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$539,900

$545,900

405 Lantern Ridge Dr, Mansfield, TX, 76063

On MarketInfo
Price DropInfo
Beds5 Beds
Baths3 Bath
Baths2,319 Sq Ft
price_per_sqft$232.82 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave

Exterior

Private PoolPrivate Pool
Lot Size19,776 sqft

Building Information

Year Built1986
Stories1
Garage Spaces2

Land Information

APN24753-7-18
Lot Number18
SubdivisionMansfield Country Estates Addn
Land UseResidential
Legal DescriptionMANSFIELD COUNTRY ESTATES ADDN BLOCK 7 LOT 18
Census Tract111318
Assessed Land Value$43,140
Assessed Improvement Value$291,860
Assessment Year2025

About this property

Welcome to Your Personal Paradise with NO HOA! This beautifully updated 5-bedroom, 3-bathroom home is packed with lifestyle upgrades and summer-ready amenities. From the moment you arrive, you’ll see this isn't just a home—it’s a destination. Step into your backyard oasis featuring a sparkling in-ground pool (installed in 2021), perfect for cooling off on Texas summer days, entertaining guests, or creating lifelong memories with family. Custom cabana (added in 2021) completes the scene, offering shaded comfort and resort-style vibes. One of the standout features? A 24x30 detached finished living space (720 sq ft) that’s bricked, foam-insulated, air-conditioned with added heat pump—ideal for a workshop, home gym, creative studio, guest quarters or even additional entertaining space. Inside, you’ll love the updates. Kitchen and bathroom remodels (2020) Laundry room remodel (2023) ?All the heavy lifting has been done—now it's your turn to relax and enjoy. Located in one of the most sought-after school districts—Mansfield ISD, this home offers the perfect blend of comfort, functionality, and style. This is the kind of home where summers are spent outdoors, projects come to life in the shop, and every space is designed to elevate your everyday living.

Investor Tools

$159,918Estimated Mortgage Balance
$175,409Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,239 /month
Positive
Cash Flow Estimate:
$1,080 /month

Interested in this property?

Cassie Nero

Monument Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$585/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,346
$335,000
2025
$43,140
$291,860
$335,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,346
$335,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$180,000
No
First
Sep 28, 2020
Oct 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$159,918
$183,082
53%
48%
$1,080/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$1,080/mo
+$1,340/mo
8.7%

City: Mansfield

405 Lantern Ridge Dr | Property Details | No Agent List