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    2511 Mathis Rd Mansfield, TX 76063

    For Sale
    $1,295,000

    2.97 Acres, Commercial & Residential Zoning, Owner Financing Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2.97-acre property in Mansfield, Texas, presents a unique investment opportunity. Located at 2511 Mathis Rd, 76063, this land boasts a versatile Planned Development zoning, allowing for diverse uses including commercial, office, industrial, residential, multifamily, agricultural, or mixed-use projects. The property's strategic location offers excellent access to major highways and is surrounded by established and developing residential neighborhoods, indicating strong potential for immediate and future growth within Johnson County. The lot size is 2.97 acres, with a land value of $10 per square foot, resulting in an asking price of $1,295,000. The APN is 126.0593.08050. Owner financing is available for qualified buyers, making this an attractive proposition for developers and investors seeking to capitalize on Mansfield's continued expansion. This is a rare opportunity to acquire a sizable parcel of land in a thriving area with significant development potential.

    Property Features for 2511 Mathis Rd

    General Information

    Property type
    Multifamily properties
    Lot Size
    129,373 SF

    HighLights

    • 2.97‑acre land parcel in Mansfield, TX, at 2511 Mathis Rd, 76063.
    • Planned Development zoning allows for diverse uses including commercial, office, industrial, residential, multifamily, and mixed‑use development.
    • Excellent highway access and proximity to established residential areas in Johnson County.
    • $1,295,000 asking price, based on a $10/sq ft land value.
    • APN: 126.0593.08050.
    • Owner financing available.
    Property Profile Insight Report 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
    -97.100218424173
    Latitude
    32.544455535851

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    FAQs

    What type of property is this?
    Multifamily property - 2.97 Acres, Commercial & Residential Zoning, Owner Financing Available
    Where is this multifamily property located?
    The property is located at 2511 Mathis Rd Mansfield, TX.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: 2.97-acre land parcel in Mansfield, TX, at 2511 Mathis Rd, 76063.; Planned Development zoning allows for diverse uses including commercial, office, industrial, residential, multifamily, and mixed-use development.; Excellent highway access and proximity to established residential areas in Johnson County.
    (214) 284-8989
    Request Owner's contact information
    2511 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
    2511 Mathis Rd Mansfield, TX 76063
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