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$437,000

NAL Estimated Property Value

2603 Morgan Ann Avenue, Mansfield, TX, 76063

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,331 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.12 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size7,789 sqft

Building Information

Year Built2000
Stories1
Garage Spaces2

Land Information

APN17793-5-32
Lot Number32
SubdivisionHeritage Estates Addition-Mnfd
Land UseResidential
Legal DescriptionHERITAGE ESTATES ADDITION-MNFD BLOCK 5 LOT 32
Census Tract111311
Assessed Land Value$60,000
Assessed Improvement Value$341,749
Assessment Year2025

About this property

Fabulous Highland Home nestled in the heart of Mansfields Heritage Estates. Open concept with 3 beds 2 baths and a 4th bedroom study option with full closet. Oversized kitchen with stainless steel appliances designed for entertaining. Marble fireplace, Plenty of natural light, large walk in closets. NEW roof in May 2016, New hot water heater 2019, Oversized master. Formal dining, formal living, Kitchen nook, 2 car garage with painted floor. Terrific floor plan with beautiful custom touches. Nice backyard with beautiful trees. Mansfield ISD A MUST SEE!!

Investor Tools

Property Icon
$437,000
Estimated Property Value
$274,162Estimated Mortgage Balance
$162,838Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,622 /month
Positive
Cash Flow Estimate:
$874 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$744/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,743
$401,749
2025
$60,000
$341,749
$401,749
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,743
$401,749

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$274,928
Yes
First
Jan 10, 2020
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,162
$162,838
37%
63%
$1,864/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,000/mo
$1,864/mo
+$1,136/mo
8.2%

City: Mansfield

2603 Morgan Ann Avenue | Property Details | No Agent List