NOT LISTED FOR SALE

1506 Lowes Farm Pkwy Mansfield, TX 76063

East Mansfield Neighborhood

Estimated Value: $355,000 - $398,000

4 Beds
2 Baths
1,874 Sq Ft
$203/Sq Ft Est. Value

Last Sold July 15, 2022

Current estimated payment $2,847/month

19 Days on Market

Highlights

  • Open Floorplan
  • Covered Patio or Porch
  • Eat-In Kitchen
  • Judy Miller Elementary School Rated A-
  • 2-Car Garage with one garage door
  • Interior Lot

About This Home

As of July 2022

Gorgeous 4 Bedroom, 2 bath home in beautiful Lowes farm subdivision. Updated light fixtures and laminate floors throughout the home. Quartz countertop in kitchen with backsplash. Kitchen with island and lots of cabinets. Dining with beautiful Chandelier. Living area with corner wood burning fireplace. Large master bedroom with separate tub and shower, his and hers sinks. Covered patio and good size yard plus shed. Close to Highway 360. A must see.

Last Agent to Sell the Property

Kay Olubanjo

Okay Realty LLC License #0508156 Listed on: 05/18/2022

Last Buyer's Agent

Lisa Hicks

NextHome on Main License #0619803

NextHome on Main

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 8,102 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Interior Lot

HOA Fees

  • $44 Monthly HOA Fees

Parking

  • 2-Car Garage with one garage door
  • Epoxy

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 1,874 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Chandelier
  • Decorative Lighting
  • Wood Burning Fireplace
  • Laminate
  • Attic Fan
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Built-In Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Judy Miller Elementary School
  • Charlene Mckinzey Middle School
  • Mary Lillard Middle School
  • Mansfield Lake Ridge High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Individual Gas Meter
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • First Service Residential HOA, Phone Number (877) 378-2388
  • Lowes Farm Add Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Legal Lot and Block 73 / 14
  • Assessor Parcel Number 40656667
  • $7,218 per year unexempt tax

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$44 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: Yes
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Horse Permitted Y N: No
  • Lake Pump Y N: No
  • Special Features: None
  • Year Built: 2006

Interior Features

  • Square Footage: 1874.00
  • Fireplace Features: Wood Burning
  • Interior Amenities: Cable TV Available, Chandelier, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available, Open Floorplan, Walk-In Closet(s)
  • Flooring: Laminate
  • Appliances: Built-in Gas Range, Dishwasher, Dryer, Electric Oven, Gas Water Heater, Microwave
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 2
  • Room Count: 10

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Fencing: Fenced, Wood
  • Roof: Asphalt
  • Soil Type: Unknown
  • Construction Materials: Brick
  • Exterior Features: Covered Patio/Porch, Rain Gutters
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Attic Fan, Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: 2-Car Single Doors, Covered, Epoxy Flooring
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas
  • Utilities: Cable Available, City Sewer, City Water, Concrete, Curbs, Electricity Available, Individual Gas Meter, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee: 525
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: First Service Residential
  • HOA Management Company: 8773782388

Schools

  • School District: Mansfield ISD
  • Elementary School: Judy Miller
  • Middle School: Charlene McKinzey
  • High School: Mansfield Lake Ridge
  • School District: Mansfield ISD
  • Intermediate School: Mary Lillard

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Interior Lot, Landscaped
  • Lot Size Units: Acres
  • Lot Size Area: 0.1860
  • Parcel Number: 40656667
  • Lot Size Acres: 0.1860
  • Lot Size Sq Ft: 8102.1600

Green Features

  • Smart Home Features Appor Pass Y: Yes

Building Info

  • Year Built: 2006

Tax Info

  • Unexempt Taxes: 7218
  • Special Taxing Entities: No
  • TaxBlock: 14
  • Tax Lot: 73

MLS Schools

  • Middle School Name: Charlene McKinzey
  • Elementary School Name: Judy Miller
  • High School Name: Mansfield Lake Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Jul 15, 2022
Sold by
Adeoye Abibat A
Bought by
Butler Brandon Ray and Butler Krissy Marvette
Seller's Agent
Kay Olubanjo
Okay Realty LLC
Buyer's Agent
Lisa Hicks
NextHome on Main
List Price
$375,000
Current Estimated Value
$379,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.47%
Original Mortgage
$392,000
Outstanding Balance
$374,025
Interest Rate
5.09%
Mortgage Type
VA
Estimated Equity
$5,875

Purchase Details

Listed on
Nov 20, 2019
Closed on
Jan 13, 2020
Sold by
Gonzales Roy L and Coronado Marisol
Bought by
Adeoye Abibat A and Adeoye Ahmed A
Seller's Agent
Martina Barrientos
Rendon Realty, LLC
Buyer's Agent
Kay Olubanjo
Okay Realty LLC
List Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.95%
Original Mortgage
$250,381
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 2, 2018
Closed on
Dec 26, 2018
Sold by
Weeaks Randy D and Weeaks Doris J
Bought by
Gonzales Roy L and Coronado Marisol
Seller's Agent
Danny Bello
eXp Realty, LLC
Buyer's Agent
Araceli Mercado
CENTURY 21 Judge Fite Co.
List Price
$239,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$227,950
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2017
Sold by
Justus Talby S and Justus Lori L
Bought by
Weeaks Randy Don and Weeaks Doris Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2013
Sold by
Ergish Gary and Ergish Terry
Bought by
Justus Talby S and Justus Lori L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,400
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2006
Sold by
D R Horton Texas Ltd
Bought by
Ergish Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,600
Interest Rate
6.4%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Butler Brandon Ray -- New Title Company Name
Adeoye Abibat A -- Texas Title
Gonzales Roy L -- Wfg National Title Co
Weeaks Randy Don -- None Available
Justus Talby S -- None Available
Ergish Gary -- Dhi Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Brandon Ray $392,000
Previous Owner Adeoye Abibat A $253,650
Previous Owner Adeoye Abibat A $250,381
Previous Owner Gonzales Roy L $227,950
Previous Owner Weeaks Randy Don $180,000
Previous Owner Justus Talby S $138,400
Previous Owner Ergish Gary $156,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold -- -- --
06/06/2022 06/06/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $375,000 +41.5% $200 / Sq Ft
01/13/2020 01/13/20 Sold -- -- --
11/29/2019 11/29/19 Pending -- -- --
11/20/2019 11/20/19 For Sale $265,000 +10.4% $141 / Sq Ft
12/26/2018 12/26/18 Sold -- -- --
12/12/2018 12/12/18 Pending -- -- --
11/02/2018 11/02/18 For Sale $239,999 -- $128 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $360,032 $70,000 $290,032
2023 $8,839 $382,703 $70,000 $312,703
2022 $7,557 $291,424 $60,000 $231,424
2021 $7,307 $268,140 $60,000 $208,140
2020 $7,185 $260,470 $60,000 $200,470
2019 $7,435 $261,399 $60,000 $201,399
2018 $6,015 $225,000 $60,000 $165,000
2017 $6,377 $226,858 $45,000 $181,858
2016 $5,797 $212,971 $45,000 $167,971
2015 $4,949 $185,144 $45,000 $140,144
2014 $4,949 $179,900 $45,000 $134,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kay Olubanjo

    Okay Realty LLC

    (682) 518-9795

    1 in this area

    15 Total Sales

    Kay Olubanjo
    Section Image

  • L

    Buyer's Agent in 2022

    Lisa Hicks

    NextHome on Main

    (817) 637-3371

    3 in this area

    46 Total Sales

    Lisa Hicks
    Section Image

  • M

    Seller's Agent in 2020

    Martina Barrientos

    Rendon Realty, LLC

    (214) 228-5733

    73 Total Sales

    Martina Barrientos
    Section Image

  • D

    Seller's Agent in 2018

    Danny Bello

    eXp Realty, LLC

    Section Image

  • A

    Buyer's Agent in 2018

    Araceli Mercado

    CENTURY 21 Judge Fite Co.

    (817) 274-2521

    120 Total Sales

    Araceli Mercado
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20054766

North Texas Real Estate Information Systems (NTREIS)

APN: 40656667

Texas Tarrant County Mansfield 76063 East Mansfield

1506 Lowes Farm Pkwy, Mansfield, TX

This home is located at 1506 Lowes Farm Pkwy, Mansfield, TX 76063 since 18 May 2022 and is currently estimated at $379,900, approximately $202 per square foot. This property was built in 2006. 1506 Lowes Farm Pkwy is a home located in Tarrant County with nearby schools including Judy Miller Elementary School, Mary Lillard Intermediate School, and Danny Jones Middle School.

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