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$649,999
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Property Description
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.
Full Property Details
Full Property Details for 501 Upper Falls Ln
General
- Price: $649,999
- HOA FEE: $61/month
- HOA FEE FREQ.: Annually
- Taxes: $16,745
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21249032
- Updated: 7/3/2026
- Added to Site: 75 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
6/27/2026
Price Reduced
$649,999
-1.37%
MLS
6/08/2026
Price Reduced
$659,000
-1.49%
MLS
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 $649,999 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.

