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Days2675Days on Market
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$1,800

404 Kings Way Dr, Mansfield, TX, 76063

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,470 Sq Ft
DuplexDuplex
price_per_sqft$0.73 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Plumbed For Ice Maker

Exterior

Lot Size10,642 sqft

Building Information

Year Built2001
Stories2

Land Information

APN6137-3-15
Lot Number15
SubdivisionCambric Park
Land UseResidential
Legal DescriptionCAMBRIC PARK BLOCK 3 LOT 15
Census Tract111309
Assessed Land Value$55,000
Assessed Improvement Value$231,000
Assessment Year2025

About this property

Great location only minutes from downtown Mansfield, The Shops at Broad, and all of the new development that's happening in Mansfield. For just $1,800 a month you get 3 bedrooms, 2 bathrooms, a large back yard, and the highly sought after Mansfield ISD. Spacious Double Story 3 bedroom with the master on the bottom floor. Open floor plan kitchen with luxury vinyl plank flooring. Large private backyard. 2 Smaller bedrooms and a bathroom upstairs. Master bedroom is downstairs with private bathroom. Two bedrooms are upstairs split by a bathroom. Property offers a lot of storage. Fridge is included.

Investor Tools

Property Icon
$342,000
Estimated Property Value
$234,710Estimated Mortgage Balance
$133,476Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,052 /month
Positive
Cash Flow Estimate:
$684 /month

Interested in this property?

John Teixeira

League Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$736/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,118
$286,000
2025
$55,000
$231,000
$286,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,118
$286,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$234,710
No
First
Sep 24, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$209,370
$139,630
40%
61%
$1,408/mo

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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404 Kings Way Dr | Property Details | No Agent List