1791 FM 1187

1791 FM 1187 has been categorized by the local assessors in Mansfield, TX as a commercial type of property. The building on the property was first built in 1989 and is 35 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1791 FM 1187 has 5,470 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 38,463 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1791 FM 1187 was last sold in Mar 31, 2020 for $550,000. According to our calculations, that's $100.55 per sqft. Current property owners are expected to pay $10,163 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 1791 FM 1187 was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $440,000. To break that down further, the land itself was valued at $126,542. While improvements to the property were assessed at a total of $313,458. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.