Mineral Wells Prime Location for Investment! 1.033 Acres sits directly off of Highway 180 on the east side of town. Road Frontage on all 4 sides of the lot. Great Land investment with immediate income, the property has 3 buildings that are currently leased generating income. Buy the property and collect rent while the area continues to grow and improve, or buy and start planning your construction project immediately. Property is already Platted into 10 separate tracts and offers a great opportunity for someone to diversify their portfolio. Build residential homes across the back on the 2nd st frontage and keep the Highway 180 frontage for future Commercial use. Multiple different options with this property as this area is growing. Come check it out!
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Price Unknown
1608 SE 1st St, Mineral Wells, TX 76067
--beds
--baths
1.03Acres
Unimproved Land
Built in 1950
1.03 Acres Lot
$-- Zestimate®
$--/sqft
$964 Estimated rent
Home value
Not available
Estimated sales range
Not available
$964/mo
Zestimate® history
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Road frontage
Zillow last checked:
Listing updated:
Listed by:
Bryson Swiggart 0634498 817-832-4273,
Compass RE Texas , LLC 214-814-8100
Bought with:
Basanta Giri
Ready Real Estate LLC
Source: NTREIS,MLS#: 20420725
Facts & features
Interior
Heating
- Other
Cooling
- Other
Property
Lot
- Size: 1.03 Acres
- Features: Corner Lot, Level, Few Trees, City Lot
Details
- Additional structures: Other, Residence
- Parcel number: 28291
- Zoning description: General Retail
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Sewer Available, Water Available
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Wynnwood
HOA
- Has HOA: No
Location
- Region: Mineral Wells
Financial & listing details
- Tax assessed value: $97,130
- Annual tax amount: $8,253
- Date on market: 9/14/2023
- Cumulative days on market: 13 days
- Listing terms: Cash,Conventional,1031 Exchange
- Exclusions: Minerals, Tenants personal belongings
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2023 | Sold | -- |
Source: NTREIS #20420725 Report a problem | ||
| 9/27/2023 | Pending sale | $585,000 |
Source: NTREIS #20420725 Report a problem | ||
| 9/14/2023 | Listed for sale | $585,000 |
Source: NTREIS #20420725 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,092 -1.4% | $97,130 |
| 2024 | $2,121 -2% | $97,130 +2% |
| 2023 | $2,164 -11.4% | $95,250 -4.5% |
| 2022 | $2,443 -3.5% | $99,790 +9.1% |
| 2021 | $2,532 +5.8% | $91,490 +12% |
| 2020 | $2,392 +26.7% | $81,660 +26.1% |
| 2019 | $1,888 +28.2% | $64,780 +26.2% |
| 2018 | $1,473 +3.3% | $51,340 |
| 2017 | $1,426 +4.6% | $51,340 +2.3% |
| 2016 | $1,364 +30.9% | $50,190 |
| 2015 | $1,042 | $50,190 +23.3% |
| 2014 | $1,042 | $40,710 |
Find assessor info on the county website
Neighborhood: 76067
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Nearby schools
GreatSchools rating
- 4/10Mineral Wells High SchoolGrades: PK-12Distance: 1.3 mi
- NAMineral Wells Junior High SchoolGrades: 7-8Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Travis
- Middle: Mineralwel
- High: Mineralwel
- District: Mineral Wells ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Texas
- Palo Pinto County
- Mineral Wells
- 76067
- 1608 SE 1st St
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