962 Mitchell, Mansfield, TX 76063

$2,784,000

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List Price
$2,784,000
MLS#
20813004
Status
PENDING
Type
Land
Subtype
Land
Acres
7.87
County
Johnson
City
Mansfield

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.

Additional Information

Lot Size
342,773
Acres
7.87
School District
Mansfield Isd
Elementary School
Mary Jo Sheppard
Middle School
Charlene Mckinzey
High School
Mansfield
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Jordan Cortez from Vanguard Real Estsate Advisors. Contact: 214-556-1951