1531 Stratford Drive
Mansfield, TX 76063
- 4 beds
- 3 baths
- 2,146 sqft
- 8,102 sqft lot
- $179 per sqft
- 1988 build
- – on site
Turnkey Investment in Prime Mansfield Location – Tenant in Place at $2,650 per Month! Investor special in a highly desirable Mansfield neighborhood with top-rated schools (7s & 9s)! This 1988-built single-family rental has been meticulously maintained and updated, making it a true turnkey asset. Major renovations include a new roof (2024), new water heater (2024), plumbing repairs with sewer line replacement (2024), foundation stabilization with steel piers (2022, transferable warranty), and eight new windows (2023). Inside, enjoy modern upgrades like LVP flooring in the main living areas (2024), freshly painted kitchen cabinets with new hardware (2024), and a new dishwasher (2025). The current tenant pays $2,650 per month and has a lease through August 2025, with strong interest in renewing through August 2026 ensuring minimal vacancy risk. Listed at $385K, this is an off-market opportunity to secure a cash-flowing property in a high-demand rental market, at a discounted price. Serious inquiries only. Updated photos coming soon.
Last checked:
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Last updated Apr 1, 2025
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MLS# 20888111 —
The Building
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Year Built:1988
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Structural Style:Single Detached
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Accessibility Features:No
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Basement:No
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Levels:One
Interior
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Interior Features:Other
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Fireplaces Total:1
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Fireplace Features:Double Sided
Room Dimensions
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Living Area:2146.00
Location
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Directions:Take US287 S from Dallas to Mansfield, exit at Walnut Creek Drive, turn left onto Walnut Creek Drive, right onto Country Club Drive, left onto Matlock Road, left onto Hastings Drive, then left onto Stratford Drive to reach 1531 Stratford Drive
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Latitude:32.59581500
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Longitude:-97.11437700
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:No
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Parcel Number:05482518
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Lot Size:Less Than .5 Acre (not Zero)
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Lot Size SqFt:8102.1600
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Lot Size Acres:0.1860
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Lot Size Area:0.1860
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Lot Size Units:Acres
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Exclusions:tenant possessions
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Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Lot:22
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Tax Block:56
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Tax Legal Description:WALNUT CREEK VALLEY ADDITION BLOCK 56 LOT 22
Beds
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Bedrooms Total:4
Baths
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Total Baths:3.00
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Total Baths:3
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Full Baths:3
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20888111
Heating & Cooling
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Heating:Central
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Cooling:Central Air
Utilities
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Utilities:City Sewer
Appliances
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Appliances:Dishwasher, Electric Range
Schools
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School District:Mansfield ISD
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Elementary School:Boren
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Elementary School Name:Boren
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Middle School Name:Wester
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High School Name:Mansfield
The Community
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Subdivision Name:Walnut Creek Valley Add
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Senior Community:No
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Pool:No
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Association Type:None
Parking
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Garage:Yes
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Attached Garage:Yes
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Garage Spaces:2
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Covered Spaces:2
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Parking Features:Garage
Monthly cost estimate
Asking price
$385,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,061
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| Taxes | N/A |
| Insurance | $105 |
| Utilities | $174 See report |
| Total | $2,340/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
