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$921,585

1503 M3 Ranch Rd, Mansfield, TX, 76063

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,063 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.84 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size11,195 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN126.4106.18020
Lot Number2
SubdivisionM3 Ranch Ph 1a & 1b
Land UseResidential
Legal DescriptionLOT 2 BLK 18 M3 RANCH PH 1A & 1B
Census Tract130419
Assessed Land Value$115,000
Assessed Improvement Value$806,585
Assessment Year2025

About this property

Spectacular 2-story brick home with 4 bedrooms, 4.5 baths, study, downstairs media room with wet bar, game room, oversized covered patio and 3-car split garage on an 11,200sf lot. This home features soaring ceilings, wood floors, fireplace and gourmet kitchen with built-in KitchenAid appliances and custom shaker cabinets! The main bathroom is oversized with a free standing tub, oversized shower and 2 walk-in closets. Great location within the community of M3 Ranch!

Investor Tools

Property Icon
$921,585
Estimated Property Value
$821,235Estimated Mortgage Balance
$145,528Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,530 /month
Positive
Cash Flow Estimate:
$1,843 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,505/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$921,585
2025
$115,000
$806,585
$921,585
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$921,585

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Va
$821,235
Yes
First
May 3, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$776,057
$145,528
15%
84%
$4,924/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,000/mo
$5,624/mo
$-2,624/mo
3.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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 M3 Ranch Rd | Property Details | No Agent List