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$410,000

1403 Lowes Farm Pkwy, Mansfield, TX, 76063

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,396 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.12 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Disposal, Gas Water Heater, Microwave
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size8,372 sqft

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APN24368-20-20
Lot Number20
SubdivisionLowe's Farm Addition
Land UseResidential
Legal DescriptionLOWE'S FARM ADDITION BLOCK 20 LOT 20
Census Tract111565
Assessed Land Value$70,000
Assessed Improvement Value$319,003
Assessment Year2025

About this property

**Charming Comfort and Modern Conveniences in Mansfield, TX** Discover a delightful blend of classic charm and modern amenities in this beautifully maintained 4-bedroom, 2-bathroom residence, complete with a spacious 2-car garage. Nestled in a desirable neighborhood in Mansfield, this home offers expansive living spaces and thoughtful design elements that cater to both relaxation and functionality. Step inside to find a welcoming interior boasting spacious, airy rooms adorned with neutral paint, creating a versatile backdrop for any decor style. The thoughtfully designed split-bedroom layout ensures privacy and comfort. The heart of the home is the island kitchen, graced with a stunning skylight that bathes the space in natural light. You'll appreciate the abundance of cabinet and counter space, making meal preparation a joy. The primary bathroom features a luxurious garden tub, a separate shower, and a dual sink vanity, delivering a spa-like experience every day. Gather in the family room where a cozy fireplace with a gas starter and gas logs becomes the perfect spot for intimate gatherings and relaxing evenings. Elegant wood flooring flows through the hallways, kitchen, and breakfast area, enhancing the home's warm ambiance. A versatile fourth bedroom at the front of the home is ideal for a home office or guest room. The formal living and dining spaces near the entryway offer the perfect venues for entertaining guests. Step outside to enjoy a covered back patio, ideal for al fresco dining and leisure, with a nicely sized fenced backyard providing privacy and room for outdoor activities. Additional features include full gutters and a full sprinkler system to maintain the landscape with ease. This property is a true gem, offering comfort, style, and convenience in a prime Mansfield location with easy access to freeways. Also, enjoy the Community Pool, Playground and Amenity Center within walking distance. Make this Dream Home your Reality Today!

Investor Tools

$127,673Estimated Mortgage Balance
$288,327Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,496 /month
Positive
Cash Flow Estimate:
$832 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$338/month
$815/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,972
$389,003
2025
$70,000
$319,003
$389,003
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,972
$389,003

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Royal United Mortgage Llc
Conventional
$144,000
No
First
Dec 3, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,673
$288,327
69%
31%
$864/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,800/mo
$1,679/mo
+$1,121/mo
8.1%

City: Mansfield

1403 Lowes Farm Pkwy | Property Details | No Agent List