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$346,000

NAL Estimated Property Value

801 Water View Dr, Mansfield, TX, 76063

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,830 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.26 / sqft
Year BuiltBuilt in 1986

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
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size8,734 sqft

Building Information

Year Built1986
Stories1
Garage Spaces2

Land Information

APN38188H-8-16
Lot Number16
SubdivisionShannon Creek Addition
Land UseResidential
Legal DescriptionSHANNON CREEK ADDITION BLOCK 8 LOT 16
Census Tract111304
Assessed Land Value$55,000
Assessed Improvement Value$222,000
Assessment Year2025

About this property

If you’ve been looking for the perfect home for your family - this one checks every box. Need three spacious bedrooms plus an office? Check. Want a large corner lot and a private backyard with mature shade trees and a flagstone patio? Check. Would love to take your kids to the best school in Mansfield and then a short walk down the street to a beautiful park? Double check. Step inside to a bright, open layout that feels warm and welcoming from the moment you walk through the door. Every space flows with the natural rhythm of your family. The living room is the heart of the house, providing a central gathering place while separating the home office and entertaining areas from the bedrooms. The kitchen is perfect for making big meals, with ample floor, counter, and cabinet space for multiple people to work together. The dining room will easily fit a large round table that can seat up to eight comfortably. Moving to the other side of the home, each of the bedrooms has its own unique character. The en-suite primary bathroom was designed to protect your relationship with two walk-in closets, two sinks, a separate shower and bathtub, and a private toilet. You aren't going to find another well-maintained home with such a smart design and beautiful yard this close to a charming park and zoned for a top-rated school at this price. That's why this one won't be available for long. Schedule your showing today!

Investor Tools

Property Icon
$346,000
Estimated Property Value
$0Estimated Mortgage Balance
$346,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$489/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,142
$277,000
2025
$55,000
$222,000
$277,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,142
$277,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$346,000
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
8.4%

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.

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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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