$275,000

Mansfield City Of, Mansfield — 32 days on the market.

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.