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$435,000

2506 Melrose Dr, Mansfield, TX, 76084

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,231 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.98 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Luxury Vinyl Plank

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size6,504 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN126.4068.35040
Lot Number4
SubdivisionSomerset Addition Ph 2
Land UseResidential
Legal DescriptionLOT 4 BLK 35 SOMERSET ADDITION PH 2
Census Tract130419
Assessed Land Value$95,000
Assessed Improvement Value$313,415
Assessment Year2026

About this property

Located in Somerset in Mansfield, this inviting 3-bedroom, 2-bathroom home offers a dedicated office and an open-concept layout filled with natural light. Modern features and accent walls in the living room and primary bedroom add style and personality. The spacious kitchen features a large island, gas range, stainless steel appliances, and granite countertops, flowing seamlessly into the main living area for easy everyday living and entertaining. Step outside to a covered backyard patio, perfect for relaxing or gathering with guests. Enjoy community amenities including a clubhouse, community pool, jogging and biking paths, and a park. Don’t miss your opportunity to make this home yours—schedule your private showing today and experience everything it has to offer!

Investor Tools

$267,134Estimated Mortgage Balance
$147,866Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,610 /month
Positive
Cash Flow Estimate:
$870 /month

Interested in this property?

Chantile Evans

C21 Fine Homes Judge Fite

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$722/month
$907/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,587
$408,415
2026
$95,000
$313,415
$408,415
No

Tax History

Year
Tax Paid
Assessed Value
2026
$6,587
$408,415

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pulte Mortgage Llc
Conventional
$297,674
No
First
Jun 18, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,134
$147,866
35%
64%
$1,785/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$2,692/mo
+$178/mo
8.3%

City: Mansfield

2506 Melrose Dr | Property Details | No Agent List