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$294,000

741 Kensington Ln, Mansfield, TX, 76063

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,493 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.57 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size8,969 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN44980-76-1
Lot Number1
SubdivisionWalnut Creek Valley Addition
Land UseResidential
Legal DescriptionWALNUT CREEK VALLEY ADDITION BLOCK 76 LOT 1
Census Tract111304
Assessed Land Value$50,000
Assessed Improvement Value$230,171
Assessment Year2025

About this property

Looking for a very well maintained one owner home in Mansfield? This is your home! Located on a oversized corner lot, this property is ideal with the perfect location within the town! The open living room floor plan with an abundance of natural light will definitely create a feeling of warmth and coziness! The dining room and eat in kitchen are sure to become the focal point of many memories to be created for years to come. Step into the massive backyard and you instantly feel secluded with the full privacy fence. This backyard oasis also features an amazing pergola and custom stone work patio that is ideal for entertaining and multiple level seating. A few of this homes key elements include an upgraded new HVAC, new flooring, new windows, a full irrigation system, a backyard storage shed and a new upgraded water heater. The close proximity to schools and parks will make this home very desirable! Call today for a private showing!

Investor Tools

Property Icon
$294,000
Estimated Property Value
$0Estimated Mortgage Balance
$294,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,764 /month
Positive
Cash Flow Estimate:
$588 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$653/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,372
$280,171
2025
$50,000
$230,171
$280,171
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,372
$280,171

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$294,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
N/A
+$2,420/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.

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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741 Kensington Ln | Property Details | No Agent List