1531 Stratford Drive
Mansfield, TX 76063
2146 sqft | 4 beds | 3 baths | 0.19 acres | #20888111
Description
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.
Property Details
- SubdivisionWalnut Creek Valley Add
- Property SubtypeSingle Family Residence
- School DistrictMansfield ISD
- Utility FeaturesCity Sewer
- Property TypePurchase
- MLS #20888111
- MLS #20888111
- Square Feet2146.00
- CountyTarrant
- Acres0.1860
- Cost385000
- InteriorOther
- Elementary SchoolBoren
- Year Built1988
- Fireplaces1
- Bedrooms4
- Bathrooms3
- Full Baths3
- Parking Spaces2
Location
Legal
© 2023 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Tracy Wilson Group shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright
Last Updated: . Source: NTREIS
Listing Courtesy
Listing Agent: Victor Steffen (#0743891), Phone: (570) 780-1838
Listing Office: eXp Realty LLC (#XPTY01)
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