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$551,207Estimated home value

Beds
4
Baths
4.0
sq ft
2,112

5204 Mansfield Rd, Arlington, TX 76017

5204 Mansfield Rd

Arlington, TX 76017

  • Off market
    • Price drop $40,000↓
Welcome to 5204 Mansfield Rd, an exceptional opportunity for developers and investors looking to make their mark in Arlington! This prime piece of real estate spans just under 2 acres, presenting a canvas for a visionary concept plan to construct six stunning residential homes. Situated in a desirable location, this property provides the perfect balance of tranquility and accessibility. The concept plan has been thoughtfully designed to maximize the use of space while maintaining a harmonious blend with the surrounding environment. The potential for a beautifully landscaped community awaits those with a keen eye for development. With nearly 2 acres at your disposal, there is ample room to bring your vision to life and create a unique residential enclave.Nestled in Arlington, this property offers a peaceful retreat while being conveniently close to essential amenities, schools, and major thoroughfares. Contact us today to explore this rare opportunity!

Details

Property type

Single Family Residence

Est. home value

$551,207

Lot size

1.983 acres

Price per sq ft

$273

Year built

1970

Annual property taxes

$8,070

Price History

08/01/2024
NTREIS

NTREIS #20532010

Removed
06/10/2024
NTREIS

NTREIS #20532010

Price change
$575,000
-6.5%
05/09/2024
NTREIS

NTREIS #20532010

Price change
$615,000
-5.38%

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: Off Market

Tomo last checked: 10/05/2024 at 7:40 PM

Listing updated: 06/10/2024 at 7:33 PM

Listed by: Tana Springer, HP Commercial LLC Phone #: (817) 781-9803

MLS: NTREIS #20532010

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