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Rendon 76063
5405 Bennett Lawson Road
$200,000
● Mobile Manufactured - Off Market

5405 Bennett Lawson Road

Mansfield, TX 76063
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,960 Ft²
$235,732
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

2(+) Acres, 3-Beds, 2-Baths in Mansfield ISD. This home & property have endless opportunities with just a little TLC and remodeling. SOLD AS-IS and seller will not make ANY repairs. Make this your home for you & your livestock, add it to your portfolio for passive rental income, and it is **OUTSIDE CITY LIMITS**. This is a Cash, Private Financing, or Hard Money financing ONLY. Enter at your own risk. The Estate selling the home does not carry hazard insurance for the home or property. Any trespassers will be prosecuted and the house along with the surrounding property is monitored 24-7. The listing agent is married to the executor of the Will for the Estate.
Unit Size
1,960 Ft²
Days on Market
-
Land Size
2.04 acres
Price per sqft
$116
Property Type
Mobile Manufactured
Property Taxes
$118
HOA Dues
-
Year Built
1978

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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 #20122722)

Price History

Date / Event Date Event Price
Aug 9, 2022 Sold
Premium
Sold
Jul 24, 2022 Listed by RE/MAX Associates of Mansfield $228,000
Listed by RE/MAX Associates of Mansfield

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 33
  • 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: 672
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 88,862
  • Lot Size Depth Feet: 700
  • Lot Size Frontage Feet: 280
  • Total Building Area: 1,960
  • Gross Building Area: 1,960
  • Building Area: 1,960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,960
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DAVIDSON, WASH SURVEY
  • Land Acres: 0000002040
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • State Land Use Code: A
  • Mobile Home Indicator: T
  • Legal Description 1: DAVIDSON, WASH SURVEY ABSTRACT 393 TRACT 8C15 1978 NUWAY 28 X 70 LB# TEX0099245 NUWAY

Neighborhood

  • School District Name: Mansfield Independent School District
  • School Tax School District: MANSFIELD
  • Census Tract: 111318

Geography

  • Assessors Map Reference: 122-A
  • Account Number: 03842258
  • District: 000
  • Subdivision Tract Number: 8C15
  • Parcel: 03842258
  • Municipality: TARRANT COUNTY
  • Latitude: 32.6001
  • Longitude: -97.2151

    Address

  • Full Address: 5405 Bennett Lawson Rd
  • Address - House Number: 5405
  • Address - Street Name: Bennett Lawson
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Mansfield
  • Carrier Code: R003
  • 4-Digit Zip Code: 3028
  • Zip Code: 76063

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $258,084
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 908

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 255,208
  • High Value: 299,003
  • Low Value: 211,413

    Market Valuation

  • Market Total Value: $149,727
  • Market Land Value: $136,600
  • Market Improvement Value: $13,127

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $149,727
  • Assessed Land Value: $136,600
  • Assessed Improvements Value: $13,127

    Sales

  • Current Sale Contract Date: Mar 29, 2023
  • Current Sale Recording Date: Apr 03, 2023
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 54755
  • Previous Sale Recording Date: Apr 03, 2023
  • Previous Sale Contract Date: Mar 29, 2023
  • Previous Sale Document Type: 33
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 Rendon

Stats & Trends

Median Asking:

$559,000

Sale Price/ft²

$201

Below Asking

0.02%

Average Days on Market

77

Average Home Size

3020 ft²

Average Home Age

30.5 years

Currently For Sale

42 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

Unit for rent at 2216 Cancun Drive, Mansfield, TX, 76063

$2,020 /mo

  • 4 Beds
  • 2 Baths
  • 1,801 ft²
2216 Cancun Drive, Mansfield, TX, 76063 Listing by Kendrea Richmond

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Brandon Stewart, RE/MAX Associates of Mansfield
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20122722
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 5405 Bennett Lawson Road built and last sold?
The property at 5405 Bennett Lawson Road was built in 1978 and last sold on Mar 29, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 5405 Bennett Lawson Road is $0.
What are some comparable homes to 5405 Bennett Lawson Road?
There are currently no comparable homes to 5405 Bennett Lawson Road.
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