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223 Depot St, Mansfield, TX, 76063

--beds
0baths
57,214sqft
$2,207,000
$39price/sqft
$21,774/moest. monthly cost
$870,960/yrincome needed

About This Home

Incredible Commercial Opportunity in the Heart of Downtown Mansfield, TexasLocated just off Main Street, in a prime development location with a hard corner on both Sycamore and Depot streets. The local area sees a total of 35,338 vehicles daily. The subject property boasts 3,000 square foot of building space with an existing parking lot along with additional parking across Sycamore Street.Area utilities include city water, telephone services, electricity, and natural gas. The property is zoned for commercial use allowing for restaurants, brewery, retail, entertainment and much more. 3 Phase Electricity available.The property features level to sloping terrain with ample parking and outdoor seating, the property is set up with a state-of-the-art kitchen allowing for expedited restauranteering.Seize this unique chance to own part of the Historic Downtown Mansfield. The local area dates back to the early 1800's. For more details and to explore this opportunity. Contact us today!MARKET HIGHLIGHTSMansfield, Texas offers several benefits. The city's strategic location in the Dallas-Fort Worth metroplex ensures excellent accessibility. Mansfield's robust and diverse economy, coupled with pro-business policies, fosters a thriving commercial environment. The city's significant population growth and high quality of life increase demand for commercial services. A stable real estate market and continuous infrastructure investment enhance property value and business operations. Additionally, community support and development opportunities make Mansfield a highly attractive location for commercial property investment.DEMOGRAPHICS: 1 Mile 3 Mile 5 Mile Total Population 2025 7,577 50,440 139,545 Total Daytime Population 16,189 59,423 121,676 Average HH Income $79,543 $136,543 $144,162 *Demographic data derived from 2025 ESRI, 2025 HH data N/A Mansfield Texas Infrastructure and Zoning ( City of Mansfield, TX - Development Projects ( Utility Providers: Atmos Energy (Gas), Oncor Electric, ATT (Internet) Improvements: Stage, Commercial Building, Patio

Getting Around

62
WalkingSomewhat Walkable
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

4/10
6/10
5/10

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Other

Interior

Features

  • Cable Ready

Interior Area

  • Total structure area: 57,214
  • Total interior livable area: 57,214 sqft

Property

Lot

  • Lot size: 1.31 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Hail
Heat Wave
Tornado

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $11,159$133,908
Home Insurance *$1,501$18,012
Property Taxes $2,832$33,984
Electricity $6,282$75,389
Total$21,774$261,288
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$746,537/yr
40% on housing$653,220/yr
45% on housing$580,640/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.9%
4.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$39This listing

vs Other Active Listings

Avg $/sqft

ZIP 76063$188
Tarrant County$194

vs Homes Sold Last Month

Median $/sqft

ZIP 76063$179
Tarrant County$178

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-12-01Price change$1,800,000
2025-09-11Listed for sale$2,207,000

For Sale by Agent

AgentMiller Cox
BrokerageHomeLand Properties, Inc.

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