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$780,000

Est. payment - /mo

1.94 Acres Lot

Price Dropped by $70K

2531 Mathis Rd Mansfield, TX 76063

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Patricia Ann Young

patricia@followmyheelshome.com +1(972) 795-4260

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Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision S. Mitchell

MLS Listing ID 20815183

Total Fin. Sqft 3000

Year Built 1988

Lot Size 1.940 Acres

Acres 1.94

Property Sub-Type Unimproved Land

Property Description

Two contiguous parcels offering flexibility and potential for residential or mixed-use development in a rapidly growing area.

Parcel Details:

Lot 1: 0.97 acres (42,471 SF, per Assessor).

Improved with a 3,000 SF, 4-bedroom, 2-bathroom single-family home (built in 1988).

Assessed value (2024): $225,222.

Lot 2: 0.89 acres (38,825 SF, calculated).

Vacant residential lot ready for development. Assessed value (2024): $87,750.

Zoning: Planned Development (PD) with potential for flexible uses.

Traffic Counts: Over 15,000 vehicles daily on Mathis Rd, providing excellent visibility for future developments.

Location

State TX

County Johnson

Zoning Planned Development MANSFIELD RESERVE PD, HWY 287 DISTRICT. Property falls under the highway 287 district of the Reserve PD, which generally calls for commercial, Industrial or Office use.

Direction Please use GPS

Exterior

Utilities Available Aerobic Septic, City Water, Electricity Connected

Garage No

Building

Lot Description Cleared, Level

Structure Type Frame

Others

Ownership T. Shellburn

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20815183

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by MaryCarmen Esteso • Coldwell Banker Realty Frisco

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Patricia Ann Young

Agent | License ID: 0555284

+1(972) 795-4260

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2531 Mathis Rd Mansfield, TX 76063

Patricia Ann Young

Key Details

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2531 Mathis Rd