$349,357
NAL Estimated Property Value4400 New Meadow Drive, Mansfield, TX, 76063
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile
Exterior
Exterior FeaturesRain Gutters, Storage
Lot Size7,566 sqft
Building Information
Year Built2003
Stories1
Garage Spaces2
Land Information
APN44714G-4-1
Lot Number1
SubdivisionVillages At Spring Lake, The
Land UseResidential
Legal DescriptionVILLAGES AT SPRING LAKE, THE BLOCK 4 LOT 1
Census Tract111314
Assessed Land Value$80,000
Assessed Improvement Value$269,357
Assessment Year2025
About this property
Charming corner lot home in VILLAGES AT SPRING LAKE community Mansfield ISD. This well cared for home offers two living areas , and dining area, vaulted ceiling, updated lighting, crown molding and a cozy see through fire place between two living areas. Large master suite offers garden tub, separate walk in shower, dual vanities and walk in closet. Step out into the back yard retreat with 21 x 15 patio area and 15 x 15 cedar covered porch. HOA includes use of community pool and facilities.
Investor Tools
$349,357
Estimated Property Value
$190,094Estimated Mortgage Balance
$159,263Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,096 /month
Positive
Cash Flow Estimate:
$699 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$808/month
$440/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,945
$349,357
2025
$80,000
$269,357
$349,357
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,945
$349,357
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cherry Creek Mortgage Co Inc
Conventional
$220,400
No
First
Jun 13, 2019
Jul 2049
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,094
$159,263
45%
54%
$1,322/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$1,762/mo
+$658/mo
8.3%
