Charming 2 Bedroom, 1 Bath Rental Opportunity – Great Investment or Starter Home! Built in 1950, this classic 2-bedroom, 1-bath home offers solid bones and character. While the property has not been updated, it has been well-maintained and is in good, livable condition—tenant occupied, but is ready for a new owner’s personal touch. Featuring a simple, functional layout and located in an established neighborhood, this home is ideal for investors looking to generate rental income or first-time buyers seeking an affordable entry into homeownership. Don't miss this opportunity to own a dependable property with great potential!
Sold
Price Unknown
505 SW 13th Ave, Mineral Wells, TX 76067
2beds
976sqft
Single Family Residence
Built in 1950
10,454 Square Feet Lot
$107,700 Zestimate®
$--/sqft
$1,139 Estimated rent
Home value
$107,700
Estimated sales range
Not available
$1,139/mo
Zestimate® history
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Simple functional layout
Zillow last checked:
Listing updated:
Listed by:
Carolyn Shipp 0571065 940-325-9144,
SOURCE 1 REAL ESTATE 940-325-9144
Bought with:
Diana Bretz
Weichert REALTORS, Team Realty
Source: NTREIS,MLS#: 20908109
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 1 x 1
Living room
- Level: First
- Dimensions: 1 x 1
Features
- High Speed Internet
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 976 sqft
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 10,454 Square Feet
Details
- Parcel number: 15637
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Detached
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Edgewood
HOA
- Has HOA: No
Location
- Region: Mineral Wells
Financial & listing details
- Tax assessed value: $93,550
- Annual tax amount: $1,968
- Date on market: 4/18/2025
- Cumulative days on market: 51 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 6/6/2025 | Sold | -- |
Source: NTREIS #20908109 Report a problem | ||
| 4/29/2025 | Contingent | $112,500$115/sqft |
Source: NTREIS #20908109 Report a problem | ||
| 4/18/2025 | Listed for sale | $112,500+116.3%$115/sqft |
Source: NTREIS #20908109 Report a problem | ||
| 12/6/2019 | Listing removed | $52,000$53/sqft |
Source: Ender & Associates Realty #14154231 Report a problem | ||
| 9/4/2019 | Pending sale | $52,000$53/sqft |
Source: Ender & Associates Realty #14154231 Report a problem | ||
| 8/9/2019 | Listed for sale | $52,000$53/sqft |
Source: Ender & Associates Realty #14154231 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,015 +2.4% | $93,550 +3.8% |
| 2024 | $1,968 +4.1% | $90,120 +8.3% |
| 2023 | $1,890 -3.1% | $83,180 +4.4% |
| 2022 | $1,950 +38.1% | $79,640 +56.1% |
| 2021 | $1,412 +4.5% | $51,020 +10.6% |
| 2020 | $1,352 +45.2% | $46,140 +44.5% |
| 2019 | $931 +1.6% | $31,930 |
| 2018 | $916 -5.8% | $31,930 -8.8% |
| 2017 | $973 +127.5% | $35,020 +122.5% |
| 2016 | $428 +6.1% | $15,740 |
| 2015 | $403 | $15,740 |
| 2014 | $403 | $15,740 |
Find assessor info on the county website
Neighborhood: 76067
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Nearby schools
GreatSchools rating
- 4/10Mineral Wells High SchoolGrades: PK-12Distance: 3.1 mi
- NAMineral Wells Junior High SchoolGrades: 7-8Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Houston
- 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.
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Estimated market value
$107,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$107,700
- Texas
- Palo Pinto County
- Mineral Wells
- 76067
- 505 SW 13th Ave
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