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$9,500,000

764 S Mitchell Rd, Mansfield, TX, 76063

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,200 Sq Ft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size3.43 acres

Building Information

Year Built1960

Land Information

APNA1024---4------E1
SubdivisionMitchell, Samuel Survey
Land UseResidential
Legal DescriptionMITCHELL, SAMUEL SURVEY ABSTRACT 1024 TRACT 4 4B & 4B2 PORTION W/ RELIGIOUS EXM
Census Tract111312
Assessed Land Value$349,050
Assessed Improvement Value$128,120
Assessment Year2026

About this property

Property is vacant land located south of Heritage Pkwy between US Hwy 287 S and Mitchell Rd. 36.694 Acres according to survey dated May 03, 2018. Engineer estimates six acres in the flood area. Land is located in the middle of a rapidly developing area. New COSTCO facility located a mile South. Highway access road is being developed on the west side, US Hwy 287 S; massive Commercial and Industrial buildings have recently been built to the North; hospital to the NE is expanding and a new hospital has recently opened to the South, and residential homes are rapidly being developed to the South as well as new schools. While all facts provided are believed to be true, buyer and or buyers agent must determine their reliability.

Investor Tools

$0Estimated Mortgage Balance
$477,170Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$57,000 /month
Positive
Cash Flow Estimate:
$19,000 /month

Interested in this property?

Bob Vinson

Bob Vinson Real Estate, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$779/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$477,170
2026
$349,050
$128,120
$477,170
No

Tax History

Year
Tax Paid
Assessed Value
2026
N/A
$477,170

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$477,170
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,800/mo
N/A
+$2,800/mo
7.0%

City: Mansfield

764 S Mitchell Rd | Property Details | No Agent List