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$485,000

703 Waterlane Dr, Mansfield, TX, 76063

$489,669 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,742 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.88 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCeramic Tile, Wood

Exterior

Lot Size8,468 sqft

Building Information

Year Built2012
Stories2
Garage Spaces2

Land Information

APN45285D-1-2
Lot Number2
SubdivisionWaterford Park - Mansfield
Land UseResidential
Legal DescriptionWATERFORD PARK - MANSFIELD BLOCK 1 LOT 2
Census Tract111319
Assessed Land Value$95,000
Assessed Improvement Value$435,505
Assessment Year2025

About this property

RARE FIND in the gated community of Waterford Park! Welcome to 703 Waterlane, a beautifully designed and thoughtfully updated home offering style, space, functionality, and energy-efficient upgrades in highly sought-after Mansfield ISD. The open-concept floor plan is perfect for entertaining and everyday living, featuring beautiful wood flooring, upgraded lighting, clean contemporary finishes, and an impressive eat-in kitchen with an oversized island, granite countertops, stainless steel appliances, and modern open shelving. The primary suite, two additional bedrooms, and private study are conveniently located downstairs. Upstairs features a spacious game room, guest bedroom, and private bath—creating the perfect private retreat for guests or additional living space. A standout feature is the home’s FULLY EQUIPPED SOLAR SYSTEM, offering added energy efficiency and long-term utility-saving potential. Additional upgrades include a cedar garage door and cedar patio pergola, creating an inviting outdoor space for relaxing and entertaining. Enjoy the privacy and amenities of Waterford Park, including private ponds, a playground, and walking trails, with quick access to Hwy 287 and 360, shopping, dining, and surrounding development. Gated community, beautiful upgrades, flexible living spaces, and an impressive solar setup—703 Waterlane is a MUST SEE!

Investor Tools

$330,212Estimated Mortgage Balance
$200,887Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$489,668
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,183 /month
Positive
Cash Flow Estimate:
$1,061 /month

Interested in this property?

Dania Ibrahim

Signature Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$745/month
$495/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,286
$530,505
2025
$95,000
$435,505
$530,505
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,286
$530,505

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexera Holding Llc
Conventional
$355,000
No
First
Nov 3, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$330,212
$200,293
37%
62%
$2,129/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,000/mo
$2,624/mo
+$376/mo
6.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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