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$635,000

$640,000

2005 Pelican Drive, Mansfield, TX, 76063

$700,531 ARVInfo
On MarketInfo
Just AddedInfo
Price DropInfo
Beds5 Beds
Baths4 Bath
Baths3,887 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.37 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Double Oven, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Wood

Exterior

Lot Size7,579 sqft

Building Information

Year Built2023
Garage Spaces3

Land Information

APN126.4115.20118
Lot Number18
SubdivisionBirdsong Addn Ph 2
Land UseResidential, 5 Acres Or Less
Legal DescriptionLOT 18 BLK 1 BIRDSONG ADDN PH 2
Census Tract130419
Assessed Land Value$135,000
Assessed Improvement Value$560,600
Assessment Year2025

About this property

Open house Saturday June 27th ,2026 12PM to 2PM! Don't miss this stunning, gently lived-in 2-year-old home offering 3,886 square feet of luxury living in one of Mansfield's most desirable communities! Designed for both everyday comfort and entertaining, this impressive home features a chef inspired kitchen with gas cooktop, double ovens, oversized island, quartz countertops, 42 inch cabinetry, and abundant workspace and storage. The formal dining room is perfect for hosting holiday gatherings and special occasions. Oversized living area showcases soaring vaulted ceilings, a decorative fireplace, and a spiral staircase. A private study provides the ideal work from home space. Retreat to the spacious primary suite featuring a large walk in closet and spa like bath with separate vanities, garden tub, and separate shower. Upstairs you'll find a media room complete with a wet bar plus a huge game room with plenty of space for recreation and entertaining. Car enthusiasts will appreciate the oversized 3 car garage featuring epoxy floors, EV charging plug, and extra storage space. Relax outdoors on the covered patio overlooking the large fenced backyard with room for pets, play, or future outdoor amenities. Enjoy all the benefits of community living with access to the neighborhood pool, perfect for cooling off during hot Texas summers. Adjacent is a beautiful city park that offers walking trails, open green space, playgrounds, and covered picnic areas ideal for relaxing, gathering with friends, or enjoying family outings. This exceptional home combines modern finishes, thoughtful design, outstanding amenities, and incredible living space. Easy access to Shopping, Freeways, DFW Airport, Fort Worth and Dallas. Ready for its next owner to enjoy!

Investor Tools

$568,874Estimated Mortgage Balance
$126,726Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$700,530
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,174 /month
Positive
Cash Flow Estimate:
$1,391 /month

Interested in this property?

Ann Weaver

CENTURY 21 Judge Fite Co.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$343/month
$720/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$642
$695,600
2025
$135,000
$560,600
$695,600
No

Tax History

Year
Tax Paid
Assessed Value
2025
$642
$695,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Va
$592,000
Yes
First
Apr 26, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$568,874
$126,726
18%
82%
$3,550/mo

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.

Explore Texas Explore This Area
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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