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$497,000

NAL Estimated Property Value

1503 Evening Primrose Dr, Mansfield, TX, 76063

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,397 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$208.59 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,187 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN126.4106.12310
Lot Number31
SubdivisionM3 Ranch Ph 1a & 1b
Land UseResidential
Legal DescriptionLOT 31 BLK 12 M3 RANCH PH 1A & 1B
Census Tract130419
Assessed Land Value$115,000
Assessed Improvement Value$313,182
Assessment Year2025

About this property

Gently Lived-In John Houston Beauty in Sought-After M3 Ranch! **This home can be for lease as well** Welcome to your dream home in the heart of Mansfield’s premier M3 Ranch community! This stunning 4-bedroom, 2-bathroom John Houston home is practically brand new—gently lived in and meticulously maintained, offering the perfect blend of modern luxury and move-in ready convenience. Step inside to find an open-concept layout filled with natural light, high ceilings, and stylish finishes throughout. The spacious living area flows seamlessly into a chef’s kitchen featuring granite countertops, a large island, stainless steel appliances, and abundant cabinetry—ideal for entertaining or relaxing at home. Retreat to the generous primary suite complete with a spa-like ensuite bath and walk-in closet. Three additional bedrooms provide flexible space for family, guests, or a home office. Outside, enjoy a covered patio and a backyard ready for your personal touch. Located in a master-planned community with top-rated schools, scenic walking trails, and resort-style amenities, this home offers both comfort and lifestyle. Why wait for new construction when this nearly-new gem is ready now? Don’t miss your chance to call this exceptional home yours. Schedule a showing today and experience the M3 Ranch lifestyle firsthand!

Investor Tools

Property Icon
$497,000
Estimated Property Value
$322,432Estimated Mortgage Balance
$174,568Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$336/month
$875/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,541
$428,182
2025
$115,000
$313,182
$428,182
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,541
$428,182

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trinity Oaks Mortgage Llc
Conventional
$344,787
No
First
Nov 16, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$322,432
$174,568
35%
65%
$2,068/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$2,943/mo
$-523/mo
5.8%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Mansfield

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1503 Evening Primrose Dr | Property Details | No Agent List