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Owner Contacts

$248,000

NAL Estimated Property Value

2461 Callender Road, Mansfield, TX, 76063

Off Market

3 Beds

1 Bath

1,468 Sq Ft

Single Family Residence

$141.35 / sqft

Built in 1940

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

AppliancesElectric Range, Refrigerator

FlooringLinoleum

Exterior

Lot Size30,056 sqft

Building Information

Year Built1940

Stories1

Garage Spaces1

Land Information

APNA 984-3B02

SubdivisionLynn, William Survey

Land UseResidential

Legal DescriptionLYNN, WILLIAM SURVEY ABSTRACT 984 TRACT 3B02

Census Tract111406

Assessed Land Value$65,550

Assessed Improvement Value$100,757

Assessment Year2025

About this property

Gorgeous area of stately homes with this property having been built in 1940 & long since lost its luster but not the mature oaks trees, convenient location & .69 acre lot with 209’ of road frontage. So much potential here. Could rehab & call it home or live in it while building a newer home or demolish & built your stately estate as well as could research dividing the lot with so much frontage into 2 lots with you being responsible for all research & future permit needs, etc. All your own homework. Sold AS IS, Where IS and someone did live in last. The one car garage was converted to a 3rd bedroom and subsequently used as a workshop but could be returned to garage use as part of your rehab plan. Gotta See, Gotta Consider, Gotta get Creative but Gotta Believe potential for this RARE FIND IN THIS newer, nicer neighborhood offering privacy, style & yet all convenient. Tarrant County, Mansfield, MISD. Everything removed once under contract. NO SURVEY, platt says 209x159x184x155 dimensions

Investor Tools

$248,000

Estimated Property Value

$392,956Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,488 /month

Positive

Cash Flow Estimate:

$496 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$419/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,782

$166,307

2025

$65,550

$100,757

$166,307

Tax History

Year

Tax Paid

Assessed Value

2024

$3,782

$166,307

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Eecu

Unknown

$200,000

First

May 7, 2025

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$392,956

N/A

158%

$2,400/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,420/mo

$2,400/mo

+$20/mo

11.7%

Learn About the Market: Opportunity in Texas

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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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