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$260,000

908 Skylark Dr, Mansfield, TX, 76063

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,192 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$218.12 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters, Private Yard, Storage
Lot Size13,878 sqft

Building Information

Year Built1973
Stories1
Garage Spaces2

Land Information

APN30180-9-28
Lot Number28
SubdivisionNorth Ridge Sub (Mansfield)
Land UseResidential
Legal DescriptionNORTH RIDGE SUB (MANSFIELD) BLOCK 9 LOT 28
Census Tract111307
Assessed Land Value$45,000
Assessed Improvement Value$147,308
Assessment Year2025

About this property

A thoughtfully updated 3-bedroom, 2-bath home offering 1,193 square feet on a desirable corner lot. Enter into the living room with beams showcasing the high ceilings, a floor to ceiling wood-burning fireplace, open to the dining area and kitchen. Throughout the home you’ll find a fresh, modern interior with updated flooring and new carpet that add both style and comfort. The layout is functional and inviting, making it easy to settle in or entertain. Both bathrooms have been completely updated with custom tile work in both showers and seamless glass in the primary bath. The home sits on a corner lot, providing additional space and curb appeal, and features a newly installed fence for added privacy and usability of the outdoor area. Located near shopping, dining, all in the sought after Mansfield ISD, this home combines quality updates with a great location.

Investor Tools

Property Icon
$260,000
Estimated Property Value
$132,800Estimated Mortgage Balance
$143,965Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$307/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,383
$192,308
2025
$45,000
$147,308
$192,308
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,383
$192,308

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Stand Alone First / Home Equity First Lien
$132,800
No
First
Jan 21, 2020
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$116,035
$143,965
55%
45%
$797/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$797/mo
+$1,623/mo
11.2%

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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