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503 Waterlane Dr, Mansfield, TX, 76063

$649,500

Home List Price

$7,713*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
3,486 SqFt
$186/SqFt
House
Schools Nearby

Location

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503 Waterlane Dr, Mansfield$649,500

Buyer Closing Credits

$7,713*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Garage Faces Front, Garage, Garage Door Opener, Other, Garage Faces Side
Attached Garage3 spaces
Year Built2006
HeatingCentral, Natural Gas, Zoned
CoolingCentral Air, Ceiling Fan(s), Electric
FireplaceGas Log
ViewPark
MLS #20560050
Lot Size0.26 Acres
StatusActive

About 503 Waterlane Dr

Lovely home in prestigious Waterford Park, kept to perfection & updated to meet the most discerning buyer's expectations! The front porch, reminiscent of quieter times, greets your arrival, with pristine views of the serene duck pond just across the street! Your entry is greeted by gleaming hardwoods, leading past the formal din area to the inviting family room w-gas log fireplace & opening to the gourmet kitchen w-granite c'tops, a work island, high end SS appliances, an abundance of cabinet space & a walk in pantry to delight the family chef! Breakfast nook opens to kitchen across the breakfast bar & overlooks the privacy backyard, perfect for the kids to run and play or for Sunday afternoon BBQs! Split primary suite features a gas log fireplace & spa-like bath w-glass enclosed shower, a huge walk in closet & soaking tub for those precious few moments of peace & quiet. 2 bdrms down share a hall bath, great for elderly guests. Up are 2 more oversized bdrms & a game room for the kids!!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional, Detached
  • Year Built: 2006
  • Stories: 2
  • Living Area: 3,486 SqFt

Listing Office:

  • Office Name: RE/MAX Associates of Arlington
  • Office Phone: (817) 861-6565
  • Listing Agent: Dan Stafford

Interior Features

Interior Information:

  • Appliances: Convection Oven, Double Oven, Dishwasher, Gas Cooktop, Disposal, Microwave
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile, Wood
  • Interior: Granite Counters, High Speed Internet, Cable TV, Walk-In Closet(s)
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Park
  • Exterior: Rain Gutters

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Door-Multi, Garage Faces Front, Garage, Garage Door Opener, Other, Garage Faces Side

Virtual/3D Tour

  • Virtual Tour: 503 Waterlane Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot: Back Yard, Interior Lot, Lawn, Landscaped, Sprinklers
  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas, Zoned
  • Cooling: Central Air, Ceiling Fan(s), Electric

School Info

Assigned Schools Information:

  • Mansfield Lake Ridge High School, Public District Grades 9-12
  • Mary Lillard I S, Public District Grades 5-6
  • Danny Jones Middle School, Public District Grades 7-8
  • Elizabeth Smith Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: South on N Holland Rd from E Broad St to Waterford Parks Ln, right through gated entry to Waterlane, then left to the home on the left across from the duck pond.

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,500
  • Price Per SqFt: $186/SqFt

HOA Fees:

  • Amount: $1100
  • Frequency: Annually

Tax Information:

  • Annual Amount: $9,669
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Mansfield, TX.

Med. List Price

$520K

Med. Price/SqFt

$191

Avg. Days On Market

90

# of Sold Homes

66

503 Waterlane Dr vs Mansfield

44 DAYS ON ROCKET

-46 Days

$649,500

+$129.4K More

$186/SqFt

-$5 Less

KEY TAKEAWAY

This property is $129.4K more than the Median List Price and $5/SqFt less than other homes in Mansfield, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20560050

Listing Office:

  • Office Name: RE/MAX Associates of Arlington
  • Office Phone: (817) 861-6565
  • Listing Agent: Dan Stafford

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/28/2024, 6:25:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 19, 2006Home Sold
$409,600

Tax History

YEARPROP. TAXASSESSMENT
2020$9,669$448,506
2019$12,211$448,506
2017$12,054$421,695

History based on county public records data.

Payment Calculator

$3,400

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,014

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1985885
10
/10
  • Elizabeth Smith Elementary School

  • 701 S Holland Rd

  • 1.30 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1985886
7
/10
  • Mary Lillard I S

  • 1301 N Day Miar Rd

  • 0.92 miles

  • Public District Grades 5-6

school-card-donut-1985887
8
/10
  • Danny Jones Middle School

  • 4500 E Broad St

  • 0.98 miles

  • Public District Grades 7-8

High School

school-card-donut-1985888
5
/10
  • Mansfield Lake Ridge High School

  • 101 N Day Miar Rd

  • 1.03 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $100,156. Typical income of Mansfield, TX residents is between $100k-200k annually. Residents typically live in married, with kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 503 Waterlane Dr

What is the listing price of this property?

The listing price of 503 Waterlane Dr property is $649,500.

What type of property is this?

The property 503 Waterlane Dr is a house located in Mansfield, Texas, 76063.

Is this property for sale now?

Active Listing: 503 Waterlane Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 503 Waterlane Dr are:
Elizabeth Smith Elementary School: GreatSchools Rating 10/10
Mary Lillard I S: GreatSchools Rating 7/10
Danny Jones Middle School: GreatSchools Rating 8/10
Mansfield Lake Ridge High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $9,669 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 19, 2006 for $409,600. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 503 Waterlane Dr has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 503 Waterlane Dr is 3,486 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 503 Waterlane Dr is 2006.

Rocket Homes›Texas›Tarrant County›Mansfield›76063›503 Waterlane Dr

This home is located at 503 Waterlane Dr in Mansfield, TX and zip code 76063 in the Waterford Park at Mansfield neighborhood. This 3,486 square foot home, which was built in 2006, sits on a 0.26 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 14, 2024 and is currently priced at $649,500.

In March 2024 in Mansfield, TX there were 6.4% more homes for sale than in February 2024. In March 2024, listings were on the market for 90 days. During the same period, the median list price in this real estate market was $520,007.

From Rocket Homes Real Estate and based on county public records data.

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