2 Acres of Residential Land with Home for Sale in Mansfield, Texas
7112 Santa Fe Trl W, Mansfield, TX 76063
You have a property with three acres of land, but the seller is only offering two acres for sale. The first two acres include the area where a home with a brick foundation currently sits, but the home itself needs significant renovation or could potentially be torn down for new construction. The remaining acre is presumably available for further development Cost Analysis:
Determine the overall cost involved in renovating the existing home versus tearing it down and building a new one.
Consider the potential return on investment and market demand for new construction in the area.
Infrastructure and Utilities:
Engage builders, real estate professionals who can provide insights into the feasibility of your plans and help navigate the regulatory landscape.
Financing:
Consider the financing options available for both renovation and new construction. Lenders may have specific requirements for different types of projects.
also the land goes back to the encore wires
Property details
- County
- Tarrant County
- Community
- Gum Club North Add
- Elevation
- 676 feet
- MLS Number
- NTREIS 20502067
- Date Listed
Legal description
SIMPSON, WILSON SURVEY ABSTRACT 1460 TRACT 4E
Parcels
- 04193288
Resources
Detailed attributes
Listing
- Type
- Residential
- Subtype
- Single Family Detached
Structure
- Stories
- 1
Interior
- Rooms
- Bedroom x 3, Full Bath
- Appliances
- Cooktop - Gas
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Cora Spencer | Elementary | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Apr 11, 2024 | Price decrease | $190,000 | $45,000 -19.1% | NTREIS |
| Mar 2, 2024 | Price decrease | $235,000 | $85,000 -26.6% | NTREIS |
| Jan 3, 2024 | New listing | $320,000 | — | NTREIS |