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$989,000

911 Tate St, Mansfield, TX, 76063

Under ContractInfo
Beds5 Beds
Baths3 Bath
Baths4,400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$224.77 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven, Refrigerator, Vented Exhaust Fan, Wine Cooler
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Outdoor Kitchen, RV Hookup, Storage, Outdoor Grill
Lot Size1 acre

Building Information

Year Built2014
Garage Spaces3

Land Information

APN41407T-1-4R2
Lot Number4R2
SubdivisionTate Street Addition
Land UseResidential
Legal DescriptionTATE STREET ADDITION BLOCK 1 LOT 4R2 PER PLAT D214105766
Census Tract111306
Assessed Land Value$127,500
Assessed Improvement Value$637,500
Assessment Year2025

About this property

Unique property perfectly designed for luxury living and endless entertaining opportunities. Situated on 1 acre lot, 5 bedroom, 3.5 bath home is located off a winding back road and sits up against a greenbelt, giving it a quiet country feeling. It has a long driveway connecting front and back yards, leading up to backyard shop building. The open-concept first floor features a large living area, bar style seating, attached breakfast nook and dining areas. Kitchen features stainless steel appliances, an enormous amount of cabinet storage, and a pot rack over the central island. The spacious primary suite is conveniently located on the main floor and features a bay window sitting area, a large bath with spa style jacuzzi tub. Two additional oversized bedrooms with Jack and Jill bathroom are located on opposite side of downstairs from primary suite, allowing for maximum privacy. Laundry room with large sink and counter space completes the main floor. There is ample storage including a large walk-in pantry as well as an additional broom-linen closet. The second floor features two bedrooms, full bath, large game room with kitchenette, and attached media room with 3-D projector, 2 rows of leather seating, and an 100 inch screen. Fully fenced backyard includes large pool with wading area and spa. The covered outdoor living & kitchen area completes the entertaining options. The 1500 sq. ft. metal shop building includes a 450 sq. ft. game room and full bathroom, It also has 2 oversized garage doors, 50 amp RV plug, utility sink, second washer and dryer hookups, and stairs leading to a 450 sq. ft. storage area. Lighting installed on the side of the shop building lights up expansive yard area when volleyball other activities lead into the evening. Come and see your next entertaining oasis and retreat from city life!

Investor Tools

$384,370Estimated Mortgage Balance
$380,630Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,934 /month
Positive
Cash Flow Estimate:
$1,978 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,385/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,798
$765,000
2025
$127,500
$637,500
$765,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,798
$765,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$417,000
No
First
Jun 8, 2022
Jul 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$384,370
$380,630
49%
50%
$2,501/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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