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$1,090,000

1111 Brazos Drive, Mineral Wells, TX, 76067

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths2,585 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$421.66 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Electric Cooktop, Electric Oven

Exterior

Exterior FeaturesRV Hookup
Lot Size20.83 acres

Building Information

Year Built1999
Garage Spaces2

Land Information

APN064190000
Land UseResidential
Legal DescriptionAB 1255 TR 8 HT HENRY (AKA LODAL LAND TR 7) G#11255-00-00080-000-00-0
Census Tract000600
Assessed Land Value$237,490
Assessed Improvement Value$375,280
Assessment Year2025

About this property

OPPORTUNITY ZONE = TAX BENEFITS! This property includes two homes, an RV campsite, a pond, and over 20 acres! The main residence, a testament to meticulous upkeep and thoughtful updates, offers a spacious layout of 4 bedrooms and 3.5 bathrooms. Step outside to be greeted by stunning views that promise to captivate and mesmerize. The surrounding wildlife adds a touch of serene beauty to your daily life, creating a haven where you can truly relax and unwind. And for a seamless transition, the option to purchase the property furnished is available, allowing you to settle in without the fuss. For those seeking versatility, the property features a second home. Complete with 1 bedroom, 1 bathroom, and a 2-car garage, it offers endless possibilities—be it for guests, rental, or a dedicated office space. Additional value comes from the RV campsite and picnic area near the large pond. This property also presents outstanding development potential, supported by city water and sewer mains already located on-site. With the right vision, the terrain offers the opportunity to create hillside residential lots enhanced by mature trees and sweeping views of Mineral Wells. Together, these features make the property highly attractive for residential or mixed-use development, while the existing infrastructure reduces costs and streamlines future projects. With so much to offer, don’t miss the chance to make this your own slice of paradise.

Investor Tools

$0Estimated Mortgage Balance
$612,770Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,540 /month
Positive
Cash Flow Estimate:
$2,180 /month

Interested in this property?

Jenna Sims

Cornerstone Home and Ranch

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,370/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,380
$612,770
2025
$237,490
$375,280
$612,770
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,380
$612,770

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$612,770
100%
0%
$0/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.

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

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1111 Brazos Drive | Property Details | No Agent List