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$530,000

Beds
3
Baths
3.0
sq ft
2,417

8 Velvet Ct, Mansfield, TX 76063

8 Velvet Ct

Mansfield, TX 76063

  • 7 days on market
This stunning one-story home in the prestigious Arbors of Creekwood has it all! Recently updated gutters with leaf guard, Trane HVAC, modern paint, updated flooring throughout, pool & spa with heater, stainless steel appliances, and stylish new light fixtures. Nestled just a few blocks from the exemplary Willie Brown Academy and top-rated Mansfield ISD schools, this home offers both luxury and convenience. Enjoy easy access to Hwy 360, Hwy 287, and newly built shops and grocery stores just minutes away. Situated on a spacious corner cul-de-sac lot, this home features a charming covered front porch and a backyard oasis with a covered patio, sparkling pool and spa. Inside, a wall of windows floods the space with natural light, while the formal dining and living room or study makes the home versatile for all the family needs. The open floor plan with vaulted ceilings connects the main living area, kitchen, and breakfast nook—perfect for entertaining.

Details

Property type

Single Family Residence

Est. home value

$487,222

Lot size

0.302 acres

Price per sq ft

$220

Year built

1996

Annual property taxes

$10,643

Monthly HOA fee

$33.33

Price History

03/28/2025
NTREIS

NTREIS #20882159

Listed
$530,000
11/21/2022
NTREIS

NTREIS #20131123

Removed

Schools & Community

Elementary school: 

Brown

Middle school: 

Worley

High school: 

Mansfield

School district: 

Mansfield ISD

Negotiation Insights

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

Seller could get up to

$204,301
Asking price
$530,000
Closing costs (~8% of asking)
-$42,400
Est. remaining loan balance
-$283,299
Cash to seller
$204,301

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

November 2022

Original loan amount

$291,000

Est. remaining balance

$283,299

Interest rate

6.66%

Loan type

New Conventional, 30 year

Seller

Jenna B Sanders and Richard Evan Sanders

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: 04/04/2025 at 6:40 PM

Listing updated: 03/29/2025 at 5:21 AM

Listed by: Kelley Harris, Better Homes & Gardens, Winans Phone #: (817) 540-2905

MLS: NTREIS #20882159

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