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Mansfield 76063 Oakview Estates
3506 Heathcliff Drive
$335,000
● House - Off Market

3506 Heathcliff Drive

Mansfield, TX 76063
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,700 Ft²
$2,257
Est. Monthly
$55
HOA / Fees
5.16%
Cap Rate

About This Property

Lovely 3 bedroom, 2 bath home on corner lot across from jogging trail park. Open concept floor plan with kitchen open to the family room. Wood type floors, gas range, microwave. Updated kitchen and baths. Additional updates include new roof 2023 , exterior paint 2021, Trane HVAC installed 2021, front yard sprinkler system 2020. Side entry garage. Community Pool, jogging trails, clubhouse and playground included. Wonderful location with shopping, dining, and access to Hwy. 287. *Grass enhanced to show potential*
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$200
Property Type
House
Property Taxes
$533
HOA Dues
$55
Year Built
1998

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #20578323)

Price History

Date / Event Date Event Price
May 23, 2024 Sold
Premium
Sold
Apr 12, 2024 Listed by RE/MAX Pinnacle Group REALTORS $340,000
Listed by RE/MAX Pinnacle Group REALTORS

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 2
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,262
  • Total Building Area: 1,700
  • Gross Building Area: 1,700
  • Building Area: 1,700
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,700
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAKVIEW ESTATES ADDITION
  • Land Acres: 0000000213
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A
  • Legal Description 1: OAKVIEW ESTATES ADDITION BLOCK 3 LOT 24R

Neighborhood

  • School District Name: Mansfield Independent School District
  • School Tax School District: MANSFIELD
  • Census Tract: 111406

Geography

  • Assessors Map Reference: 110-S
  • Account Number: 07162073
  • District: 017
  • Parcel: 07162073
  • Block: 3
  • Lot: 24R
  • Municipality: MANSFIELD
  • Latitude: 32.6159
  • Longitude: -97.1427

    Address

  • Full Address: 3506 Heathcliff Dr
  • Address - House Number: 3506
  • Address - Street Name: Heathcliff
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Mansfield
  • Carrier Code: R012
  • 4-Digit Zip Code: 7612
  • Zip Code: 76063

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $487,267
  • Tax Rate Code Area: 908

    Appraisal Valuation

  • Standard Deviation: 0.2245
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 69
  • Final Value: 372,957
  • High Value: 456,721
  • Low Value: 289,192

    Market Valuation

  • Market Total Value: $332,028
  • Market Land Value: $74,410
  • Market Improvement Value: $257,618

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $332,028
  • Assessed Land Value: $74,410
  • Assessed Improvements Value: $257,618

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 03, 2014
  • Current Sale Recording Date: Nov 06, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: D214243302
  • Previous Sale Recording Date: Nov 06, 2002
  • Previous Sale Contract Date: Oct 30, 2002
  • Previous Sale Amount: $133,600
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Oakview Estates

Stats & Trends

Median Asking:

$452,500

Sale Price/ft²

$163

Below Asking

0.01%

Average Days on Market

58

Average Home Size

2762 ft²

Average Home Age

28 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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NTREIS

Listed by: John Pollock, RE/MAX Pinnacle Group REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20578323
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 3506 Heathcliff Drive built and last sold?
The property at 3506 Heathcliff Drive was built in 1998 and last sold on Nov 3, 2014 for $143,000.
How much is this home worth?
The estimated value of the home located at 3506 Heathcliff Drive is $0.
What are some comparable homes to 3506 Heathcliff Drive?
There are currently no comparable homes to 3506 Heathcliff Drive.
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