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$516,000

NAL Estimated Property Value

2504 Bowman Avenue, Mansfield, TX, 76063

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,878 Sq Ft
price_per_sqft$117.79 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size7,706 sqft

Building Information

Year Built2001
Stories2
Garage Spaces2

Land Information

APN17793-26-12
Lot Number12
SubdivisionHeritage Estates Addition-Mnfd
Land UseResidential
Legal DescriptionHERITAGE ESTATES ADDITION-MNFD BLOCK 26 LOT 12
Census Tract111311
Assessed Land Value$60,000
Assessed Improvement Value$425,308
Assessment Year2025

About this property

Beautifully Updated Open and Spacious Home with Covered Deck and Sparkling Pool in Classic Heritage Estates! Large open kitchen with center island provides ample countertop space. Eat-in Breakfast and Dining Room along with open concept Kitchen to Living make this the perfect home for Gatherings. The vaulted living area is open to the upstairs catwalk which is flanked by bedrooms, bathrooms and additional game room or media room flex space. Plenty of space for kids to be kids when you add in the covered deck, patio, and pool in the backyard. Roof replaced in 2017 and comes with warranties. Fresh paint throughout and clean as a whistle, that makes this property Move-in ready! 4x8 Storm Shelter in garage.

Investor Tools

Property Icon
$516,000
Estimated Property Value
$276,460Estimated Mortgage Balance
$239,540Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,096 /month
Positive
Cash Flow Estimate:
$1,032 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$912/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,361
$485,308
2025
$60,000
$425,308
$485,308
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,361
$485,308

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Fha
$314,407
Yes
First
Mar 20, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$276,460
$239,540
46%
54%
$1,886/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,000/mo
$1,886/mo
+$1,114/mo
7.0%

City: Mansfield

2504 Bowman Avenue | Property Details | No Agent List