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$408,000

NAL Estimated Property Value

505 Victory Lane, Mansfield, TX, 76063

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,356 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.13 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Storage
Lot Size7,536 sqft

Building Information

Year Built2003
Stories1
Garage Spaces2

Land Information

APN24758H-10R-9
Lot Number9
SubdivisionMansfield Natl Section A & B
Land UseResidential
Legal DescriptionMANSFIELD NATL SECTION A & B BLOCK 10R LOT 9
Census Tract111314
Assessed Land Value$85,000
Assessed Improvement Value$294,620
Assessment Year2025

About this property

MULTIPLE OFFERS! BEST DUE 8-31@2PM. BEAUTIFUL HOME IN HIGHLY SOUGHT AFTER GOLF COURSE COMMUNITY! Beginning w gorgeous curb appeal this home has it all! Step inside to a fabulous bright open floor plan w separate living or dining area. Stunning kitchen has amazing cabinet & counter space PLUS gas cooktop! Master suite has nice natural lighting,huge closet,garden tub & dual sinks. All bedrooms are large & great storage space throughout including an enormous attic!Step outside & fall in LOVE w this pretty backyard that boasts a recently painted covered deck,firepit area, storage shed & plenty of space to play! New roof and water heater in 2020 too! Community offers pool & playground too! HURRY!

Investor Tools

Property Icon
$408,000
Estimated Property Value
$257,395Estimated Mortgage Balance
$150,605Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,448 /month
Positive
Cash Flow Estimate:
$816 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$737/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,808
$379,620
2025
$85,000
$294,620
$379,620
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,808
$379,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$282,400
No
First
Sep 30, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$257,395
$150,605
36%
63%
$1,694/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,000/mo
$2,134/mo
+$866/mo
8.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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505 Victory Lane | Property Details | No Agent List