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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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1401 Fm-1187 , Mansfield, TX 76063
$1,795,000
Est. Payment: $9,241.44/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 252
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Excellent opportunity to acquire approximately 2.4 acres of commercially zoned land with FM 1187 frontage in the fast-growing Mansfield corridor. The property offers a clean, usable configuration, strong visibility, and convenient access, making it well-suited for a variety of retail and commercial uses. This site is ideally positioned for gas station or convenience store, QSR, medical or dental, strip retail, or multi-pad development. The parcel size and frontage provide flexibility for single-user or multi-tenant concepts, and the surrounding area continues to see steady residential and commercial growth. Located along a key arterial roadway with proximity to US-287, the property benefits from strong traffic patterns and long-term growth momentum. A recent survey is available, and the site shows no apparent fatal development constraints. This is a rare opportunity to secure a sizable retail tract in an established and expanding Mansfield market. Buyer to verify zoning, permitted uses, utilities, and development requirements with the City of Mansfield.

Highlights

Listed by Kelvin Matthews , Compass RE Texas, LLC , North Texas Real Estate Information Systems

Property Type

Vacant Land

Lot/Acreage
2.4

County

Tarrant

Neighborhood

Elizabeths Gardens

School District

Mansfield ISD

Listing ID

21133124

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Acreage,1 to < 3 Acres
Zoning:Commercial zoning; buyer to verify zoning classification and permitted uses.
Principal Interest
$9,241
Taxes
$1,144

Home Price

$1,795,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$359,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,241.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,241.44 $1,144.31 $0.00 $10,385.75
Yearly $110,897.27 $13,731.75 $0.00 $124,629.02
Total $3,326,918.23 $411,952.50 $0.00 $3,738,870.73

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Mansfield, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

© 2026 North Texas Real Estate Information Systems