B+

NoAgentList RatingHow are grades calculated?

1view

$538,300

622 Dorchester Ln, Mansfield, TX, 76063

Off Market

6 Beds

4 Bath

3,613 Sq Ft

Single Family Residence

$159.15 / sqft

Built in 2002

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 6

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Convection Oven

FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private Pool

Exterior FeaturesRain Gutters

Lot Size10,611 sqft

Building Information

Year Built2002

Stories2

Garage Spaces2

Land Information

APN10136-3-41

Lot Number41

SubdivisionDover Heights Addition

Land UseResidential

Legal DescriptionDOVER HEIGHTS ADDITION BLOCK 3 LOT 41

Census Tract111551

Assessed Land Value$60,000

Assessed Improvement Value$478,300

Assessment Year2025

About this property

Gorgeous 5 bedroom, 3 and half bath home with a POOL home in Mansfield, located in the highly desired Mansfield ISD! Recently installed carpet and fresh paint throughout entire home, solar panels (paid off, come with home), vaulted and tray ceilings, upgraded bathrooms, beautiful stone fireplace. Brand new windows throughout (June 2020). Tons of room for family events and entertaining with Two living areas downstairs, a large upstairs gameroom, and two dining areas. Updated kitchen with gas stovetop and KitchenAid stainless appliances. Downstairs includes a large front office with full size closet which could be used as a 6th bedroom. Large master suite downstairs, features jacuzzi tub, separate shower, dual sinks and large walk-in closet. 4 bedrooms located upstairs, each connected to a remodeled jack-and-jill bathroom. The spacious backyard is perfect for entertaining with a playground for the kids and a fenced in pool area with two gazebos. Large 2-car garage w built in work areas.

Investor Tools

$538,300

Estimated Property Value

$540,038Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,450 /month

Positive

Cash Flow Estimate:

$1,150 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,244/month

$165/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$12,242

$538,300

2025

$60,000

$478,300

$538,300

Tax History

Year

Tax Paid

Assessed Value

2024

$12,242

$538,300

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Umortgage Llc

Fha

$540,038

Yes

First

May 31, 2023

Jun 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$665,446

N/A

124%

$4,205/mo

Learn About the Market: Opportunity in Texas

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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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