INVESTOR SPECIAL! This 2-bedroom, 1-bath 1940s bungalow near downtown Mineral Wells offers an exciting opportunity to flip, renovate, or add to your rental portfolio as this growing community continues to attract new investment. Priced to sell, the property features solid construction, authentic period details, hardwood floors, and quality lumber ready to be brought back to life. With cosmetic and structural repairs needed, this is a chance to create value and restore the charm of a classic Mineral Wells home. Located just a few blocks from the historic downtown district, you'll be close to the iconic Baker Hotel, Crazy Water Hotel, restaurants, shops, and other local attractions. With its location, character, and potential, this property offers multiple possibilities for an investor looking to capitalize on the continued growth and revitalization of Mineral Wells.
For sale
$84,900
512 NW 5th St, Mineral Wells, TX 76067
2beds
992sqft
Single Family Residence
Built in ----
5,009 Square Feet Lot
$-- Zestimate®
$86/sqft
$-- HOA
What's special
Solid constructionHardwood floorsAuthentic period detailsQuality lumber
- 46 days
- 369
- 9
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jo Lynn Miller 0595352 940-636-3349,
Lake Homes Realty, LLC 832-283-3233
Source: NTREIS,MLS#: 21376776
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 1 x 1
Kitchen
- Level: First
- Dimensions: 1 x 1
Living room
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 1 x 1
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Range, Disposal
- Laundry: Washer Hookup, Dryer Hookup
Features
- Other
- Flooring: Wood
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 992 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Detached Carport
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Pool features: None
- Fencing: Chain Link
Lot
- Size: 5,009 Square Feet
- Features: Few Trees
- Residential vegetation: Grassed
Details
- Parcel number: 27743
- Other equipment: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Detached
- Property subtype: Single Family Residence
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Resale
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Overhead Utilities, Sewer Available, Water Available
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Wiggins Add
HOA
- Has HOA: No
Location
- Region: Mineral Wells
Financial & listing details
- Price per square foot: $86/sqft
- Tax assessed value: $100,100
- Annual tax amount: $2,156
- Date on market: 9/8/2026
- Cumulative days on market: 48 days
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2026 | Listed for sale | $84,900-22.1%$86/sqft |
Source: NTREIS #21376776 Report a problem | ||
| 7/25/2026 | Listing removed | $108,999$110/sqft |
Source: NTREIS #21129361 Report a problem | ||
| 4/3/2026 | Price change | $108,999-24.6%$110/sqft |
Source: NTREIS #21129361 Report a problem | ||
| 2/15/2026 | Price change | $144,500-3.3%$146/sqft |
Source: NTREIS #21129361 Report a problem | ||
| 12/16/2025 | Listed for sale | $149,500$151/sqft |
Source: NTREIS #21129361 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,156 +11.8% | $100,100 |
| 2024 | $1,928 +15.3% | $100,100 +36% |
| 2023 | $1,672 -7.2% | $73,600 |
| 2022 | $1,802 +3.2% | $73,600 +16.6% |
| 2021 | $1,747 +22.1% | $63,130 +29.2% |
| 2020 | $1,431 +10.2% | $48,850 +9.6% |
| 2019 | $1,299 +9.4% | $44,560 +7.7% |
| 2018 | $1,188 +3.3% | $41,390 |
| 2017 | $1,150 +28.4% | $41,390 +25.6% |
| 2016 | $895 +6.1% | $32,950 |
| 2015 | $844 | $32,950 |
| 2014 | $844 | $32,950 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 76067
Nearby schools
Schools provided by the listing agent
- Elementary: Lamar
- 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.






