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$3,250

3015 Newsom Ridge Dr, Mansfield, TX, 76063

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,466 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.32 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size5,750 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN126.4056.11060
Lot Number6
SubdivisionSouthpointe Ph 1a Sec 1
Land UseResidential
Legal DescriptionLOT 6 BLK 11 SOUTHPOINTE PH 1A SEC 1
Census Tract130418
Assessed Land Value$115,000
Assessed Improvement Value$431,467
Assessment Year2025

About this property

Stunning home in the highly desired South Pointe community. Welcome to this airy open floor plan with 12 foot ceilings that is perfect for family and friend gatherings. The open kitchen has a huge island with a wrap around breakfast bar, gas range, stainless appliances, granite counter tops and a walk in pantry. The bedrooms have a split layout with the primary isolated on the back of the home. The primary bathroom has a double sink vanity, jetted tub, seperate shoer, and a large walk in closet. A home office with double glass doors could also be used as a craft or play room. An built in desk is located on the back of the dining area for an additional working space. The laundry room has a drip, dry area and a folding table. Outdoors you will find a neatly landscaped yard that has sprinklers throughout and gutters providing ease of maintenance. The backyard has no neighbors behind and a covered patio with a gas line hookup for a grill. Other features include a tankless water heater for endless hot water, a mud room, a security system, window coverings, garage door openers, and washer and dryer units which can be removed if requested. Two neighborhood parks can be found within a two to three minute walk and amazing community amenities are free to enjoy which include a swimming pool, fitness center, two fishing ponds, and hiking and biking trails. HWY 360 and 287 are a short drive and numerous shops and dining options are quickly accessible.

Investor Tools

$211,914Estimated Mortgage Balance
$334,553Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,279 /month
Positive
Cash Flow Estimate:
$1,093 /month

Interested in this property?

Jared Childs

Cornerstone Realty Group, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,196/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,614
$546,467
2025
$115,000
$431,467
$546,467
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,614
$546,467

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$240,000
No
First
Aug 18, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,914
$334,553
61%
39%
$1,439/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$1,439/mo
+$981/mo
5.3%

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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3015 Newsom Ridge Dr | Property Details | No Agent List