10705 3RD STREET, MANSFIELD, TX 76063

Homes for sale in Mansfield.

Homes for sale in 76063.


Status of the property has changed, please contact for details

List Price$320,000

10705 3rd Street

Mansfield, TX 76063

Listing Image Listing Image

Listing #20922806

2

Bedrooms

2 full

Bathrooms

1,420

Square Feet

2

Number of Units

Multi-Unit Residential

Type

About This Property

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!

Property Features

Location Information

County

Johnson

Subdivision

Paradise Estates

Interior Features

Interior

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

Cooling

Central Air, Ceiling Fan(s)

Full Baths

2

Floors

Engineered Hardwood

Has Fireplace

No

Appliances

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

Number of Fireplaces

0

Total Number of Units

2

Heating

Central, Electric

Accessibility

Accessible Entrance

Exterior Features

Stories

1

Patio / Deck Description

Covered

Construction

Fiber Cement

Pool Description

None

Exterior

RV Hookup

Lot Size in Acres

0.6

Foundation

Slab

Lot Size in Sq. Ft.

26,136

Roof

Metal

Buildings

1

Parking Description

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

Building Total Area (Sq. Ft.)

1,420

Garage Spaces

2

Is One Story

Yes

Fencing

Chain Link, Privacy, Wood

School

Elementary School District

Alvarado ISD

High School

Alvarado

Elementary School

Lillian

Additional Information

Year Built Details

Preowned

Year Built

2005

Property Type

RI

Status

Closed

Property SubType

Duplex

Has a Home Owners Association

No

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