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B+
NoAgentList RatingHow are grades calculated? Info

$329,000

3111 Scenic Glen Drive, Mansfield, TX, 76063

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,434 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$232.22 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size5,998 sqft

Building Information

Year Built1998
Stories1
Garage Spaces2

Land Information

APN36827-1-15
Lot Number15
SubdivisionRustic Meadow Addition
Land UseResidential
Legal DescriptionRUSTIC MEADOW ADDITION BLOCK 1 LOT 15
Census Tract111319
Assessed Land Value$50,000
Assessed Improvement Value$240,421
Assessment Year2025

About this property

This 3 bed, 2 bath home is beautifully updated and located in the highly coveted Mansfield ISD! It offers an open and bright floor plan with vaulted ceilings and plenty of natural light. Recent renovations include all new interior and exterior paint, cedar accents, light fixtures, flooring throughout, and beautifully updated kitchen and bathrooms! Those who love to cook and entertain will fall in love with the new stainless steel appliances, granite counter tops, custom cabinetry, and back splash in the kitchen along with the views brought in by the bay windows. The primary bedroom boasts a garden tub, gorgeous statement shower, double granite vanity, and walk in closet! Both the front and back yards offer brand new sod which will be green just in time for spring. The back yard boasts established trees and is fenced for privacy. This home backs up to a green space with no neighbors behind it. Located just minutes from Highway 60 and E Broad St making travel a breeze. This is one you won’t want to miss!

Investor Tools

Property Icon
$329,000
Estimated Property Value
$0Estimated Mortgage Balance
$86,720Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,998 /month
Positive
Cash Flow Estimate:
$666 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$687/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,605
$290,421
2025
$50,000
$240,421
$290,421
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,605
$290,421

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The American National Bank Of Texas
Conventional
$247,000
No
First
Apr 16, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,280
$86,720
26%
74%
$1,481/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$1,481/mo
+$939/mo
8.8%

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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3111 Scenic Glen Drive | Property Details | No Agent List