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    2531 Mathis Rd Mansfield, TX 76063

    For Sale
    $850,000

    Two lots, 1.94 acres, high traffic

    Property size:
    3,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional Mansfield, TX property presents a unique investment opportunity encompassing two contiguous parcels totaling 1.94 acres. The offering includes a 3,000 square foot, four-bedroom, two-bathroom single-family home situated on a 0.97-acre lot. Built in 1988, this existing structure provides immediate income potential or a potential renovation project. The home's assessed value in 2024 was $225,222. Adjacent to the improved lot is a vacant 0.89-acre residential lot, also ripe for development, with a 2024 assessed value of $87,750. The combined acreage offers significant flexibility for various development scenarios, including residential construction or mixed-use projects. The property benefits from a Planned Development (PD) zoning designation, allowing for a range of potential uses. Located on Mathis Road, this property enjoys exceptional visibility with over 15,000 vehicles passing daily, making it an ideal location for commercial ventures. This is a rare opportunity to acquire a substantial land holding in a rapidly growing area, offering both immediate income and significant long-term development potential. The property's size and zoning make it an attractive proposition for investors seeking to capitalize on Mansfield's dynamic real estate market.

    Property Features for 2531 Mathis Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,000 SF
    Lot Size
    84,506 SF

    Building Details

    Year Built
    1988
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Johnson
    State
    Texas
    Longitude
    -97.09943
    Latitude
    32.54545

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    FAQs

    What type of property is this?
    Commercial real estate - Two lots, 1.94 acres, high traffic
    Where is this commercial real estate located?
    The property is located at 2531 Mathis Rd Mansfield, TX.
    What is the asking price?
    The asking price for this property is $850,000.
    Request Owner's contact information
    2531 Mathis Rd Mansfield, TX 76063
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    Mansfield, TX 76063
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2531 Mathis Rd Mansfield, TX 76063
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