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$393,000

2605 Cherokee Ct, Mansfield, TX, 76063

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,133 Sq Ft
price_per_sqft$177.68 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater, Microwave
FlooringHardwood, Laminate

Exterior

Lot Size6,996 sqft

Building Information

Year Built2004
Stories1
Garage Spaces2

Land Information

APN42438D-1-28
Lot Number28
SubdivisionTrails, The
Land UseResidential
Legal DescriptionTRAILS, THE BLOCK 1 LOT 28
Census Tract111551
Assessed Land Value$65,000
Assessed Improvement Value$311,404
Assessment Year2025

About this property

The house is perfect, splendid, eye-catching and luxurious Unique design. With good maintenance Care, New floors, New paint, New Appliances, New Upgrade Counter Top of the Kitchen, and 2 Bathrooms. Open floor plan, spacious living room, high ceilings create an airy home space. There are dinning room, office, and game room, more space room for your needing. New Grass seeds have just been sown for the front and back yards. The house is close and convenient to shopping areas and highway 287. Don't wait any longer, make an appointment today to see this wonderful home.

Investor Tools

Property Icon
$393,000
Estimated Property Value
$367,630Estimated Mortgage Balance
$32,948Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,358 /month
Positive
Cash Flow Estimate:
$786 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$877/month
$154/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,560
$376,404
2025
$65,000
$311,404
$376,404
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,560
$376,404

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Conventional
$367,630
No
First
Mar 14, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$360,052
$32,948
8%
92%
$2,205/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$2,359/mo
+$61/mo
7.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Mansfield

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2605 Cherokee Ct | Property Details | No Agent List