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$459,900

2504 Veranda Way, Mansfield, TX, 76084

$522,352 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,524 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.21 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size7,200 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN126.4068.27440
Lot Number44
SubdivisionSomerset Addition Ph Iii
Land UseResidential
Legal DescriptionLOT 44 BLK 27 SOMERSET ADDITION PH III
Census Tract130419
Assessed Land Value$95,000
Assessed Improvement Value$415,037
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED. PLEASE SUBMIT ALL OFFERS BY 3:00 SUN, APRIL 5. Welcome to this beautiful Bloomfield home located in the sought-after Somerset community in Mansfield. This spacious single-story residence features 4 bedrooms and 3 full bathrooms, including a private guest suite—perfect for multigenerational living or extended stays. Abundant windows fill the open-concept living and dining areas with natural light, creating a bright and inviting atmosphere. The deluxe kitchen is designed for both everyday living and entertaining, offering a gas cooktop, center island, and built-in stainless steel appliances. Situated within highly acclaimed Mansfield ISD and located in Johnson County for a lower tax rate, this home combines convenience and value. Solar pane are paid off and slash utility bills. Enjoy easy access to Hwy 287, I-20, and I-35, with an approximate 30-minute drive to both Dallas and Fort Worth. Residents of Somerset enjoy exceptional community amenities, including walking trails, ponds, parks, playground and POOL—making this the perfect place to call home.

Investor Tools

Property Icon
$510,037
Estimated Property Value
$490,758Estimated Mortgage Balance
$46,276Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$522,351
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,060 /month
Positive
Cash Flow Estimate:
$1,020 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$364/month
$825/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,814
$510,037
2025
$95,000
$415,037
$510,037
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,814
$510,037

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$490,758
Yes
First
May 5, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$463,761
$46,276
9%
91%
$2,943/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,768/mo
$-1,796/mo
4.6%

Learn About the Market: Opportunity in Texas

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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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2504 Veranda Way | Property Details | No Agent List