308 Short Street

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.

Courtesy of Texas Legacy Realty — listing agent Matt Motley
Contact the listing firm: 817-312-6165 · broker@texaslegacyrealty.com

Home facts

Overview

Price

$225,000

Price per sq ft

$224

Status

Active

Property type

Single Family Residence

Year built

1942

Style

Detached

Stories

1

Levels

One

Days on market

96

Price last changed

Aug 15, 2026

Bedrooms & bathrooms

Bedrooms

3

Full bathrooms

1

Living area

1,003 sq ft

Interior

Features

Pantry, Walk In Closets

Appliances

Dishwasher, Microwave

Flooring

Carpet, Combination, Simulated Wood, Vinyl

Heating

Central, Electric

Cooling

Central Air, Electric

Exterior & lot

Lot size

0.263 acres · 11,456.28 sq ft

Roof

Asphalt

Parking

Parking

Concrete, Driveway

HOA & taxes

HOA

No

Annual property tax (per MLS)

$1,215

Utilities & efficiency

Utilities

Sewer Available, Water Available

Water

Public

Sewer

Public Sewer

Take the virtual tour

Facts are from the listing on the NTREIS MLS, shown as provided. Verify anything important to you.

Assigned schools

• ElementaryNancy NealMansfield ISDRatings on GreatSchools
• MiddleJames CobleMansfield ISDRatings on GreatSchools
• HighMansfieldMansfield ISDRatings on GreatSchools

School assignments come from the MLS and can change, so confirm them with the district. For school ratings and accountability reports, see GreatSchools.org and TXschools.gov (Texas Education Agency). Information provided for general reference; buyers should independently verify schools, districts, and community details.

Neighborhood & nearby

Mansfield City Of subdivision · Mansfield, TX 76063 · Tarrant County

Parks

• The Lot in Downtown 0.3 mi
• Kathryn Rose Memorial Park 0.5 mi
• McClendon Park East 0.7 mi
• Mansfield Town Park 0.8 mi

Dining

• Taqueria La Ventana 0.2 mi
• Twisted Root Burger Co. 0.2 mi
• Del Toro BBQ 0.2 mi
• Meehan's Chophouse 0.2 mi

Groceries & shopping

• Walmart Supercenter 1.2 mi
• H-E-B 1.5 mi

Library & movies

• Mansfield Public Library 0.9 mi

Straight-line distances. Places data © OpenStreetMap contributors. Information provided for general reference; buyers should independently verify schools, districts, and community details.