Downtown Mansfield Double-Lot Opportunity: Scrape or Save!
Unlock massive potential at 308 Short Street, a unique real estate play in the heart of the Downtown District. This property features two usable city lots (plus an additional strip of land), offering two distinct paths for the savvy investor or builder:
Option 1: The Build-Two Strategy (Maximum ROI)
Capitalize on the growing demand for new construction in Downtown Mansfield. The existing structure sits directly on the lot line, making this a prime candidate for a scrape. By clearing the site, you gain two distinct building footprints. Best of all, water, sewer, and gas are already stubbed to the extra lot, significantly lowering the barrier to entry for your next new-build project.
Option 2: The Modern Flip (Large Lot Luxury)
Prefer to renovate? Restore the existing 3-bedroom, 1-bathroom home and market it as a refreshed vintage residence on a rare, oversized double lot. In a district where space is a premium, a home with this much land and mature trees is a major selling point for end-buyers looking for a private downtown compound.
Located just steps from the shops, dining, and vibrant energy of the historic downtown core, this is a versatile asset with a clear path to profit. Whether you build new or renovate the classic, 308 Short Street is the downtown opportunity you've been waiting for.
For sale
Price cut: $25K (6/5)
$275,000
308 Short St, Mansfield, TX 76063
3beds
1,003sqft
Single Family Residence
Built in 1942
0.26 Acres Lot
$264,800 Zestimate®
$274/sqft
$-- HOA
What's special
Additional strip of landTwo usable city lotsMature treesPrivate downtown compoundRare oversized double lot
- 49 days |
- 558 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Matt Motley 0831621 817-409-4270,
Texas Legacy Realty 817-312-6165
Source: NTREIS,MLS#: 21265575
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Ceiling Fan(s), Walk-In Closet(s)
- Level: First
- Dimensions: 13 x 10
Bedroom
- Features: Ceiling Fan(s), Walk-In Closet(s)
- Level: First
- Dimensions: 13 x 10
Bedroom
- Features: Ceiling Fan(s), Walk-In Closet(s)
- Level: First
- Dimensions: 10 x 9
Other
- Level: First
- Dimensions: 7 x 6
Kitchen
- Level: First
- Dimensions: 15 x 14
Laundry
- Level: First
- Dimensions: 10 x 6
Living room
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 16 x 13
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Microwave
Features
- Pantry, Walk-In Closet(s)
- Flooring: Carpet, Combination, Simulated Wood, Vinyl
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,003 sqft
Video & virtual tour
Property
Parking
- Parking features: Concrete, Driveway
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 0.26 Acres
Details
- Parcel number: 01625063
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
Materials
- Roof: Asphalt
Condition
- Year built: 1942
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Mansfield City Of
HOA
- Has HOA: No
Location
- Region: Mansfield
Financial & listing details
- Price per square foot: $274/sqft
- Tax assessed value: $192,245
- Annual tax amount: $1,215
- Date on market: 5/11/2026
- Cumulative days on market: 49 days
Estimated market value
$264,800
$252,000 - $278,000
$1,894/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2026 | Price change | $275,000-8.3%$274/sqft |
Source: NTREIS #21265575 Report a problem | ||
| 5/11/2026 | Listed for sale | $300,000+3.4%$299/sqft |
Source: NTREIS #21265575 Report a problem | ||
| 5/9/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/29/2026 | Price change | $290,000-3.3%$289/sqft |
Source: Owner Report a problem | ||
| 1/30/2026 | Price change | $300,000-7.7%$299/sqft |
Source: Owner Report a problem | ||
| 1/5/2026 | Listed for sale | $325,000-7.1%$324/sqft |
Source: Owner Report a problem | ||
| 12/10/2025 | Listing removed | $350,000$349/sqft |
Source: NTREIS #20994477 Report a problem | ||
| 7/10/2025 | Listed for sale | $350,000-6.7%$349/sqft |
Source: NTREIS #20994477 Report a problem | ||
| 7/1/2025 | Listing removed | $375,000$374/sqft |
Source: NTREIS #20715651 Report a problem | ||
| 2/27/2025 | Price change | $375,000+7.1%$374/sqft |
Source: NTREIS #20715651 Report a problem | ||
| 9/30/2024 | Listed for sale | $350,000$349/sqft |
Source: NTREIS #20715651 Report a problem | ||
| 9/5/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/14/2024 | Listed for sale | $350,000+629.2%$349/sqft |
Source: Owner Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/5/2015 | Listing removed | $48,000$48/sqft |
Source: Owner Report a problem | ||
| 4/4/2015 | Price change | $48,000+6.7%$48/sqft |
Source: Owner Report a problem | ||
| 3/31/2015 | Listed for sale | $45,000$45/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $497 +7.8% | $192,245 |
| 2024 | $461 +2% | $192,245 -0.8% |
| 2023 | $452 | $193,757 +57.7% |
| 2022 | -- | $122,868 +27.3% |
| 2021 | $604 +16.6% | $96,550 -0.9% |
| 2020 | $518 +8.8% | $97,448 -4.5% |
| 2019 | $476 +18% | $101,994 +267.9% |
| 2018 | $403 +20.3% | $27,720 -69.6% |
| 2017 | $335 +9.5% | $91,042 -3% |
| 2016 | $306 -67.7% | $93,826 +350.5% |
| 2015 | $948 | $20,826 -49.1% |
| 2014 | $948 | $40,900 |
| 2013 | -- | $40,900 +2.5% |
| 2012 | -- | $39,900 |
| 2011 | -- | $39,900 +0.5% |
| 2010 | -- | $39,700 +1.5% |
| 2009 | -- | $39,100 |
| 2008 | -- | $39,100 |
| 2007 | -- | $39,100 |
| 2006 | -- | $39,100 |
| 2005 | -- | $39,100 +17.1% |
| 2004 | -- | $33,400 |
| 2003 | -- | $33,400 +0.6% |
| 2002 | -- | $33,200 +17.3% |
| 2001 | -- | $28,300 +13.7% |
| 2000 | -- | $24,900 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: Downtown
Nearby schools
GreatSchools rating
- 5/10Erma Nash Elementary SchoolGrades: PK-4Distance: 0.7 mi
- 7/10Rogene Worley Middle SchoolGrades: 7-8Distance: 1 mi
- 7/10Mansfield High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Nancy Neal
- Middle: James Coble
- 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
- Tarrant County
- Mansfield
- 76063
- Downtown
- 308 Short St




