10705 3rd Street
Mansfield, TX 76063
- 2 beds
- 2 baths
- 1,420 sqft
- ~1/2 acre lot
- $225 per sqft
- 2005 build
- – on site
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!
Last checked:
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Last updated May 5, 2025
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MLS# 20922806 —
The Building
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Year Built:2005
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Year Built Details:Preowned
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Patio And Porch Features:Covered
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Security Features:Smoke Detector(s)
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Accessibility Features:Accessible Entrance
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Accessibility Features:Yes
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Roof:Metal
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Basement:No
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Foundation Details:Slab
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Levels:One
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Construction Materials:Fiber Cement
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Building Area Total:1420.00
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Building Area Source:Owner
Interior
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Interior Features:Cable TV Available, Open Floorplan, Walk-In Closet(s)
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Flooring:Engineered Wood
Location
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Directions:GPS is accurate.
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Latitude:32.52387900
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Longitude:-97.18697700
The Property
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Property Type:Residential Income
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Property Subtype:Duplex
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Parcel Number:54270
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Lot Size:.5 to < 1 Acre
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Lot Size SqFt:26136.0000
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Lot Size Acres:0.6000
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Lot Size Area:0.6000
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Lot Size Units:Acres
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Fencing:Chain Link, Privacy, Wood
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Exterior Features:Covered Patio/Porch, RV Hookup
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# of Buildings:1
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Waterfront:No
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Dock Permitted:No
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Lake Pump:No
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Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Lot:64
Beds
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Bedrooms Total:2
Baths
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Total Baths:2.00
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Total Baths:2
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Full Baths:2
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20922806
Heating & Cooling
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Heating:Central, Electric
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Cooling:Ceiling Fan(s), Central Air
Utilities
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Utilities:Aerobic Septic, Co-op Electric, Phone Available, Rural Water District
Appliances
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Appliances:Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
Schools
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School District:Alvarado ISD
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Elementary School:Lillian
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Elementary School Name:Lillian
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Jr High School Name:Alvarado
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High School Name:Alvarado
The Community
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Subdivision Name:Paradise Estates
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Pool:No
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Association Type:None
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Complex Name:Paradise Estates
Parking
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Garage:No
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Attached Garage:No
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Carport Spaces:2
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Covered Spaces:2
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# of Parking Spaces:4
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Parking Features:Additional Parking, Circular Driveway, Gravel, Oversized, RV Access/Parking
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).