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Johnson 76084 Mansfield South
1500 South Drive
$110,000
● Land - Off Market

1500 South Drive

Venus, TX 76084
bedrooms
Studio
bathrooms
0 Bath
$565
Est. Monthly

About This Property

This rare 1.11-acre lot in Venus, TX is a blank canvas with endless potential. Located in a quiet neighborhood with no known restrictions, this lot is fully fenced and ready for your dream home, manufactured housing, or future investment project. The property is mostly cleared with scattered mature trees lining the perimeter, offering privacy and scenic views. Utilities are available nearby (buyer to verify), and it's nestled in Venus ISD, just 30 minutes south of Fort Worth with easy access to Hwy 67 and I-35W. No HOA, agricultural exemption potential, and located on a city street with a peaceful country feel. Perfect for those looking to build, place a mobile home, or hold as a long-term investment in a growing area of Johnson County.
Unit Size
-
Days on Market
-
Land Size
1.11 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2019

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (NTREIS #20947908)

Price History

Date / Event Date Event Price
Jun 16, 2025 Sold
Premium
Sold
Jun 5, 2025 In contract -
In contract
May 29, 2025 Listed by Fathom Realty, LLC $115,000
Listed by Fathom Realty, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,352
  • Total Building Area: 1,568
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: MANSFIELD SOUT
  • Land Acres: 0000001110
  • Standard Land Use Code: 8008
  • County Land Use Code: C3
  • State Land Use Code: C3
  • Mobile Home Indicator: T
  • Legal Description 1: LOT 76 MANSFIELD SOUTH

Neighborhood

  • School District Name: Venus Independent School District
  • School Tax School District: VENUS ISD
  • Census Tract: 130412

Geography

  • Assessors Map Reference: 126.4450.00760
  • Account Number: R000058918
  • Parcel: 126-4450-00760
  • Lot: 76
  • Municipality: VENUS
  • Latitude: 32.4658
  • Longitude: -97.1301

    Address

  • Full Address: 1500 South Dr
  • Address - House Number: 1500
  • Address - Street Name: South
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Venus
  • Carrier Code: R003
  • 4-Digit Zip Code: 3435
  • Zip Code: 76084

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $147,230
  • Tax Rate Code Area: 8

    Market Valuation

  • Market Total Value: $75,480
  • Market Land Value: $75,480

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $75,480
  • Assessed Land Value: $75,480
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Mansfield South

Stats & Trends

Median Asking:

$339,000

Sale Price/ft²

$178

Above Asking

0.00%

Average Days on Market

6

Average Home Size

4886 ft²

Average Home Age

8 years

Currently For Sale

1 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

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NTREIS

Listed by: Gabriela Emerton, Fathom Realty, LLC
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20947908
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1500 South Drive built and last sold?
The property at 1500 South Drive was built in 2019 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1500 South Drive is $0.
What are some comparable homes to 1500 South Drive?
There are currently no comparable homes to 1500 South Drive.
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