$304,000
NAL Estimated Property Value617 S Parkridge Dr, Mansfield, TX, 76063
$361,311 ARV
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl, Wood
Exterior
Exterior FeaturesStorage
Lot Size23,640 sqft
Building Information
Year Built1976
Stories1
Garage Spaces2
Land Information
APN31740-3-27R
Lot Number27R
SubdivisionParkridge Estates (Mansfield)
Land UseResidential
Legal DescriptionPARKRIDGE ESTATES (MANSFIELD) BLOCK 3 LOT 27R
Census Tract111308
Assessed Land Value$103,638
Assessed Improvement Value$152,362
Assessment Year2025
About this property
Beautiful, completely remodeled home in quite Parkridge Estates. Home sits on over a half acre lot with mature trees. 4 bedroom 2 full bathrooms, 4th bedroom could be used as an office, workout room or game room. New floors throughout , nice paint, and new cabinets. Granite counter tops in the kitchen, bathrooms and laundry room. Kitchen has all new appliances. Spacious laundry room with storage, room to fold laundry as well as a sink. Call today to schedule your appointment to view this beautiful home for lease.
Investor Tools
$304,000
Estimated Property Value
$345,344Estimated Mortgage Balance
$304,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$361,310
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,824 /month
Positive
Cash Flow Estimate:
$608 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$646/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,231
$256,000
2025
$103,638
$152,362
$256,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,231
$256,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Community Mortgage Inc
Conventional
$351,000
No
First
Jun 9, 2025
Jul 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$345,344
N/A
0%
114%
$2,105/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,000/mo
$2,105/mo
+$895/mo
11.8%
