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About This Home

This 3-bedroom, 1-bathroom single family at 308 Short Street in Mansfield, TX is listed for $300,000 ($299 per sqft). Built in 1942, the home offers 1,003 sqft of living space on a 0.26 acres lot.

Agent Description

Downtown Mansfield Double-Lot Opportunity: Scrape or Save!

Unlock massive potential at 308 Short Street, a unique real estate play in the heart of the Downtown District. This property features two usable city lots (plus an additional strip of land), offering two distinct paths for the savvy investor or builder:

Option 1: The Build-Two Strategy (Maximum ROI)

Capitalize on the growing demand for new construction in Downtown Mansfield. The existing structure sits directly on the lot line, making this a prime candidate for a scrape. By clearing the site, you gain two distinct building footprints. Best of all, water, sewer, and gas are already stubbed to the extra lot, significantly lowering the barrier to entry for your next new-build project.

Option 2: The Modern Flip (Large Lot Luxury)

Prefer to renovate? Restore the existing 3-bedroom, 1-bathroom home and market it as a refreshed vintage residence on a rare, oversized double lot. In a district where space is a premium, a home with this much land and mature trees is a major selling point for end-buyers looking for a private downtown compound.

Located just steps from the shops, dining, and vibrant energy of the historic downtown core, this is a versatile asset with a clear path to profit. Whether you build new or renovate the classic, 308 Short Street is the downtown opportunity you've been waiting for.

Key Features

  • Built in 1942
  • 0.26 acre lot

Property Details

1 story
1 full
1942

Monthly Cost Estimate

$1,604/mo

20% down · 6.5% · 30 years

Principal$217
Interest$1,300
Insurance$88

Estimates only. Actual payments may vary.

Location

308 Short Street

Mansfield, TX 76063

Mansfield City Of

Features & Amenities

Interior Features

PantryWalk-in Closet(s)

Property Details

Flooring

CarpetVinylWood

Parking

Driveway

Heating

CentralElectric (Heating)

Cooling

Central AirElectric

Appliances

DishwasherMicrowaveWasher

Questions & Answers

This 3-bedroom, 1-bathroom single family at 308 Short Street is listed at $300,000 ($299/sqft). The estimated monthly payment is $1,300 based on 20% down at 6.5% interest.

Key features include: Built in 1942, 0.26 acre lot. Interior Features: Pantry, Walk-in Closet(s).

This property is listed by Matt Motley and can be reached at 8173126165 or mmotley87@gmail.com.

MM

Matt Motley

Agent at Texas Legacy Realty

(817) 312-6165

Listed by Texas Legacy Realty · View on Broker Site

MLS# 21265575· Source: listhub· Updated today

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308 Short Street, Mansfield, TX 76063

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