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$510,987

205 Lorient Drive, Mansfield, TX, 76063

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,459 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.44 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range
FlooringCarpet, Hardwood, Laminate, Tile

Exterior

Exterior FeaturesBalcony
Lot Size9,557 sqft

Building Information

Year Built2010
Stories2
Garage Spaces2

Land Information

APN44714G-8-3
Lot Number3
SubdivisionVillages At Spring Lake, The
Land UseResidential
Legal DescriptionVILLAGES AT SPRING LAKE, THE BLOCK 8 LOT 3
Census Tract111314
Assessed Land Value$80,000
Assessed Improvement Value$430,987
Assessment Year2025

About this property

Smart, Spacious, and Loaded with Extras Refrigerator, Washer & Dryer Convey! This beautiful home checks every box and then some. The open floor plan, a formal living and dining area, and a kitchen with abundant cabinetry and granite counter space that flows naturally into the main living areas. Upstairs, a large game media room and a loft have been a crowd favorites with everyone who visits make this home as fun as it is functional. Five generously sized bedrooms with universal remote ceiling fans round out the upper level beautifully. The primary suite is a true retreat, complete with an ensuite bathroom and a large walk-in closet. The thoughtful floor plan places everyone comfortably with privacy and room to grow. Smart home features abound a Nest thermostat, a Vivint security system with remote access for the front door and garage, and a stove with built-in air fryer functionality and remote operation make everyday living effortless and efficient. The stove and microwave are less than 2 years old. Solar panels and a side patio are recent additions, and part of the roof is less than 5 years old. Outside, the backyard playground is ready for family fun, while the community pool and park are just nearby. Located in an excellent school district in a quiet, established neighborhood close to area amenities — and the refrigerator, washer, and dryer all convey with the home, making the move-in experience as seamless as possible. This one truly has it all!

Investor Tools

Property Icon
$510,987
Estimated Property Value
$0Estimated Mortgage Balance
$295,984Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,066 /month
Positive
Cash Flow Estimate:
$1,022 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$973/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,125
$510,987
2025
$80,000
$430,987
$510,987
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,125
$510,987

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$243,498
No
First
May 22, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,003
$295,984
57%
42%
$1,460/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$1,900/mo
+$520/mo
5.7%

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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205 Lorient Drive | Property Details | No Agent List