DINING AREA PLUS PRIVATE STUDY AND GAME ROOM OR SECOND LIVING AREA. FRESH PAINT, VAULTED CEILINGS, TONS OF NATURAL LIGHT, TWO CAR GARAGE ALL IN THE DESIRED NEIGHBORHOOD HERITAGE ESTATES AND ACCLAIMED MANSFIELD ISD SCHOOLS.

Investor Tools

Property Icon
$388,499
Estimated Property Value
$131,500Estimated Mortgage Balance
$274,832Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$315,577
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,331 /month
Positive
Cash Flow Estimate:
$777 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$490/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,932
$388,499
2025
$60,000
$328,499
$388,499
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,932
$388,499

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Conventional
$131,500
No
First
Jul 1, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$113,667
$274,832
70%
29%
$789/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$789/mo
+$1,631/mo
7.5%

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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2404 Richmond Cir | Property Details | No Agent List