Agent profile image in chat bubble
Agent profile image in chat header

Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

Agent profile image in message

308 Short St , Mansfield, TX 76063
$225,000
Est. Payment: $1,158.40/mo
3 Bed
1 Bath
1003 Sqft
Status: active | Days on site: 106
Get Pre-Qualified
VCR-C15903466 - VCR-C159091383,VCR-C159052275
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Harrison Lilly, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

House Description

Calling all investors or DIYers! 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.

Highlights

Listed by Matt Motley , Texas Legacy Realty , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.26

Year Built

1942

County

Tarrant

Neighborhood

Mansfield City Of

School District

Mansfield ISD

Listing ID

21265575

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Dishwasher, Microwave
Air Cond:Central Air,Electric
Fireplaces:
Floor:Carpet,Combination,Simulated Wood,Vinyl
Other:
  • Additional:Pantry, Walk-In Closet(s), Master on Main

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Roof:Asphalt
Parking Features:Concrete,Driveway
Principal Interest
$1,158
Taxes
$101

Home Price

$225,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$45,000
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:
$1,158.40

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,158.40 $101.25 $0.00 $1,259.65
Yearly $13,900.77 $1,215.00 $0.00 $15,115.77
Total $417,023.18 $36,450.00 $0.00 $453,473.18

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Aug 2026

Average Price

All Price Ranges
N/A
Aug 2026

Average Days on Market

All Price Ranges
N/A
Aug 2026
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: 2026-08-25T01:22:49.237Z

© 2026 North Texas Real Estate Information Systems