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$401,000

NAL Estimated Property Value

701 Phillips Ct, Mansfield, TX, 76063

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,854 Sq Ft
price_per_sqft$215.21 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size5,227 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APN24678-1-5-70
Lot Number5
SubdivisionManchester Heights
Land UseResidential
Legal DescriptionMANCHESTER HEIGHTS BLOCK 1 LOT 5 PER PLAT D216048037
Census Tract111306
Assessed Land Value$11,000
Assessed Improvement Value$383,000
Assessment Year2025

About this property

Charming and move-in ready! This Craftsman-style home is just blocks from downtown Mansfield. Walk or bike to restaurants and shops. Perfect for an easy lifestyle with a low maintenance yard. This open-concept gem offers an inviting feel for you and your guests. From the entrance you will see beautiful wood-look, easy maintenance tile floors. Abundant natural light fills the home, highlighting the stunning kitchen with stainless appliances, which truly serves as the heart of the house. The three generously sized bedrooms offers flexibility for a home office or work-out space, while plenty of storage options throughout the home ensure everything has its place. Enjoy peaceful moments in the serene backyard with its large shade trees, nestled in a quaint, hometown-feeling neighborhood. Don't miss this opportunity to own a piece of Mansfield's charming community, conveniently located between Dallas and Fort Worth with easy access to highways, shopping and more. Don’t miss the video!

Investor Tools

Property Icon
$401,000
Estimated Property Value
$344,473Estimated Mortgage Balance
$56,527Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,406 /month
Positive
Cash Flow Estimate:
$802 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$718/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,615
$394,000
2025
$11,000
$383,000
$394,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,615
$394,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loansteady Llc
Va
$353,362
Yes
First
Dec 13, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$344,473
$56,527
14%
86%
$2,119/mo

City: Mansfield

701 Phillips Ct | Property Details | No Agent List