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$575,000

4309 Palmer Dr, Mansfield, TX, 76063

Under ContractInfo
Beds5 Beds
Baths3 Bath
Baths3,763 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.8 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Tankless Water Heater
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Garden
Lot Size8,398 sqft

Building Information

Year Built2005
Stories2
Garage Spaces2

Land Information

APN24758H-13-38
Lot Number38
SubdivisionMansfield Natl Section A & B
Land UseResidential
Legal DescriptionMANSFIELD NATL SECTION A & B BLOCK 13 LOT 38
Census Tract111314
Assessed Land Value$85,000
Assessed Improvement Value$423,800
Assessment Year2025

About this property

Continue to show for backup offers - Kickout contingency clause. This is a substantial, extensively updated home with the kind of space, layout, and overall feel that doesn't come up all that often. The white painted brick and stone exterior, mature oak tree, fresh landscaping, and dramatic entry all make a strong first impression, and once inside, the home keeps delivering. Soaring ceilings, a curved staircase, updated flooring, fresh paint, crown molding, trim work, and newer lighting give the house a much more current look than buyers may expect. The family room is a true centerpiece with large windows and a floor to ceiling stone fireplace wall completed in 2025. The kitchen has the size and function buyers want, with an island, granite counters, white cabinetry, subway tile backsplash, stainless appliances replaced in 2024, a butler’s pantry, built-in desk, and breakfast area. The downstairs primary suite is a major selling point, with a fully remodeled bath completed in 2023 that includes dual vanities, granite counters, new tile and flooring, an expanded shower with bench and ledge, a separate tub, and a large walk-in closet. The flexible floor plan offers four bedrooms plus a private downstairs office that can also serve as an optional fifth bedroom. Formal living and dining rooms, three upstairs bedrooms, an open loft-style second living area, a separate game or media room, and an upstairs desk space add even more versatility. The improvement list here is worth noting, including 2023 roof, Romabio exterior paint, a full primary bath remodel, updated upstairs full baths, pool resurfacing with new tile, stone capping, filter and pump work, 2024 kitchen appliances, LED lighting, front yard landscaping and irrigation, an 8-foot privacy fence, and extensive 2025 interior work that included first-floor LVP, crown molding, trim, paint and woodwork refreshes, updated switches, and the striking stone fireplace wall. Tankless hot water heater and both ACs (2017).

Investor Tools

$401,470Estimated Mortgage Balance
$167,125Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$960/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,686
$508,800
2025
$85,000
$423,800
$508,800
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,686
$508,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sofi Bank Na
Conventional
$405,000
No
First
Jan 2, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$401,470
$193,530
32%
71%
$2,429/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,000/mo
$2,869/mo
+$131/mo
6.3%

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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4309 Palmer Dr | Property Details | No Agent List