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.
Lot/land
$780,000
2531 Mathis Rd, Mansfield, TX 76063
--beds
--baths
1.94Acres
Unimproved Land
Built in 1988
1.94 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Two contiguous parcels
- 152 days |
- 119 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Cristina Coles 0628110 214-460-2849,
Coldwell Banker Realty Frisco 972-712-8500,
Hayden Clark 0832036 940-367-9624,
Coldwell Banker Realty Frisco
Source: NTREIS,MLS#: 21152083
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 1.94 Acres
- Features: Acreage, Cleared, Level
Details
- Parcel number: 126.4176.00020
- Zoning description: 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.
Utilities & green energy
- Sewer: Aerobic Septic
- Water: Public
- Utilities for property: Electricity Connected, Septic Available, Water Available
Community & HOA
Community
- Subdivision: S. Mitchell
HOA
- Has HOA: No
Location
- Region: Mansfield
Financial & listing details
- Tax assessed value: $225,222
- Annual tax amount: $747
- Date on market: 1/12/2026
- Cumulative days on market: 134 days
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/12/2026 | Listed for sale | $780,000+4% |
Source: NTREIS #21152083 Report a problem | ||
| 8/19/2023 | Listing removed | -- |
Source: NTREIS #20210506 Report a problem | ||
| 1/4/2023 | Price change | $750,000-6.3% |
Source: NTREIS #20210506 Report a problem | ||
| 11/20/2022 | Listed for sale | $800,000 |
Source: NTREIS #20210506 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $747 +12.9% | $202,442 +10% |
| 2024 | $662 +6.1% | $184,038 +10% |
| 2023 | $623 +2.3% | $167,307 +10% |
| 2022 | $609 | $152,097 |
| 2021 | -- | $152,097 |
| 2020 | $3,451 -3% | $152,097 |
| 2019 | $3,559 +413.3% | $152,097 |
| 2018 | $693 -81.4% | $152,097 |
| 2017 | $3,731 +6.2% | $152,097 +4.1% |
| 2016 | $3,514 -2.5% | $146,133 +1.6% |
| 2015 | $3,605 | $143,820 |
| 2014 | $3,605 | $143,820 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 76063
Nearby schools
GreatSchools rating
- 9/10Brenda Norwood Elementary SchoolGrades: PK-4Distance: 1 mi
- 8/10Charlene McKinzey MiddleGrades: 7-8Distance: 0.7 mi
- 8/10Mansfield Lake Ridge High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Brenda Norwood
- Middle: Charlene McKinzey
- High: Mansfield
- District: Mansfield ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Johnson County
- Mansfield
- 76063
- 2531 Mathis Rd
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