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$659,000

501 Upper Falls Lane, Mansfield, TX, 76063

$659,372 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,305 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.39 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesGas Range

Exterior

Lot Size9,060 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN126.4106.02010
Lot Number1
SubdivisionM3 Ranch Ph 1a & 1b
Land UseResidential
Legal DescriptionLOT 1 BLK 2 M3 RANCH PH 1A & 1B
Census Tract130419
Assessed Land Value$115,000
Assessed Improvement Value$654,826
Assessment Year2025

About this property

Better than new construction! This beautifully upgraded American Legend home offers 3,220+ sq ft of thoughtfully designed living space on a premium 9,060 sq ft corner lot in highly sought-after M3 Ranch.Welcome to 501 Upper Falls Ln — a 4-bedroom, 3-bathroom home with an office, game room, and media room. Energy-efficient solar panels help reduce electricity costs by approximately $150–$200month, and seller is willing to pay off the solar system at closing with a strong offer. Inside, you’ll find soaring ceilings, wood flooring, and a gourmet kitchen with double ovens, custom cabinetry, and a large island—perfect for entertaining. The open-concept layout includes a spacious family room, dedicated office, game room, and media room. The private primary suite features a rare, oversized spa-style bathroom with a jacuzzi-style soaking tub, separate shower, dual vanities, and a large walk-in closet—an upgrade not commonly offered in newer builder homes. Enjoy outdoor living with a covered patio and an expansive backyard on a 9,060 sq ft corner lot, with plenty of space for a future pool. Move-in ready with premium upgrades, established landscaping, and no builder delays—this home offers exceptional value compared to new construction.

Investor Tools

$517,058Estimated Mortgage Balance
$252,768Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$659,372
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,619 /month
Positive
Cash Flow Estimate:
$1,540 /month

Interested in this property?

Marisol Gallegos

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$548/month
$735/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,732
$769,826
2025
$115,000
$654,826
$769,826
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,732
$769,826

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$548,100
No
First
Apr 24, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$517,058
$252,768
32%
67%
$3,287/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,000/mo
$4,022/mo
$-1,022/mo
4.7%

City: Mansfield

501 Upper Falls Lane | Property Details | No Agent List