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$2,784,000
Est. payment /mo
7.87 Acres Lot
UPDATED:
01/10/2025 07:10 PM
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20813004
HOA Y/N None
Lot Size 7.869 Acres
Acres 7.869
Property Sub-Type Improved Land
Property Description
Vanguard Real Estate Advisors (VREA) has been exclusively retained by Ownership to offer home builders and developers the opportunity to acquire 87 townhome lots (the Site) located along South Mitchell Road in Mansfield, TX; Ownership's preference is to sell paper lots but they would also be open to selling and developing finished lots. Ideally situated equidistant to Highway 287 and State Highway 360, the Site benefits from Planned Development Zoning, which allows for attached townhomes that would be conducive to For Sale or For Rent product. Ownership has a conditional preliminary plat that is pending city approval showing 87 townhome lots, with primarily 22' x 80' lot sizes. The Planned Development Zoning requires a minimum living area of 1,500 SF and rear entry garages. The Site is served by Mansfield ISD which has an A rating.
Location
State TX
County Johnson
Zoning PD
Direction The site is located along S Mitchell Road.
Exterior
Utilities Available City Sewer, City Water
Garage No
Building
Lot Description Acreage
Schools
Elementary Schools Mary Jo Sheppard
Middle Schools Charlene Mckinzey
High Schools Mansfield
School District Mansfield Isd
Others
Restrictions None
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20813004
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Listed by Jordan Cortez • Vanguard Real Estsate Advisors