tomo logo

$589,000

Beds
3
Baths
3.0
sq ft
2,112

5204 Mansfield Rd, Arlington, TX 76017

5204 Mansfield Rd

Arlington, TX 76017

  • 16 days on market
    • Price drop $46,000↓
Discover the perfect blend of country charm and city convenience with this newly updated 3-bedroom, 3-full bath home situated on nearly 2 acres. This unique property offers endless possibilities for multigenerational living or creating your own urban farm. New in late 2024; Carrier HVAC, all new kitchen appliances, carpet and luxury vinyl plank throughout home, new light fixtures and fans, and freshly painted kitchen cabinets! With nearly 2 acres, you have the freedom to build your dream home at the back of the lot, perfect for multigenerational housing or additional investment properties. Bring your chickens or horses and experience the joys of country living right in the city. This property is zoned to allow up to 6 homes, making it a fantastic investment opportunity for the future (see attached concept plan). Home has private water well AND access to city water.

Details

Property type

Single Family Residence

Est. home value

$551,207

Lot size

1.983 acres

Price per sq ft

$279

Year built

1970

Annual property taxes

$11,903

Price History

03/30/2025
NTREIS

NTREIS #20878170

Price change
$589,000
-7.24%
03/21/2025
NTREIS

NTREIS #20878170

Listed
$635,000
08/01/2024
NTREIS

NTREIS #20532010

Removed

Schools & Community

Neighborhood: 

Southwest

Elementary school: 

Anderson

Middle school: 

Howard

High school: 

Summit

School district: 

Mansfield ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Dallas Mortgage Associates

Loan start date

June 2023

Original loan amount

$451,200

Est. remaining balance

Not provided

Interest rate

6.39%

Loan type

Stand Alone First, 30 year

Seller

Amanda Musick Armstrong and Andrew Armstrong

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/06/2025 at 4:15 PM

Listing updated: 03/30/2025 at 3:56 PM

Listed by: John Prell, Creekview Realty Phone #: (214) 696-4663

MLS: NTREIS #20878170

NTREIS logo

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