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$210,000

404 S Old Mansfield Rd, Keene, TX, 76059

Under ContractInfo
Beds3 Beds
Baths1 Bath
Baths1,068 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.63 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesRain Gutters, Misting System, Private Yard, Rain Barrel/Cistern(s)
Lot Size8,311 sqft

Building Information

Year Built1992
Garage Spaces1

Land Information

APN126.2876.00310
Lot Number12
Land UseResidential
Legal DescriptionLOT 12 BLK 2 HEATHER DYANE ADDITION
Census Tract130304
Assessed Land Value$22,500
Assessed Improvement Value$170,176
Assessment Year2025

About this property

Charming small-town living on a spacious corner lot! This well-maintained 3-bedroom, 1-bath home offers comfortable living with a practical layout and a 1-car garage. The standout feature is the large wrap-around covered deck, providing the perfect space for outdoor entertaining, relaxing, or enjoying peaceful mornings and evenings. The deck is accessible from both the living area, as well as the primary bedroom. Inside, you'll find bright living spaces. The bathroom has been updated and includes heated flooring. It can be accessed through the hallway or from the primary bedroom. There is plenty of storage with two storage sheds in the backyard. With all of this, there is still room for dogs and kids to play. Located in a quiet small-town setting, this property combines the benefits of country-style living with the convenience of nearby amenities. Whether you're a first-time homebuyer, looking to downsize, or searching for an investment opportunity, this home offers comfort, outdoor living, and excellent value. Just minutes from the TXZ5 Amazon Central Hub. Schedule your private showing today!

Investor Tools

$159,415Estimated Mortgage Balance
$33,261Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,625
$192,676
2025
$22,500
$170,176
$192,676
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,625
$192,676

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp Dba Service First Mortgage Compa
Conventional
$174,570
No
First
Dec 6, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$159,415
$33,261
17%
83%
$1,047/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,047/mo
+$880/mo
12.0%

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.

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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: Keene

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404 S Old Mansfield Rd | Property Details | No Agent List