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$512,000

NAL Estimated Property Value

919 Alvero Pl, Mansfield, TX, 76063

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,884 Sq Ft
price_per_sqft$277.07 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Tankless Water Heater
FlooringTile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2023
Garage Spaces2

Land Information

APN126.4100.00096
SubdivisionLadera At The Reserve Ph 1
Land UseCondominiums
Legal DescriptionUNIT 96 BLK A LADERA AT THE RESERVE PH 1 126.4100.01010 IMPV ONLY
Census Tract130418
Assessed Improvement Value$382,480
Assessment Year2025

About this property

Huge Price Improvement! Welcome to the Torino Floorplan, a luxurious home with over $100K in upgrades- a value that cannot be replicated at this price. This is the only home currently for sale with a water view, and with just one remaining lot available overlooking the pond, this is a rare opportunity. Designed for both seemless living and effortless entertaining, the spacious family room flows into an open kitchen featureng a large island, Quartz countertops, ceiling- height cabinetry, walk in pantry and a breakfast area, all complemented by expansive rear-facing windows that showcase stunning views of the community pond and fountain. The owner's suite offers built-in cabinets, dual vaniities, walk in shower and direct access through the walk in closet to the laundry room, ensuring both comfort and convenience. A flex room, currently used as an office, can easily function as an additional living space, craft room or hobby area. The secondary bedroom, located just off the foyer, features a private ensuite bath and walk-in closet, making it ideal for guests. Nestlled in Ladera, a premier 55+ retirement community, residents enjoy Pickleball courts, a resort style pool, a fitness center, and the HUB clubhouse, all included in the community ammenities. Full Upgrade List is located in the supplemental section - don't miss this incredible opportunity.

Investor Tools

Property Icon
$512,000
Estimated Property Value
$322,634Estimated Mortgage Balance
$189,366Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,132 /month
Positive
Cash Flow Estimate:
$1,044 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$325/month
$395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,340
$382,480
2025
N/A
$382,480
$382,480
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,340
$382,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pinncacle Bank
Building Or Construction Loan
$347,478
No
First
Jul 28, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$322,634
$189,366
36%
63%
$2,084/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,830/mo
$2,479/mo
$-649/mo
4.3%

Learn About the Market: Opportunity in Texas

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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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