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$193,000

8394 Lake Rd, Mansfield, TX, 76063

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Exterior FeaturesDog Run, Private Entrance
Lot Size35,719 sqft

Land Information

APNA 186-7G05
SubdivisionBridgeman, James Survey
Land UseResidential
Legal DescriptionBRIDGEMAN, JAMES SURVEY ABSTRACT 186 TRACT 7G05
Census Tract111317
Assessed Land Value$77,900
Assessment Year2025

About this property

Discover the perfect opportunity to build your dream home on this beautifully improved 0.82-acre homesite in Mansfield, Texas. Conveniently located and zoned to highly rated Mansfield ISD schools, this spacious lot offers the ideal setting for custom construction, future investment, or creating the private retreat you’ve always envisioned. This property comes equipped with co-op water and septic already installed, offering significant savings on development costs and accelerating your build timeline. The land is fenced providing privacy, security, and flexibility for a variety of residential uses. With no HOA and no deed restrictions, you enjoy the freedom to bring your own builder and design a home tailored to your lifestyle. A manufactured home, storage building, and container on the property will be professionally removed prior to closing, leaving you with a clean, ready-to-build canvas. The lot offers a mix of gravel, dirt road, and features native grasses plus open space—perfect for positioning your new home to take advantage of the site dimensions. Conveniently located near major roadways, retail, dining, and Mansfield’s growing amenities, this property combines rural space with suburban accessibility. Opportunities like this—improved land with utilities, fencing, and full flexibility—rarely hit the market. Bring your plans and start envisioning what’s possible on this exceptional Mansfield homesite.

Investor Tools

Property Icon
$193,000
Estimated Property Value
$0Estimated Mortgage Balance
$193,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,158 /month
Positive
Cash Flow Estimate:
$386 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$191/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,327
$77,900
2025
$77,900
N/A
$77,900
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,327
$77,900

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$193,000
100%
0%
$0/mo

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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8394 Lake Rd | Property Details | No Agent List