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$809,958

NAL Estimated Property Value

4506 Blue Grass Ct, Mansfield, TX, 76063

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,038 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$205.55 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size12,327 sqft

Building Information

Year Built2017
Garage Spaces3

Land Information

APN3123M-1-24
Lot Number24
SubdivisionBower Ranch Addition
Land UseResidential
Legal DescriptionBOWER RANCH ADDITION BLOCK 1 LOT 24 PER PLAT D214044964
Census Tract111319
Assessed Land Value$110,000
Assessed Improvement Value$699,958
Assessment Year2025

About this property

Magnificent home on cul-de-sac lot located in highly sought after Bower Ranch! This home built by Grand Homes offers beautiful hardwood floors, art niches, numerous living and entertaining spaces. Impressive grand stairway in this light and airy floorplan. Huge open kitchen features 6 burner gas cooktop, island, double oven, plenty of cabinets and walk in pantry. Large Formal living and dining areas wonderful for entertaining or family gatherings. Inviting living area with wall of windows, 20 ft. ceilings, corner stone gas fireplace. First floor master suite has beautiful custom closet and bathroom with all the bells and whistles. 2nd bedroom on the first floor, seller has converted into a study. Guest suite locate upstairs, Great game room and media room Relax in the large backyard oasis which includes play pool, 12 x 15 gazebo and uncovered sitting area. Garage with custom built in cabinets and finished floor. Highly rated Mansfield schools!

Investor Tools

Property Icon
$809,958
Estimated Property Value
$377,995Estimated Mortgage Balance
$431,963Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,980 /month
Positive
Cash Flow Estimate:
$1,660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$883/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,548
$809,958
2025
$110,000
$699,958
$809,958
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,548
$809,958

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$400,000
No
First
May 26, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$377,995
$431,963
53%
47%
$2,399/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.

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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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4506 Blue Grass Ct | Property Details | No Agent List