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$309,900

707 Parkhill Drive, Mansfield, TX, 76063

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,601 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.15 / sqft
Year BuiltBuilt in 2004

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, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size11,117 sqft

Building Information

Year Built2004
Stories2
Garage Spaces2

Land Information

APN31741-5-1
Lot Number1
SubdivisionParks At Walnut Creek Addition
Land UseResidential
Legal DescriptionPARKS AT WALNUT CREEK ADDITION BLOCK 5 LOT 1
Census Tract111308
Assessed Land Value$60,000
Assessed Improvement Value$358,116
Assessment Year2025

About this property

WONDERFUL home with open AND spacious layout nestled in the highly desired Parks at Walnut Creek! This area is surrounded by two parks and both the elementary and middle schools. Terrific open layout with split bedrooms on opposite sides of the home, upgraded kitchen with granite, wood flooring, luxury master suite, full size separate laundry room, flex room for optional fourth bedroom or office, professional landscaping, French drain system, and so much more! Truly have to walk through to feel the expansive space which is perfect for entertaining inside or out, separate owner’s retreat, or for someone who loves an awesome kitchen!

Investor Tools

Property Icon
$423,000
Estimated Property Value
$0Estimated Mortgage Balance
$327,688Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,538 /month
Positive
Cash Flow Estimate:
$846 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$766/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,074
$418,116
2025
$60,000
$358,116
$418,116
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,074
$418,116

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Conventional
$107,500
No
First
Jul 30, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$95,312
$327,688
77%
23%
$645/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$745/mo
+$1,675/mo
6.9%

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.

Explore Texas Explore This Area
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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