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Days367Days on Market
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$350,000

$500,000

520 W Broad St, Mansfield, TX, 76063

On MarketInfo
Price DropInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1 acre

Land Information

APN24750-40-2R
Lot Number2R
SubdivisionMansfield, City Of
Land UseResidential
Legal DescriptionMANSFIELD, CITY OF BLOCK 40 LOT 2R
Census Tract111306
Assessed Land Value$95,000
Assessment Year2025

About this property

Charming Property in Mansfield Historic District - Discover the perfect blend of history and modern convenience with this exceptional 1-acre property in the heart of the Mansfield Historic District. Boasting 156 feet of frontage, this prime location offers quick access to a vibrant array of restaurants, entertainment venues, and festivals, making it an ideal spot for your next project. The property is adorned with large, majestic oak trees.Currently zoned for residential use, with potential for easy rezoning to commercial due to its prime location within the Historic District. This property is not located in a flood zone, ensuring peace of mind for any development plans. This property presents a unique opportunity to build a stunning home that complements the newer, larger homes across the street, or to consider a townhome addition. Its proximity to local amenities and historical landmarks makes it a highly desirable location for both residential and potential commercial use.

Investor Tools

Property Icon
$495,000
Estimated Property Value
$0Estimated Mortgage Balance
$495,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

Interested in this property?

Julie Short

Texas Real Estate HQ

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$386/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,160
$95,000
2025
$95,000
N/A
$95,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,160
$95,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$495,000
100%
0%
$0/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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520 W Broad St | Property Details | No Agent List