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$293,676

NAL Estimated Property Value

514 Mockingbird Dr, Mansfield, TX, 76063

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,478 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.49 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Vented Exhaust Fan
FlooringCarpet, Laminate, Vinyl

Exterior

Lot Size4,996 sqft

Building Information

Year Built1990
Stories1
Garage Spaces2

Land Information

APN30180-B-7
Lot Number7
SubdivisionNorth Ridge Sub (Mansfield)
Land UseResidential
Legal DescriptionNORTH RIDGE SUB (MANSFIELD) BLOCK B LOT 7
Census Tract111307
Assessed Land Value$45,000
Assessed Improvement Value$248,676
Assessment Year2025

About this property

Welcome Home to this wonderful listing in the North Ridge subdivision. The heart of the home is the spacious living room with vaulted ceilings and a wood burning fireplace. Seamlessly transition into the breakfast room and a well-appointed kitchen that's equipped with ample cabinetry and generous counter space. The sizeable owner’s suite has vaulted ceilings and an ensuite bath with two closets. The additional bedrooms are well-sized and have wic. The roof was replaced within the last 2 years and the Hot Water Heater last year. The full-size utility room offers extra storage. Beyond the interior lies a generous backyard, providing space for outdoor activities & relaxation. A sturdy 7.5 x7 shed stands ready to store your tools and toys. Situated with easy access to Highway 287, this home is a stone's throw away from the bustling commercial hubs of Mansfield. Whether you're commuting to work or seeking a weekend adventure, this residence is perfectly positioned to meet all your needs.

Investor Tools

Property Icon
$293,676
Estimated Property Value
$271,037Estimated Mortgage Balance
$22,639Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,762 /month
Positive
Cash Flow Estimate:
$587 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$511/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,659
$293,676
2025
$45,000
$248,676
$293,676
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,659
$293,676

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$279,346
Yes
First
Sep 30, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,037
$22,639
7%
92%
$1,675/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$1,675/mo
+$745/mo
9.9%

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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514 Mockingbird Dr | Property Details | No Agent List