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$459,900

3003 Reese Park Drive, Mansfield, TX, 76063

$518,604 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,431 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.04 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size8,346 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN126.4056.09100
Lot Number10
SubdivisionSouthpointe Ph 1a Sec 1
Land UseResidential
Legal DescriptionLOT 10 BLK 9 SOUTHPOINTE PH 1A SEC 1
Census Tract130418
Assessed Land Value$115,000
Assessed Improvement Value$455,205
Assessment Year2025

About this property

Welcome to this beautiful home in the highly desired South Pointe Community. The neighborhood is perfect with community pool, club house, parks and walking paths throughout. The front entry features a large front porch. Inside this home is full of upgrades like a huge builtin spice rack in the kitchen, large gas cooktop, his and her closets in the master suite with a door to the utility room for easy access. The guest suite is tucked away in it's own private hall with full bath on suite. Upstairs enjoy a large game room and home theater with 2 additional bedrooms and a full bath. Lots of extra storage space through out. Outback enjoy the relaxing covered patio.

Investor Tools

Property Icon
$580,000
Estimated Property Value
$0Estimated Mortgage Balance
$158,345Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$518,604
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,480 /month
Positive
Cash Flow Estimate:
$1,160 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$413/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,053
$570,205
2025
$115,000
$455,205
$570,205
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,053
$570,205

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$463,500
No
First
Aug 24, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$421,655
$158,345
27%
73%
$2,779/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,000/mo
$3,229/mo
$-229/mo
6.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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