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$184,360

NAL Estimated Property Value

1103 SE 15th Street, Mineral Wells, TX, 76067

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,100 Sq Ft
TriplexTriplex
price_per_sqft$88.05 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesGas Range

Exterior

Lot Size11,500 sqft

Building Information

Year Built1930

Land Information

APN090390000
Lot Number1
SubdivisionArrington
Land UseResidential
Legal DescriptionARRINGTON BLK E LOTS 1 & 15X100 CLOSE ST G#A0400-00-0000E-001-00-0
Census Tract000800
Assessed Land Value$32,870
Assessed Improvement Value$151,490
Assessment Year2025

About this property

Just getting started with your investing or wanting to add to your rental portfolio? Here’s your chance. 3 units, 2 in one building are 1 bed and 1 bath with a separate building that is 2 beds and 1 bath. The 1 bed, 1 bath units are currently leased and the 2 bed, 1 bath is in need of being finished out after having been gutted.

Investor Tools

Property Icon
$184,360
Estimated Property Value
$241,578Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,109 /month
Positive
Cash Flow Estimate:
$370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$408/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,971
$184,360
2025
$32,870
$151,490
$184,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,971
$184,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Grandview Bank
Purchase Money Mortgage
$260,652
No
First
Jun 8, 2022
Dec 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,578
N/A
0%
131%
$1,563/mo

Learn About the Market: Opportunity in Texas

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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.

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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

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1103 SE 15th Street | Property Details | No Agent List