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$425,000

5 Fountain Ct, Mansfield, TX, 76063

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,518 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.78 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Engineered Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage
Lot Size11,678 sqft

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APN44714G-1-7
Lot Number7
SubdivisionVillages At Spring Lake, The
Land UseResidential
Legal DescriptionVILLAGES AT SPRING LAKE, THE BLOCK 1 LOT 7
Census Tract111314
Assessed Land Value$80,000
Assessed Improvement Value$250,000
Assessment Year2025

About this property

Recently remodeled former model home that STILL shows like a model home, on a corner lot in the Spring Lake community of Mansfield. This one-story home offers four bedrooms, and every bedroom has its own walk-in closet, so storage is never a problem. One bedroom is currently set up as a workout room, so you can keep it that way or turn it into whatever you need. The corner lot adds extra room and great curb appeal. The kitchen and bathrooms were recently remodeled with custom quartz countertops and updated tile throughout. The huge kitchen island is as smart as it is beautiful, with hidden cabinets built in to hold your trash cans out of sight, which keeps the kitchen cleaner and the look sleek. A new dishwasher, new microwave, and other new appliances were added during the remodel, so the hard work is already done. There is plenty of room to cook, gather, and entertain. The current game room is wonderfully flexible. Use it as a dining room, game room, home office, or anything else that fits your life. Outside, the covered back porch is ready for morning coffee or evening get-togethers, and the hot tub stays with the home, perfect for unwinding after a long day. The shed stays too, giving you extra storage right away. The garage includes a tornado shelter that can stay or be removed before closing, whichever the new buyer prefers. Set on 0.27 acres, this home is conveniently located across from the community pool, park, and soccer fields. Enjoy all of that outdoor space and those amenities right across the street without having to maintain any of it. The HOA, billed annually, takes care of the facilities, so you get the benefits without the upkeep. The home is also close to commuter routes with easy access to Fort Worth, Dallas, and beyond. Zoned to highly rated Mansfield ISD schools. Updated, move-in ready, and in a location that is hard to beat. Schedule your private showing today and see why this one is so special!

Investor Tools

$0Estimated Mortgage Balance
$393,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

Interested in this property?

Rachael Brenneman

Rachael Brenneman, Broker

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$601/month
$484/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,243
$330,000
2025
$80,000
$250,000
$330,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,243
$330,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$393,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,420/mo
$484/mo
+$1,936/mo
7.4%

City: Mansfield

5 Fountain Ct | Property Details | No Agent List