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$632,448

NAL Estimated Property Value

5020 Mansfield Hwy, Forest Hill, TX, 76119

Off MarketInfo
CommercialInfo
Beds Beds
Baths Bath
Baths3,363 Sq Ft
price_per_sqft$505.5 / sqft
Year BuiltBuilt in 1967

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringConcrete, Other

Exterior

Lot Size1.81 acres

Building Information

Year Built1967

Land Information

APNA1376--35------20
SubdivisionStrickland, David Survey
Land UseCommercial
Legal DescriptionSTRICKLAND, DAVID SURVEY ABSTRACT 1376 TRACT 35 35G & 35J
Census Tract111103
Assessed Land Value$631,448
Assessed Improvement Value$1,000
Assessment Year2025

About this property

Prime Commercial Opportunity on High-Traffic Mansfield Hwy, Forest Hill, TX Position your business for success at this highly visible general-use commercial propertylocated along one of the area’s most heavily traveled corridors. This property offers a rare combination of existing improvements, income-producing potential, and expansion-ready land, making it ideal for both owner-users and investors. The site features a 1967-built structure previously operated as an automotive repair shop, complete with multiple vehicle lifts and related shop equipment that will convey with the sale, providing a turnkey opportunity for an auto service, mechanic, or similar trade-focused operation. For entrepreneurs seeking flexibility, the existing improvements can also be adapted for a variety of commercial uses allowed under State Code F1. Situated on a generously sized tract within the David Strickland Survey (Abstract 1376, Tracts 35G & 35J), the property offers ample land for expansion, additional structures, outdoor storage, or future redevelopment. The strong frontage and daily traffic exposure along Mansfield Hwy create excellent signage, branding, and customer access opportunities. This location is in Forest Hill, but supported by multiple taxing jurisdictions, including Tarrant County, Tarrant County Hospital District, Tarrant County College, and Fort Worth ISD, placing it in the heart of an established and growing commercial area. Whether you are looking to start a new business, relocate and scale an existing operation, or acquire a value-add commercial asset with equipment included, this property delivers versatility, visibility, and long-term upside. This is a compelling opportunity to secure a well-located commercial property with built-in functionality and room to grow in a high-demand Tarrant County market. Additional lots available adjacent to the property for purchase (4928-4944 Bisbee St) Built to suit.

Investor Tools

Property Icon
$632,448
Estimated Property Value
$346,435Estimated Mortgage Balance
$286,529Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,200 /month
Positive
Cash Flow Estimate:
$3,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$683/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,037
$632,448
2025
$631,448
$1,000
$632,448
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,037
$632,448

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jason L Smith
Seller Carryback / Seller Financing / Seller Take-Back
$350,000
No
First
Oct 17, 2025
Oct 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$346,435
$286,013
45%
55%
$2,099/mo

City: Forest Hill

5020 Mansfield Hwy | Property Details | No Agent List