Paragon Realtors Real Estate

308 Short StreetMansfield, TX 76063Price: $300,000

  • Price: $300,000
  • Est. Mortgage of $/month
  • 10 Days on Market
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%
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $300,000List Price
  • 3Bedrooms
  • 1Bathrooms
  • 0.26Acreage
  • 1,003Square Feet

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Listed by Matt Motley of Texas Legacy Realty (817-312-6165)
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.

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Based on information submitted to North Texas Real Estate Information Services as of May 20, 2026 6:52 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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