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$585,000

3209 Newsom Ridge Dr, Mansfield, TX, 76063

$627,831 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,550 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.79 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Microwave

Exterior

Exterior FeaturesPrivate Yard
Lot Size8,451 sqft

Building Information

Year Built2016
Garage Spaces3

Land Information

APN126.4056.07090
Lot Number9
SubdivisionSouthpointe Ph 1a Sec 1
Land UseResidential
Legal DescriptionLOT 9 BLK 7 SOUTHPOINTE PH 1A SEC 1
Census Tract130418
Assessed Land Value$115,000
Assessed Improvement Value$466,917
Assessment Year2025

About this property

Welcome to 3209 Newsom Ridge Drive, where luxury living meets one of Mansfield’s most exciting growth corridors. This beautiful home backs up to the new Texas Health Mansfield Sports Complex and is just moments from the highly anticipated Staybolt Street District, bringing shopping, dining, entertainment, and community events right to your doorstep. From the moment you step inside, you'll be greeted by soaring ceilings, abundant natural light, and a thoughtfully designed floor plan perfect for both everyday living and entertaining. The heart of the home is the beautiful chef's kitchen, featuring an oversized island, granite countertops, stainless steel appliances, abundant cabinetry, and plenty of space for gathering with family and friends. The kitchen opens seamlessly to the spacious living area, creating the ideal setting for hosting game-day parties, holiday gatherings, or cozy nights at home. Step outside and enjoy the unique advantage of backing to Mansfield’s premier sports destination, with easy access to future restaurants, retail, and entertainment planned for the area. Opportunities like this don’t come along often, own a home that’s not only beautiful today, but positioned in the center of Mansfield’s exciting future. Front row living starts here!

Investor Tools

Property Icon
$612,000
Estimated Property Value
$386,900Estimated Mortgage Balance
$258,689Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$627,830
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,672 /month
Positive
Cash Flow Estimate:
$1,224 /month

Interested in this property?

Shannon Johnson

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$426/month
$429/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,052
$581,917
2025
$115,000
$466,917
$581,917
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,052
$581,917

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Stand Alone First / Home Equity First Lien
$386,900
No
First
Dec 22, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$353,311
$258,689
42%
58%
$2,320/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,000/mo
$2,749/mo
+$251/mo
5.9%

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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3209 Newsom Ridge Dr | Property Details | No Agent List