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$846,932

NAL Estimated Property Value

506 Cody Lane, Mansfield, TX, 76063

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,412 Sq Ft
price_per_sqft$165.46 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

BankruptcyPre-ForeclosureHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Lot Size10,672 sqft

Building Information

Year Built2019
Garage Spaces3

Land Information

APN3123M-7-31
Lot Number31
SubdivisionBower Ranch Addition
Land UseResidential
Legal DescriptionBOWER RANCH ADDITION BLOCK 7 LOT 31
Census Tract111319
Assessed Land Value$110,000
Assessed Improvement Value$736,932
Assessment Year2025

About this property

Step into luxury with this stunning 5-bedroom, 4-bathroom estate built by Gallery Custom Homes, located in the prestigious Bower Ranch subdivision of Mansfield, TX. Perfectly designed for spacious living and elegant entertaining, this home offers a thoughtful layout featuring the primary suite downstairs and remaining bedrooms upstairs, ideal for both privacy and functionality. Highlights Include: Oversized home office with beautiful wood & glass French doors, 3 expansive living areas + 2 dining areas, state-of-the-art media room for the ultimate movie nights, gourmet kitchen with custom ultra-modern cabinets, stainless steel appliances, double ovens, 5-burner cooktop & butler’s pantry, an elegant, curved staircase with wrought iron railings. a beautiful estate-style fireplace, gleaming hardwood floors and granite countertops throughout, a luxurious primary suite with huge private bathroom with a jetted tub, and an oversized walk-in shower with seating. The large wrap-around covered patio is perfect for outdoor entertaining! This home is just minutes from top-rated Mansfield ISD schools, shopping, dining, and entertainment. Enjoy luxury, convenience, and Texas charm in one of Mansfield’s most sought-after communities.

Investor Tools

Property Icon
$846,932
Estimated Property Value
$599,653Estimated Mortgage Balance
$247,279Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,082 /month
Positive
Cash Flow Estimate:
$1,694 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,485/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,590
$846,932
2025
$110,000
$736,932
$846,932
No

Tax History

Year
Tax Paid
Assessed Value
2025
$13,590
$846,932

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$647,000
No
First
Jul 26, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$599,653
$247,279
29%
71%
$3,880/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.

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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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506 Cody Lane | Property Details | No Agent List