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1804 Rockwood Ln
Score
79
Mansfield, TX

1804 Rockwood Ln

885K
4 bd • 4 ba • 3,536 sf

This analysis was generated on 6/20/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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Property Overview

List Price
$885,000
+75%vs 76063
Price/Sq.Ft
$250
+33%vs 76063
Within Fair Range
within range

Current Price

$885,000

Fair Range

$860,000 - $900,000

$885,000
Below Market-20%
Above Market+20%

Negotiation Leverage

3 points to consider in your offer

Recommended Offer

$870,000
Success Probability:High(75%)

AI Rationale

The offer reflects the market's cooling trend and the property's higher price. The seller's previous price reduction indicates potential motivation, and the market's corrective phase favors buyers.

Overall Score
79
88
Home Condition
85
Natural Light
81
Value
68
Location

Visual Insights

AI-analyzed spaces with reimagining capabilities

Orange Accent Wall
Orange Accent Wall

Orange Accent Wall

The orange accent wall in the game room may be too bold for some buyers.

Patterned Laundry Room Tile
Patterned Laundry Room Tile

Patterned Laundry Room Tile

The patterned tile in the laundry room is a specific style that may not be universally liked and could be a point of contention for some buyers.

Dark Gray Bedroom Accent Wall
Dark Gray Bedroom Accent Wall

Dark Gray Bedroom Accent Wall

The dark gray accent wall in one of the bedrooms, while stylish, may make the room feel smaller and darker.

Dark Grout in Bathroom
Dark Grout in Bathroom

Dark Grout in Bathroom

The dark grout in the bathroom with white subway tile could show staining over time and require more maintenance.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$0

No required renovations identified

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Ownership History

Previous ownership changes and transaction details

Oct
2023
$0Cash Purchase
October 16, 2023
From:Erwin Homann
To:Melisa Homann, Daniel Erwin Homann
Transfer On Death Deed
Non-Arm's Length Transactions

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$885,000
-30%List: $885,000+30%
20%
$177,000of $885,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $3,717/year, HOA: $54/month

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$235,868
Closing Costs
+$58,868
Down Payment
$177,000
Buyer Agent Fee
$22,568
Loan Fees
$7,080
Title & Escrow
$5,310
Inspections
$900
Transfer Tax
$9,735
Prepaid Expenses
$13,275

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Buyer Power
Market Speed
23 days
vs 53 day average
This home has been listed for 23 days, while homes in this area typically sell in 53 days
Inventory Health
360
homes for sale
109 homes sold last month, indicating 3.3x more supply than demand
Price Dynamics
97.9%
of asking price
Homes typically sell for 2.1% below asking price

Price Trajectory

$473,000
Current median price
+5.5%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Market Is stable
Prices are up 0.6% over the last 3 months
3 Months
+0.6%
6 Months
-6.4%
1 Year
+5.5%

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Days on market increasing 8.9% over the past 3 months suggests growing buyer leverage.

Historical Comparison
Current Value
$473,000
3 Months Ago
$338,000
+39.9%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$885,000
Price/sqft
$250
Layout
4 bd4 ba
Days on market
23 daysat time of analysis

Stats in the Area

Based on 3 comparable properties nearby

Average Price

$670,630

32.0%

Your price is 32.0% above average

Median Price

$586,900

50.8%

Based on 3 recent sales

Price per Sq.Ft

$206

21.5%

Your price is 21.5% above average $/sqft

Comparable Properties

1203 Killian Drive, Mansfield, TX 76063
Price: $586,900
Sq.Ft: 3,265
Beds/Baths: 4/4
$/Sq.Ft:
$18028.2%
Sale Date: 4/24/2025
904 Killian Drive, Mansfield, TX 76063
Price: $565,000
Sq.Ft: 2,863
Beds/Baths: 4/4
$/Sq.Ft:
$19721.2%
Sale Date: 4/21/2025
2105 Hamilton Park Drive, Mansfield, TX 76063
Price: $859,990
Sq.Ft: 3,560
Beds/Baths: 4/5
$/Sq.Ft:
$2423.5%
Sale Date: 1/4/2025

Schools

Details about nearby schools in this area

Climate Risks

Assessment of climate-related hazards for this property

Major Risk Profile

This property has 0 severe, 1 major, and 2 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Tour Checklist

Key items to inspect during your property tour

Test all appliances, including double ovens, dishwasher, gas cooktop, microwave, tankless water heater, and wine cooler.

Check all windows and doors for proper sealing and operation, paying close attention to those facing the 'beautiful view'.

Inspect the HVAC system, including the central air and natural gas heating, for age, condition, and maintenance records.

Questions to Ask

Important questions to ask during the tour

What is the age of the roof, and are there any warranties still in effect?

Can you provide documentation for all appliance warranties, including the tankless water heater and wine cooler?

Why was the listing removed and relisted in December 2024, and what feedback was received during that period?

Showing critical items first. Click any item to see why it's important. Red icons indicate highest priority items that should not be missed.

Property Discussion

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