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
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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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