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For sale
  • Price cut: $20K (7/13)
    $629,999

    501 Upper Falls Ln, Mansfield, TX 76063

    4beds
    3,305sqft
    : 
    $4,742/mo
    Get pre-qualified
    Single Family Residence
    Built in 2022
    9,060 Square Feet Lot
    $617,500 Zestimate®
    $191/sqft
    $61/mo HOA

    What's special

    Pool-sized backyardWood flooringDedicated officeSpacious family roomExpansive premium corner-lot backyardNatural lightCovered patio
    Better than new construction in M3 Ranch — premium corner lot, seller-paid solar opportunity, $150–$200 month seller-estimated solar savings, office, game room, media room, pool-sized backyard, and upgraded spa-style primary bath rarely found in newer American Legend builds. This recently built American Legend home offers 4 bedrooms, 3 full baths, 3,305 sq ft of flexible living space, and a premium 9,060 sq ft corner lot in one of Mansfield’s most desirable master-planned communities. Priced to stand out, this move-in ready home delivers the space, upgrades, and value buyers want without the wait of new construction. The open-concept layout features soaring ceilings, wood flooring, a fireplace, natural light, and a spacious family room that flows into the gourmet kitchen. The kitchen includes a large island, double ovens, custom cabinetry, walk-in pantry, and generous storage. The private primary suite is a true retreat with an upgraded spa-style bathroom rarely found in newer American Legend builds, featuring dual vanities, a separate walk-in shower, a freestanding jacuzzi-style soaking tub, and a large walk-in closet. A dedicated office, game room, and media room provide flexibility for remote work, movie nights, play space, fitness, hosting, or multigenerational living. Enjoy a covered patio and expansive premium corner-lot backyard with plenty of room to build a pool, outdoor kitchen, play area, or private retreat. Energy-efficient solar panels may help reduce electricity costs, with seller-estimated savings of approximately $150–$200 month. Seller is willing to pay off the solar system at closing with a strong offer, giving buyers a major incentive. Move-in ready, upgraded, and priced to attract attention — this home offers newer construction, flexible living space, a premium lot, buyer incentives, and standout value in M3 Ranch.
    90 days
    |
    751
    |
    38
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Marisol Gallegos 0695263 903-603-6903,

    eXp Realty LLC 888-519-7431

    Source: NTREIS,MLS#: 21249032

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Features: Dual Sinks, Garden Tub/Roman Tub, Separate Shower, Walk-In Closet(s)
      • Level: First
      • Dimensions: 14 x 17
      Bedroom
      • Level: First
      • Dimensions: 12 x 11
      Bedroom
      • Level: Second
      • Dimensions: 12 x 11
      Bedroom
      • Level: Second
      • Dimensions: 11 x 14
      Dining room
      • Level: First
      • Dimensions: 11 x 12
      Kitchen
      • Features: Built-in Features, Eat-in Kitchen, Kitchen Island, Pantry, Solid Surface Counters, Walk-In Pantry
      • Level: First
      • Dimensions: 18 x 13
      Living room
      • Level: First
      • Dimensions: 15 x 17
      Media room
      • Level: First
      • Dimensions: 14 x 16
      Utility room
      • Level: First
      • Dimensions: 7 x 7
      Appliances
      • Included: Gas Range
      Features
      • Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Kitchen Island, Pantry, Walk-In Closet(s)
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Family Room
      Interior area
      • Total interior livable area: 3,305 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Driveway
      • Attached garage spaces: 2
      • Carport spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Pool features: None
      Lot
      • Size: 9,060 Square Feet
      Details
      • Parcel number: 126410602010

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Detached
      • Property subtype: Single Family Residence
      • Attached to another structure: Yes
      Condition
      • Year built: 2022

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Sewer Available, Water Available

      Community & HOA

      Community
      • Subdivision: M3 Ranch
      HOA
      • Has HOA: Yes
      • Services included: All Facilities
      • HOA fee: $735 annually
      • HOA name: First Service Residential
      • HOA phone: 972-991-8871
      Location
      • Region: Mansfield

      Financial & listing details

      • Price per square foot: $191/sqft
      • Tax assessed value: $769,826
      • Annual tax amount: $16,745
      • Date on market: 4/27/2026
      • Cumulative days on market: 89 days

        Estimated market value

        $617,500

        $587,000 - $648,000

        $4,092/mo

        Price history

        DateEventPrice
        7/13/2026Price change$629,999-3.1%$191/sqft
        Source: NTREIS #21249032 Report a problem
        6/27/2026Price change$649,999-1.4%$197/sqft
        Source: NTREIS #21249032 Report a problem
        6/2/2026Price change$659,000-1.5%$199/sqft
        Source: NTREIS #21249032 Report a problem
        4/27/2026Listed for sale$669,000-0.1%$202/sqft
        Source: eXp Realty #21249032 Report a problem
        7/2/2025Listing removed$669,900$203/sqft
        Source: NTREIS #20942812 Report a problem
        5/21/2025Listed for sale$669,900+0.9%$203/sqft
        Source: NTREIS #20942812 Report a problem
        7/10/2024Listing removed--
        Source: Zillow Rentals Report a problem
        6/13/2024Price change$3,695-7.5%$1/sqft
        Source: Zillow Rentals Report a problem
        5/12/2024Listed for rent$3,995$1/sqft
        Source: Zillow Rentals Report a problem
        4/24/2023Sold--
        Source: NTREIS #20246134 Report a problem
        3/27/2023Pending sale$664,198$201/sqft
        Source: NTREIS #20246134 Report a problem
        1/25/2023Listed for sale$664,198$201/sqft
        Source: NTREIS #20246134 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,804 +2.6%$769,826
        2024$2,732 +48%$769,826 +60.6%
        2023$1,845 +641.1%$479,318 +698.9%
        2022$249 +27.8%$60,000 +29.3%
        2021$195 $46,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 76063

        Getting around

        9 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Annette Perry
        • Middle: Charlene McKinzey
        • High: Legacy
        • District: Mansfield ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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