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$780,000
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Property Description
Two contiguous parcels offering flexibility and potential for residential or mixed-use development in a rapidly growing area. Parcel Details: Lot 1: 0.97 acres (42,471 SF, per Assessor). Improved with a 3,000 SF, 4-bedroom, 2-bathroom single-family home (built in 1988). Assessed value (2024): $225,222. Lot 2: 0.89 acres (38,825 SF, calculated). Vacant residential lot ready for development. Assessed value (2024): $87,750. Zoning: Planned Development (PD) with potential for flexible uses. Traffic Counts: Over 15,000 vehicles daily on Mathis Rd, providing excellent visibility for future developments.
Full Property Details
Full Property Details for 2531 Mathis Rd
General
- Price: $780,000
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21152083
- Updated: 4/10/2026
- Added to Site: 92 day(s) ago
Location
- County: Johnson
- Subdivision: S. Mitchell
- Driving Directions: Please use GPS
School Information
- Elem School District: Mansfield ISD
- Midd School District: Mansfield ISD
- High School District: Mansfield ISD
- Elementary School: Brenda Norwood
- Middle School: Charlene McKinzey
- High School: Mansfield
Utilities
- Sewer: Aerobic Septic
- Water: Public
- Utility Description: Electricity Connected, Septic Available, Water Available
Structural Information
- Detached/Attached: Detached
- Year Built: 1988
Lot Features
- Lot Size (Acres): 1.94
- Lot Size (Sq. Ft.): 84,506.4
- Lot Size Source: Assessor
- Frontage: City Street
- Lot Features: Acreage, Cleared, Level
- Development Status: Other
- Zoning: Planned Development MANSFIELD RESERVE PD, HWY 287 DISTRICT. Property falls under the highway 287 district of the Reserve PD, which generally calls for commercial, Industrial or Office use.
Disclosures and Reports
- Property ID: 126.4176.00020
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 2531 Mathis Rd
School District:Mansfield Independent School District
| Name | Grades | Distance |
|---|---|---|
Brenda Norwood Elementary School 2000 Julian Feild St, Mansfield, TX 76063 | K-4 | 1 mi |
Charlene McKinzey Middle 700 South Matlock Road, Mansfield, TX 76063 | 7-8 | 0.7 mi |
Mansfield Lake Ridge High School 101 N Day Miar Rd, Mansfield, TX 76063 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2531 Mathis Rd
Date
Details
Price
Change
Source
1/12/2026
Listed
$780,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2531 Mathis Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$333
-1%
$87,750
—
2024
$338
390%
$87,750
—
2018
$69
-81%
$87,750
500%
2021
$370
-1%
$14,625
—
2020
$375
-6%
$14,625
—
2017
$398
2%
$14,625
—
2016
$392
3%
$14,625
—
2019
$380
-3%
$14,625
—
2015
$390
-1%
$14,625
—
2014
$392
1%
$14,625
—
2013
$389
—
$14,625
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2531 Mathis Rd
2531 Mathis Rd, Mansfield, TX 76063 (MLS# 21152083) is a Lots/Land property with a lot size of 1.94 acres. 2531 Mathis Rd is currently listed for $780,000 and was received on January 12, 2026. This property is listed by Pegasus Property Group from our Plano Office.Want to learn more about 2531 Mathis Rd? Do you have questions about finding other Lots/Land real estate for sale in Mansfield? You can browse all Mansfield real estate or contact a Coldwell Banker agent to request more information.


