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$451,445

NAL Estimated Property Value

2614 Andover Ln, Mansfield, TX, 76084

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,909 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$230.49 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,492 sqft

Building Information

Year Built2019
Garage Spaces3

Land Information

APN126.4068.18160
Lot Number16R
SubdivisionSomerset Addition Ph 1
Land UseResidential
Legal DescriptionLOT 16R BLK 18 SOMERSET ADDITION PH 1
Census Tract130419
Assessed Land Value$95,000
Assessed Improvement Value$356,445
Assessment Year2025

About this property

Schedule a tour of this fabulous home in the sought after Somerset neighborhood. This light, bright home shows like a model. The bedrooms are situated as a split plan, where the primary retreat is spacious with views of backyard. Buyers will love the primary bath with large walk in closet which can access the laundry room. Secondary bedrooms share a Jack and Jill type bath. There is even a study one could use as a bonus room or extra bedroom. An appointed study area or nook sits near the living area. The kitchen is wide open to the family room and features beautiful granite with tile backsplash, lots of cabinets and a nice pantry. The 3 car garage is a welcomed bonus. Front views are of a catch and release pond. Neighborhood attributes include a community pool, walking paths and playgrounds. What a welcoming, family friendly space with access to major highways, shopping and dining options.

Investor Tools

Property Icon
$451,445
Estimated Property Value
$376,302Estimated Mortgage Balance
$75,143Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,709 /month
Positive
Cash Flow Estimate:
$903 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$324/month
$605/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,625
$451,445
2025
$95,000
$356,445
$451,445
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,625
$451,445

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$389,700
No
First
Jun 12, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$376,302
$75,143
16%
83%
$2,337/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,942/mo
$-970/mo
5.2%

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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2614 Andover Ln | Property Details | No Agent List