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
- 74 days |
- 104 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: January 12, 2026 at 11:12pm
Listed by:
Cristina Coles 0628110 214-460-2849,
Coldwell Banker Realty Frisco 972-712-8500
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: 12 days
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
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
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
BuyAbility℠ payment
Estimated monthly payment
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.
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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.
Local experts in 76063
- Texas
- Johnson County
- Mansfield
- 76063
- 2531 Mathis Rd




