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$384,573

NAL Estimated Property Value

805 Water View Dr, Mansfield, TX, 76063

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,034 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.62 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size7,566 sqft

Building Information

Year Built1995
Stories1
Garage Spaces2

Land Information

APN38188H-8-14
Lot Number14
SubdivisionShannon Creek Addition
Land UseResidential
Legal DescriptionSHANNON CREEK ADDITION BLOCK 8 LOT 14
Census Tract111304
Assessed Land Value$55,000
Assessed Improvement Value$329,573
Assessment Year2025

About this property

This charming one-owner home with open concept living! Welcome to this beautifully well maintained 3 bedroom 2 bathroom with 2 car garage, lovingly cared for by it original family. Step inside to discover a spacious, open concept kitchen and living area perfect for everyday comfort and family bonding. Wide hallways and doorways enhance the home's accessibility and flow. Enjoy your mornings on the inviting covered front porch and unwind in the evenings under the large covered patio, ideal for outdoor gatherings. This home offers the perfect blend of charm, convenience and functionality. The park is just 2 blocks over from the home, and you are within walking distance to the intermediate and middle schools. The home has ample storage space with a large additional pantry or storage closet near the laundry room. **The home will be getting a new roof prior to closing**

Investor Tools

Property Icon
$384,573
Estimated Property Value
$270,726Estimated Mortgage Balance
$113,847Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,307 /month
Positive
Cash Flow Estimate:
$769 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$280/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,441
$384,573
2025
$55,000
$329,573
$384,573
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,441
$384,573

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New Wave Lending Group Inc
Conventional
$276,000
No
First
Apr 24, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,726
$113,847
29%
70%
$1,655/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$1,655/mo
+$765/mo
7.6%

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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805 Water View Dr | Property Details | No Agent List