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$495,000

NAL Estimated Property Value

2907 Ervin Way 2907, Mansfield, TX, 76063

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,232 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$215.05 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Double Oven
FlooringCarpet, Wood

Exterior

Exterior FeaturesBuilt-in Barbecue, Fire Pit, Gas Grill, Outdoor Grill, Private Yard

Building Information

Year Built2016
Garage Spaces2

Land Information

APN23061C--83-2907
Lot Number2907
SubdivisionLadera At Mansfield Condo
Land UseResidential
Legal DescriptionLADERA AT MANSFIELD CONDO BLOCK 83 LOT 2907 & .0053 COMMON AREA D216221310
Census Tract111311
Assessed Land Value$80,000
Assessed Improvement Value$301,119
Assessment Year2025

About this property

Beautiful Ladera home on a premium lot. A few steps and you've arrived at the community pool, courts & club house. The interior finishes are elegant yet simply done. The open floor plan of the kitchen, dining & expansive living room makes for ideal entertaining. A custom buffet was constructed just for that purpose. The kitchen finishes include granite counters, tasteful glass subway back splash & white cabinetry. A cook's dream, the double oven, oodles of work, storage space & walk-in pantry allows for all kinds of tasty treats to be created! A wall of windows in the living faces the covered back porch with gas fire pit & built-in grill. The porch is perfect for lounging & drinking morning coffee. At the front of the home, a private office with french doors can function as a flex space. A small room directly across from the office is a perfect craft or sewing area. Wood flooring in all main rooms. Expanded primary bedroom. Many upgrades & extras make this property one of a kind!

Investor Tools

Property Icon
$495,000
Estimated Property Value
$0Estimated Mortgage Balance
$495,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,149/month
$370/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,315
$381,119
2025
$80,000
$301,119
$381,119
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,315
$381,119

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$495,000
100%
0%
$0/mo

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.

Explore Texas Explore This Area
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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2907 Ervin Way 2907 | Property Details | No Agent List