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$515,000

NAL Estimated Property Value

5109 Oldcastle Drive, Mansfield, TX, 76063

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,116 Sq Ft
price_per_sqft$165.28 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Convection Oven, Vented Exhaust Fan
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size14,505 sqft

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APN44714G-1-114
Lot Number114
SubdivisionVillages At Spring Lake, The
Land UseResidential
Legal DescriptionVILLAGES AT SPRING LAKE, THE BLOCK 1 LOT 114
Census Tract111314
Assessed Land Value$80,000
Assessed Improvement Value$314,014
Assessment Year2025

About this property

Welcome to this beautifully updated 3,116 sq ft home in the highly sought-after Views at Spring Lake, known for its larger lots, scenic surroundings, and lake access. Situated on an oversized corner lot of over one-third acre along National Parkway, this property offers the perfect blend of space, privacy, and convenience with quick access to Hwy 360. Backing to Corps of Engineers land, the home enjoys a rare, private setting with a cleared easement to the lake—ideal for fishing, kayaking, and taking in peaceful water views right from your backyard. Inside, this fully renovated home shows like new with fresh neutral paint, all new windows, luxury wood-look vinyl flooring, and updated lighting throughout. The open-concept kitchen is a true standout, featuring freshly painted cabinetry, stone countertops, upgraded appliances, a large island, and abundant natural light—perfect for entertaining and everyday living. The flexible layout includes 4 bedrooms, 2 full baths, and 1 half bath, with all primary living spaces and bedrooms conveniently located downstairs. Upstairs, a spacious game room retreat offers a built-in desk, half bath, attic access, custom finishes, and a stylish sliding wood-and-glass door—ideal for game nights, work, or media space. Additional highlights include 2 living areas, 2 dining areas, a beautifully updated fireplace, fresh landscaping, and a move-in ready design throughout. If you’re searching for a fully updated home with a large lot, lake access, water views, and a prime location—this one checks every box.

Investor Tools

Property Icon
$515,000
Estimated Property Value
$31,633Estimated Mortgage Balance
$483,367Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,090 /month
Positive
Cash Flow Estimate:
$1,030 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$636/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,055
$394,014
2025
$80,000
$314,014
$394,014
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,055
$394,014

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$177,075
No
First
Aug 14, 2013
Sep 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$31,633
$483,367
93%
6%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$400/mo
+$2,020/mo
5.6%

City: Mansfield

5109 Oldcastle Drive | Property Details | No Agent List