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$302,000

NAL Estimated Property Value

349 Cotton Drive, Mansfield, TX, 76063

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,430 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.25 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet, Ceramic Tile

Exterior

Lot Size9,831 sqft

Building Information

Year Built2001
Stories1
Garage Spaces2

Land Information

APN16960-2-58
Lot Number58
SubdivisionHamman Terrace Addition
Land UseResidential
Legal DescriptionHAMMAN TERRACE ADDITION BLOCK 2 LOT 58
Census Tract111306
Assessed Land Value$15,000
Assessed Improvement Value$247,000
Assessment Year2025

About this property

BEAUTIFUL HOME THAT IS MOVEIN READY! Spacious entry hallway welcomes you into this wonderfully thought of home. Each room has new paint and lighting. Living spaces have recently installed flooring. Master bedroom has 2 large closets and sound sound that will stay for the new owner to enjoy! Living room is very roomy and has bright natural lighting coming in from windows. Roof was put in in 2017. Large back yard has large fruit trees. Home also has a roomy dog house that has AC and heat, perfect for dog lovers. If buyer wants it removed it will be removed properly by sellers.

Investor Tools

Property Icon
$302,000
Estimated Property Value
$179,782Estimated Mortgage Balance
$122,218Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,812 /month
Positive
Cash Flow Estimate:
$604 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$465/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,064
$262,000
2025
$15,000
$247,000
$262,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,064
$262,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Fha
$206,196
Yes
First
Nov 25, 2019
Dec 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,782
$122,218
40%
60%
$1,237/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$1,237/mo
+$1,183/mo
9.6%

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.

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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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349 Cotton Drive | Property Details | No Agent List