Funding type
This project is privately funded, on private land for private use.
Watermill Square Building 2 in Mansfield, TX
west broad street and main street, Mansfield, TX, 75063
Watermill Square Building 2 is a new construction project at west broad street and main street, Mansfield, in Tarrant County, TX, tracked from its Texas Department of Licensing and Regulation (TDLR) registration. Scheduled to finish Feb 2026 per its TDLR filing; no final inspection recorded yet. The project has an estimated value of $1.5M across about 11,118 sq ft.
- Estimated project value
- $1.5M
About this figure
Estimated construction cost supplied in the TDLR filing. This is not a current property appraisal or a final construction invoice.
- Reported floor area
- 11,118 ft²
About this figure
Square footage reported for this scope of work. It may cover only part of a larger property.
- Estimated cost / ft²
- $135/sqft
About this figure
Calculated from this filing’s estimated cost divided by its reported square footage. Available only when both figures are supplied; it is not a market benchmark.
- Scheduled duration
- 3 months
About this figure
The interval between the filed start and completion dates. These dates describe the proposed schedule and do not measure actual construction progress.
The project record
Project timeline
Explore filed milestones and scheduled dates. Open a milestone for its source.
4 timeline dates shown.
Project registered · TDLR filing
Registration of the project with the Texas Department of Licensing and Regulation.
Source: TDLR filing
View source recordScheduled construction start · Scheduled date
A date supplied in the filing; this does not confirm that work started or finished.
28 days after the preceding date shown.
Source: TDLR filing
View source recordScheduled completion · Scheduled date
A date supplied in the filing; this does not confirm that work started or finished.
82 days after the preceding date shown.
Source: TDLR filing
View source recordReview complete · TDLR filing
The filing records completion of the accessibility review.
47 days after the preceding date shown.
Source: TDLR filing
View source record
📰About Watermill Square Building 2
Watermill Square Building 2 stands on the corner of West Broad Street and Main Street in Mansfield, Texas. This new construction project involves the shell of an 11,118 sq ft structure, developed by Nack Development. The estimated cost of the build is $1,500,000, which calculates to $135 per square foot. This figure is close to the Tarrant County median of $120 per square foot for similar new construction filings.
Project Scope and Timeline
Nack Development registered this project with TDLR in October 2025. The filing indicates a scheduled construction start in November 2025 and a completion date of February 2026. The planned build window of 82 days is shorter than the Tarrant County median of 214 days for new construction projects. TDLR completed the plan review process in March 2026.
The project is privately funded and located on private land for private use. It is part of a broader development effort by Nack Development, which has six other TDLR-registered projects totaling $8,915,000. These include Watermill Square Building 1 in Mansfield, valued at $8,000,000, and other projects in Frisco and Lewisville. The estimated cost of this specific building is above the county median of $800,000 for its type.
Despite the scheduled completion date having passed, TDLR has not yet recorded a final inspection. Therefore, the current state of the site is not confirmed in the public record. The registration status remains Review Complete, but the absence of a final inspection means the project's physical completion is not verified by the state authority.
The surrounding area, Mansfield, has a population of about 45,486 residents according to U.S. Census ACS 2023 estimates for ZIP code 75063. The median household income in this area is $117,583, and the median owner-occupied home value is $509,500. Housing in this ZIP code is mostly renter-occupied, with 18,747 housing units recorded.
Jeffrey A Gutknecht is the registered accessibility specialist for this project. The construction is situated in Tarrant County, where the unemployment rate was 4.7 percent in June 2026, higher than a year earlier. The project details provided are strictly from the TDLR filing and do not confirm operational status or business opening.
Review Complete
Design review complete, construction may proceed
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Watermill Square Building 2 is a New Construction project located at west broad street and main street, Mansfield, TX 75063 in Mansfield, Texas. The project has an estimated value of $1.5M covering 11,118 sq ft. Nack Development is the property owner. The project was registered with TDLR on October 14, 2025.
Frequently Asked Questions
Is Watermill Square Building 2 open for business?
The TDLR record does not confirm the building is open. It shows the project is privately funded and has not yet recorded a final inspection, so the site's current state is not verified in the public record.
Who is developing Watermill Square Building 2 in Mansfield?
Nack Development is the owner and developer of record. They have six other TDLR-registered projects in the region, including Watermill Square Building 1 in Mansfield and several projects in Frisco and Lewisville.
What is the estimated cost of this new construction?
The estimated cost is $1,500,000. This amount is above the Tarrant County median of $800,000 for similar new construction filings, though the cost per square foot is close to the county median.
When was the plan review completed for this project?
TDLR completed the plan review in March 2026. The project was registered in October 2025, with a scheduled construction start in November 2025 and a planned completion in February 2026.
What is the accessibility specialist for this building?
Jeffrey A Gutknecht is the registered accessibility specialist listed in the TDLR filing for Watermill Square Building 2. This registration ensures compliance with accessibility standards during the construction process.
What is Watermill Square Building 2?
Watermill Square Building 2 is a new construction project at west broad street and main street in Mansfield, Texas, registered with the Texas Department of Licensing and Regulation (TDLR). Scope of work: New build of shell building
Is Watermill Square Building 2 open in Mansfield?
Watermill Square Building 2 was scheduled to finish construction in Feb 2026 according to its TDLR registration, but TDLR has not recorded a final accessibility inspection, so its opening status is not confirmed in the public record.
Where is Watermill Square Building 2 located?
Watermill Square Building 2 is located at west broad street and main street, Mansfield, TX, 75063, in Tarrant County.
Who is the owner or developer of Watermill Square Building 2?
Nack Development is the property owner/developer of record for Watermill Square Building 2, per its TDLR project registration.
How much does Watermill Square Building 2 cost and how big is it?
Watermill Square Building 2 has an estimated construction value of $1.5M and approximately 11,118 square feet (about $135/sqft), based on its TDLR filing.
Scope of Work
New build of shell building
Note: This project is registered under the Texas Accessibility Standards (TAS) program. TDLR registration is required for commercial and public facility construction to ensure compliance with accessibility requirements under Texas Government Code Chapter 469.
Location & views
west broad street and main street, Mansfield, TX, 75063
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