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$669,000
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Property Description
Better than new construction! This beautifully upgraded American Legend home offers 3,220+ sq ft of thoughtfully designed living space on a premium 9,060 sq ft corner lot in highly sought-after M3 Ranch.Welcome to 501 Upper Falls Ln - a 4-bedroom, 3-bathroom home with an office, game room, and media room. Energy-efficient solar panels help reduce electricity costs by approximately $150-$200month, and seller is willing to pay off the solar system at closing with a strong offer. Inside, you'll find soaring ceilings, wood flooring, and a gourmet kitchen with double ovens, custom cabinetry, and a large island-perfect for entertaining. The open-concept layout includes a spacious family room, dedicated office, game room, and media room. The private primary suite features a rare, oversized spa-style bathroom with a jacuzzi-style soaking tub, separate shower, dual vanities, and a large walk-in closet-an upgrade not commonly offered in newer builder homes. Enjoy outdoor living with a covered patio and an expansive backyard on a 9,060 sq ft corner lot, with plenty of space for a future pool. Move-in ready with premium upgrades, established landscaping, and no builder delays-this home offers exceptional value compared to new construction.
Full Property Details
Full Property Details for 501 Upper Falls Ln
General
- Price: $669,000
- HOA FEE: $61/month
- HOA FEE FREQ.: Annually
- Taxes: $16,745
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21249032
- Updated: 4/28/2026
- Added to Site: 30 day(s) ago
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Kitchen Island, Pantry, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room
- Appliances: Gas Range
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Driveway
Location
- County: Johnson
- Subdivision: M3 Ranch
- Driving Directions: Please see GPS
School Information
- Elem School District: Mansfield ISD
- Midd School District: Mansfield ISD
- High School District: Mansfield ISD
- Elementary School: Annette Perry
- Middle School: Charlene McKinzey
- High School: Legacy
Community
- Association: Yes
- Assoc. Name: First Service Residential
- Assoc. Fees Include: All Facilities
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Attached
- Stories/Levels: 2
- Living Area: 3,305 Sq. Ft.
- Year Built: 2022
Lot Features
- Lot Size (Acres): 0.208
- Lot Size (Sq. Ft.): 9,060.48
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $735
- Assoc Fee Freq.: Annually
- Tax Amount: $16,745
Disclosures and Reports
- Legal Description: LOT 1 BLK 2 M3 RANCH PH 1A & 1B
- Disclosures/Rstr.: Municipal Utility District Disclosure
- Property ID: 126410602010
- Block: 2
- Lot Number: 1
Listed by eXp Realty LLC, Marisol Gallegos
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Schools
Schools serving 501 Upper Falls Ln
School District:Mansfield Independent School District
| Name | Grades | Distance |
|---|---|---|
Annette Perry Elementary School 1261 South Main Street, Mansfield, TX 76063 | PK-4 | 0.8 mi |
Rogene Worley Middle School 500 Pleasant Ridge Drive, Mansfield, TX 76063 | 7-8 | 2.2 mi |
Mansfield High School 3001 East Broad Street, Mansfield, TX 76063 | 9-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 Upper Falls Ln
Date
Details
Price
Change
Source
4/27/2026
Listed
$669,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 501 Upper Falls Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,393
680%
$769,826
—
2024
$1,845
100%
$769,826
61%
2021
-100%
$479,318
699%
2021
$1,173
—
$60,000
29%
2021
$1,173
—
$46,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 501 Upper Falls Ln
501 Upper Falls Lane, Mansfield, TX 76063 (MLS# 21249032) is a Single Family property with 4 bedrooms and 3 full bathrooms. 501 Upper Falls Lane is currently listed for $669,000 and was received on April 27, 2026. Want to learn more about 501 Upper Falls Lane? Do you have questions about finding other Single Family real estate for sale in Mansfield? You can browse all Mansfield real estate or contact a Coldwell Banker agent to request more information.

