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Days35Days on Market
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$300,000

$315,000

408 Chimney Hill Cir, Mansfield, TX, 76063

$303,201 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,839 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.13 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile, Hardwood, Laminate

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size20,874 sqft

Building Information

Year Built1984
Stories1
Garage Spaces2

Land Information

APN24753-3-14
Lot Number14
SubdivisionMansfield Country Estates Addn
Land UseResidential
Legal DescriptionMANSFIELD COUNTRY ESTATES ADDN BLOCK 3 LOT 14
Census Tract111318
Assessed Land Value$45,524
Assessed Improvement Value$238,476
Assessment Year2025

About this property

Set on an almost half acre lot that backs to a peaceful greenspace, this property offers the perfect combination of privacy, space, and flexibility with no HOA. The expansive backyard provides endless possibilities, whether you envision adding a pool, creating the ultimate outdoor entertaining space, or simply enjoying the extra room to spread out. A covered patio overlooks the backyard, making it an ideal spot for relaxing or hosting friends and family, while the storage building offers additional space for tools, equipment, or hobbies. Inside, the spacious living room is anchored by a stunning floor to ceiling brick wood burning fireplace that creates a warm, inviting focal point with timeless character. Throughout the home, you'll appreciate the many major updates that add value and peace of mind, including a Class 4 impact resistant roof that is less than a year old, a brand new HVAC system, updated windows with a lifetime transferable warranty, a paid off whole house filtration system, and a newer water heater. The foundation was professionally repaired prior to the current owners' purchase. A large driveway provides ample parking for multiple vehicles, guests, or recreational toys. With its oversized lot, quality updates, and desirable setting backing to greenspace, this move in ready home offers a rare opportunity to enjoy both comfort and room to grow. Schedule your private showing today and discover everything this exceptional property has to offer before it's gone

Investor Tools

$190,374Estimated Mortgage Balance
$193,927Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$303,201
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,304 /month
Positive
Cash Flow Estimate:
$768 /month

Interested in this property?

Chandler Crouch

Chandler Crouch, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$517/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,287
$284,000
2025
$45,524
$238,476
$284,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,287
$284,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eecu
Credit Line (Revolving) / Heloc
$195,900
No
First
Dec 9, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,374
$180,626
48%
50%
$1,175/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$1,175/mo
+$1,245/mo
7.6%

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: Mansfield

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