10705 3rd ST new

Mansfield,TX 76063

$ 320000

2 Beds

2 Baths

1420 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,420 sqft

Price per Sqft $225

Subdivision Paradise Estates

MLS Listing ID 20922806

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 2005

Lot Size 0.600 Acres

Acres 0.6

Property Sub-Type Duplex

Property Description

Excellent Income Opportunity on half an Acre in Mansfield.
Discover the perfect blend of peaceful country living and smart investing with this unique residential income property nestled on a spacious 0.6 acre lot in unincorporated Johnson County. Enjoy all the perks of a Mansfield address without the burden of city taxes!
This well-maintained duplex offers two charming, mirror-image units, boasting of 702 square feet per unit. Each featuring 1 bedroom with a dedicated office nook, 1 full bath, a comfortable living room, full kitchen, a dining space, and a separate laundry room. One unit is leased through May 2026 for $1,200 per month while the other side is currently vacant and ready for its new owner or tenant. Both units had a new HVAC and new water heaters installed within the last two years.
The back of the property also generates income with two full-service RV hookups which includes water and sewer. These are ideal for short-term or long-term rental opportunities. One RV spot is currently leased at $600 per month on a month-to-month lease and the second RV spot is currently owner occupied, but available for a new tenant. There is even a RV laundry location available for those leasing these spaces, making these lease sites highly desirable.
This is a great opportunity to live on-site while generating income, or a perfect setup for an investor looking to expand their portfolio.
Located just minutes from Mansfield's shopping, dining, and major highways, yet tucked away in a quiet, rural setting, this property offers the best of both worlds.
Don't miss this rare chance to own a flexible, income-producing asset in a high-demand area!

Location

State TX

County Johnson

Direction GPS is accurate.

Interior

Interior Features Open Floorplan,Cable TV,Walk-In Closet(s)

Heating Central,Electric

Cooling Central Air,Ceiling Fan(s)

Flooring Engineered Hardwood

Fireplace No

Appliance Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater,Microwave,Refrigerator

Exterior

Exterior Feature RV Hookup

Parking Features Additional Parking,Circular Driveway,Gravel,Oversized,RV Access/Parking

Carport Spaces 2

Fence Chain Link,Privacy,Wood

Pool None

Utilities Available Electricity Available,Phone Available,Septic Available,Cable Available

Water Access Desc Rural

Roof Type Metal

Accessibility Accessible Entrance

Porch Covered

Total Parking Spaces 4

Garage No

Building

Foundation Slab

Sewer Aerobic Septic

Water Rural

Level or Stories One

Schools

Elementary Schools Lillian

High Schools Alvarado

School District Alvarado Isd

Others

Tax ID 54270

Security Features Smoke Detector(s)

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20922806

View More
Favorite Go Tour