$425,000
1004 Star Grass Dr, Mansfield, TX, 76063
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesConvection Oven, Dishwasher, Disposal, Microwave
FlooringCarpet, Tile
Exterior
Lot Size8,041 sqft
Building Information
Year Built2016
Garage Spaces2
Land Information
APN126.4049.04150
Lot Number15
SubdivisionLone Star Ranch Ph 2
Land UseResidential
Legal DescriptionLOT 15 BLK 4 LONE STAR RANCH PH 2
Census Tract130418
Assessed Land Value$51,000
Assessed Improvement Value$379,963
Assessment Year2025
About this property
FHA available on 12-29-2026*** Located in the Lone Star Ranch community, this home offers an inviting opportunity to enjoy comfortable living in a desirable Mansfield location. Conveniently situated near shopping, dining, schools, and major roadways, the property provides easy access to everyday essentials while maintaining a neighborhood atmosphere. Whether you're looking for a place to call home or an investment opportunity, this property offers the chance to make it your own.
Investor Tools
$268,204Estimated Mortgage Balance
$162,759Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,586 /month
Positive
Cash Flow Estimate:
$862 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$652/month
$150/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,664
$430,963
2025
$51,000
$379,963
$430,963
No
Tax History
Year
Tax Paid
Assessed Value
2025
$5,664
$430,963
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Department Of Housing & Urban Dev
Fha
$25,864
Yes
First
May 4, 2021
Oct 2046
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,204
$162,759
37%
62%
$1,775/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,000/mo
$1,925/mo
+$1,075/mo
8.4%
