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$385,000

1911 Enchanted Ln, Mansfield, TX, 76063

$490,363 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,649 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.34 / sqft
Year BuiltBuilt in 2002

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, Electric Oven, Disposal, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size9,622 sqft

Building Information

Year Built2002
Stories2
Garage Spaces2

Land Information

APN12753G-4-8
Lot Number8
SubdivisionEnchanted Acres Estate
Land UseResidential
Legal DescriptionENCHANTED ACRES ESTATE BLOCK 4 LOT 8
Census Tract111311
Assessed Land Value$80,000
Assessed Improvement Value$366,104
Assessment Year2025

About this property

JUST LISTED in one of Mansfield’s highly desirable established areas! Priced for a quick sale, this home combines a versatile floor plan, mature surroundings, and a backyard setting that is increasingly hard to find. A NEW ROOF will be installed prior to closing, one of the AC units was replaced in 2023, and the retaining wall was redone in 2018, giving buyers the benefit of several significant improvements already addressed. Inside, the flexible layout features a dedicated office, formal dining room, spacious family room with wood flooring, and a primary suite with dual vanities, separate shower, jetted garden tub, and large walk-in closet. Upstairs, a second living area offers plenty of flexibility for a game room, media space, playroom, or additional retreat. Step outside to the covered back patio overlooking natural green space, providing a more private and peaceful setting with no typical backyard view directly behind you. Additional features include a storm shelter in the garage and plenty of opportunity for buyers to add their own cosmetic touches over time. With its established Mansfield location, flexible living spaces, private-feeling backyard, upcoming new roof, and aggressive pricing, this is an opportunity worth seeing in person.

Investor Tools

$147,198Estimated Mortgage Balance
$358,802Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$490,362
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,036 /month
Positive
Cash Flow Estimate:
$1,012 /month

Interested in this property?

Paul Fritz

Fritz Realty Group LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,047/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,035
$446,104
2025
$80,000
$366,104
$446,104
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,035
$446,104

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$195,000
No
First
Jun 4, 2015
Jul 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,198
$358,802
70%
29%
$1,170/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$1,170/mo
+$1,250/mo
5.7%

City: Mansfield

1911 Enchanted Ln | Property Details | No Agent List