Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View
Days143Days on Market
Views1view

$1,500,000

109 Garrett Morris Parkway, Mineral Wells, TX, 76067

On MarketInfo
CommercialInfo
Baths0 Bath
Baths729,680 Sq Ft
IndustrialIndustrial
Year BuiltBuilt in 1960

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size5.61 acres

Land Information

APN056060000
SubdivisionD L Peerson Survey A-962
Land UseIndustrial
Legal DescriptionAB 962 TR 10 D L PEERSON G#10962-00-00100-000-00-0
Census Tract000700
Assessed Land Value$496,080
Assessed Improvement Value$866,080
Assessment Year2025

About this property

Prime industrial acquisition opportunity in the heart of Mineral Wells’ established industrial corridor. This ±36,464 SF facility on ±5.6 acres offers scale, infrastructure, and flexibility rarely available in this market. Strategically positioned just off Garrett Morris Parkway with immediate access to Hwy 180 and quick connectivity to Interstate 20, the property is built to support serious production, distribution, or manufacturing operations. The building includes ±3,500 SF of office, ±20,000 SF of HVAC-served production space, 16’–18’ clear height, heavy power, one oversized grade-level door, and two dock-high loading doors enabling efficient logistics and throughput. Surrounded by major industrial users including Tractor Supply, Airgas, Polymer Adhesives, and Perone Industries, this asset is ideally suited for an owner-user seeking operational control or an investor pursuing a value-driven industrial acquisition with upside potential.

Investor Tools

Property Icon
$1,362,160
Estimated Property Value
$0Estimated Mortgage Balance
$1,362,160Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
Positive
Cash Flow Estimate:
$3,000 /month

Interested in this property?

Jennifer Young

Haskell & Fern LLC

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,046/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$29,743
$1,362,160
2025
$496,080
$866,080
$1,362,160
No

Tax History

Year
Tax Paid
Assessed Value
2024
$29,743
$1,362,160

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,362,160
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Mineral Wells

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

109 Garrett Morris Parkway | Property Details | No Agent List