Tarrant Value

516 Elizabeth Ln, Mansfield, TX 76063

1,535 sqft, built 1966, in Sallie Gray Maxwell Addition. Appraised at $192,444 for 2026.

Tarrant County account 02175533

Possibly too high

about $12,000

8 similar homes nearby point to a value about $12,000 lower than yours.

Appraised value$192,444
Similar homes$180,516
$11,928 gap · bars start at $0

How sure: High · 8 similar homes (5 shown below) · public records only

Appraised value
$192,444
Tax year 2026 · after any cap, before exemptions
Living area
1,535 sqft
$125 per sqft
Year built
1966

Why we think so

Unequal assessment

Moderate

5 of 8 similar homes are assessed lower per square foot. Their similarity-weighted median is $116.72/sqft, but land is valued apart from the home, and some of them have less land value per square foot of home than yours, which counts as $30,000. Counting your land in place of theirs where theirs is less, they support a value of $180,516.

Compare this assessment

Start with the county value and property facts, then review appraisal comps, recent sales, and prior-year changes to decide whether the assessment is worth challenging. The comps on this page are free to review; email sign-in is only used to save a printable report.

For nearby context, browse ZIP 76063, Sallie Gray Maxwell Addition, and Mansfield assessment pages.

Protest deadline

The 2026 protest deadline was . The 2027 protest deadline is . 2027 notices usually arrive in April.

Deadline rule: May 15, or 30 days after your notice of appraised value is mailed, whichever is later. A deadline on a weekend or holiday moves to the next business day. Evidence is reviewed by the Appraisal Review Board (ARB). Dates checked against the official source.

Assessment snapshot

These public TAD records highlight what may be worth checking before you file.

  • Assessment changeThe appraised value stayed about the same, from $192,444 in 2025 to $192,444 in 2026.
  • Appraised value per square footThe current public record shows about $125 per square foot before any comparable-property adjustments.
  • Nearby comparison areaThis page starts the equity review with public records for the Sallie Gray Maxwell Addition neighborhood and ZIP 76063.
  • Neighborhood value signalAmong 774 residential records in the same neighborhood, the average appraised value is about $153 per square foot.
  • Area year-over-year signalNearby residential records with prior-year values moved about +3.5% on average.

Comparable assessments

Showing 5 of the 8 similar homes in this property's equity comparison, from public appraisal records.

  • 514 Elizabeth Ln, Mansfield, TX 76063
    1,556 sqft | $99/sqft | built 1960 | Similar size (1,556 vs 1,535 sqft); Similar lot size (11,199 vs 11,029 sqft); Same neighborhood
    $153,731
  • 419 McKown Dr, Mansfield, TX 76063
    1,572 sqft | $117/sqft | built 1970 | Similar size (1,572 vs 1,535 sqft); Similar age (1970 vs 1966); Similar lot size (11,561 vs 11,029 sqft)
    $183,476
  • 401 Sunnyview Ct, Mansfield, TX 76063
    1,509 sqft | $106/sqft | built 1979 | Similar size (1,509 vs 1,535 sqft); Similar lot size (11,093 vs 11,029 sqft); Same neighborhood
    $160,000
  • 412 McKown Dr, Mansfield, TX 76063
    1,468 sqft | $134/sqft | built 1970 | Similar size (1,468 vs 1,535 sqft); Similar age (1970 vs 1966); Similar lot size (11,641 vs 11,029 sqft)
    $196,110
  • 513 Elizabeth Ln, Mansfield, TX 76063
    1,485 sqft | $115/sqft | built 1968 | Similar size (1,485 vs 1,535 sqft); Similar age (1968 vs 1966); Lot 11% smaller (9,868 vs 11,029 sqft)
    $170,049

Recent comparable sales

Sales selected by similarity to the subject property. Texas is a non-disclosure state, so these MLS-listed sales are supplemental evidence.

Public appraisal comparison for 2026. Prepared . Appraisal source: Tarrant Appraisal District. Sales data checked in this snapshot: . Matches consider available size, age, location and property characteristics. How comparisons work.

Value history

No change in 2026 from 2025.

Appraised value by tax year, with the change from the previous year listed
Tax yearAppraised valueChangeChange %
2026$192,444$00.0%
2025$192,444−$44,556−18.8%
2024$237,000$00.0%
2023$237,000+$17,534+8.0%
2022$219,466+$122,497+126.3%
2021$96,969——
5-year total+$95,475+98.5%