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$3,500

103 Van Worth St, Mansfield, TX, 76063

On MarketInfo
CommercialInfo
Baths0 Bath
Baths1,050 Sq Ft
OfficeOffice
price_per_sqft$404.76 / sqft
Year BuiltBuilt in 1940

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringWood

Exterior

Lot Size16,923 sqft

Building Information

Year Built1940

Land Information

APN24750---45----3A--20
Lot Number3,4
SubdivisionMansfield, City Of
Land UseCommercial
Legal DescriptionMANSFIELD, CITY OF BLOCK 45 LOT 3A 4A & 5B & BLK 61 LTS PART OF LTS 3 & 4
Census Tract111306
Assessed Land Value$67,700
Assessed Improvement Value$326,688
Assessment Year2025

About this property

Arrive into the charm and character of Historic Downtown Mansfield with this unique two-story commercial lease opportunity at 103 Van Worth Street. Located in a high-visibility area surrounded by local shops, dining, and community activity, this historic building offers the perfect blend of vintage appeal and functional business space. Inside, you’ll find three private lockable offices, making the layout ideal for a boutique business, professional office, creative studio, salon suite, or specialty retail concept. The two-story design provides flexibility for client-facing space downstairs with additional office or workspace upstairs. Original historic character details create a warm and inviting atmosphere that sets your business apart from traditional commercial spaces. Whether you are launching a new venture, expanding your current business, or looking for a distinctive location with small-town charm and strong community presence, this property offers an exceptional opportunity in one of Mansfield’s most recognizable downtown areas. Convenient access to major roads, established local traffic, and the growing Downtown Mansfield district make this a prime location to grow your brand. Bring your vision to life in this one-of-a-kind historic commercial space!

Investor Tools

Property Icon
$394,388
Estimated Property Value
$252,000Estimated Mortgage Balance
$166,903Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,366 /month
Positive
Cash Flow Estimate:
$789 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$904/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,871
$394,388
2025
$67,700
$326,688
$394,388
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,871
$394,388

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
David W Brown Etal
Seller Carryback / Seller Financing / Seller Take-Back
$252,000
No
First
Jun 16, 2021
Jun 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,485
$166,903
42%
58%
$1,511/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Mansfield

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