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$499,900

2591 Mathis Rd, Mansfield, TX, 76063

Off MarketInfo
Baths0 Bath
Baths1,752 Sq Ft
Unimproved LandUnimproved Land
price_per_sqft$204.91 / sqft
Year BuiltBuilt in 1983

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1 acre

Building Information

Year Built1983

Land Information

APN126.0593.08047
Land UseResidential
Legal DescriptionABST 593 TR 10 S MITCHELL S# EMCOKS14807718 L# TRA0056831 ELECTED PERSONAL
Census Tract130418
Assessed Land Value$90,000
Assessed Improvement Value$20,002
Assessment Year2025

About this property

Amazing Opportunity In The Highly Desired City Of Mansfield To Own 1 Acre Of Planned Development Property. So many Uses Available In An Area With Tons Of Growth & Demand. Currently Has A Manufactured Home In Need Of Major Repair, But Scrap That and Allow Yourself To Take Advantage Of the Many Uses. City Of Mansfield Owns The Acreage Behind So Capture This Opportunity While You're Able To. Buyer To Verify And Get Approved For Special Use. PD Zoning Info Uploaded In Transaction Desk. 2 Other Parcels For Sale On Mathis With This Being The Closest To Mitchell For Higher Traffic Potential. Let's Make A Deal So Make An Offer Today!

Investor Tools

Property Icon
$359,000
Estimated Property Value
$145,000Estimated Mortgage Balance
$217,207Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,999 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$232/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$986
$110,002
2025
$90,000
$20,002
$110,002
No

Tax History

Year
Tax Paid
Assessed Value
2025
$986
$110,002

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cop Enterprises Llc
Unknown
$145,000
No
First
Feb 26, 2025
Sep 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,793
$217,207
60%
39%
$870/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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2591 Mathis Rd | Property Details | No Agent List