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$365,000

2405 Richmond Cir, Mansfield, TX, 76063

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,166 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.51 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size7,536 sqft

Building Information

Year Built1999
Stories1
Garage Spaces2

Land Information

APN17793-10-32
Lot Number32
SubdivisionHeritage Estates Addition-Mnfd
Land UseResidential
Legal DescriptionHERITAGE ESTATES ADDITION-MNFD BLOCK 10 LOT 32
Census Tract111311
Assessed Land Value$60,000
Assessed Improvement Value$267,600
Assessment Year2025

About this property

Back on Market due to buyer financing now with PRICE Adjustment! Your Gain, so come and take a look. Open Floor Plan! Split Master from secondary rooms. There is even a BONUS room in-between the two secondary rooms that can be a second Livingroom, extra office, playroom or put some gym equipment in there. A Barn door separating the hallway to the secondary bedrooms for more privacy. A Shade tree in the backyard as well as a covered patio to help beat this summer heat. Newer appliances that are about 5 years old. Roof was done in 2016! A new sprinkler system and French drain was installed in 2020. NO HOA. *House is now empty*

Investor Tools

Property Icon
$367,000
Estimated Property Value
$286,400Estimated Mortgage Balance
$99,644Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,202 /month
Positive
Cash Flow Estimate:
$734 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$686/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,397
$327,600
2025
$60,000
$267,600
$327,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,397
$327,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
V I P Mortgage Inc
Conventional
$286,400
No
First
Oct 11, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,356
$99,644
27%
73%
$1,718/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$1,718/mo
+$702/mo
7.9%

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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2405 Richmond Cir | Property Details | No Agent List