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Days784Days on Market
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$550,000

112 S Oak Avenue, Mineral Wells, TX, 76067

On MarketInfo
CommercialInfo
Baths45,000 Sq Ft
RetailRetail
Year BuiltBuilt in 1900

Highlights

Interior

FlooringHardwood

Exterior

Lot Size2,483 sqft

Building Information

Year Built1900

Land Information

APN160470000
Lot Number6
SubdivisionLynch
Land UseCommercial
Legal DescriptionLYNCH BLK 8 LOT 6 (25X100) --- G#L0700-00-00080-006-00-0 --- ALL STAR ATHLETICS
Census Tract000900
Assessed Land Value$50,000
Assessed Improvement Value$231,190
Assessment Year2025

About this property

Rare opportunity to purchase Commercial property on the most popular, thriving block in Downtown Mineral Wells! Nestled in between the newly opened Greer Western Store and the very busy Market at 76067 boutique-style shopping complex, this 2,500 square foot storefront features all the historical charm of days-gone-by, including high, pressed-tin ceilings, hardwood floors, and a large glass display window. This high-volume traffic hotspot has both sidewalk window-shopper frequency, and perfect visibility from the center block of Hwy 281, between both sides of the Hwy 180 split. Delivery access and plenty of parking in the shared lot behind the business, with street parking in the front. Current business tenant has lease through September 2025. Come be a part of the exciting growth and tourism in the recently designated Wellness Capital of Texas and make your dream business become a reality! This is it!

Investor Tools

$272,857Estimated Mortgage Balance
$8,333Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

Interested in this property?

Christy Dorr

Cornerstone Home and Ranch

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$533/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,995
$281,190
2025
$50,000
$231,190
$281,190
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,995
$281,190

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Conventional
$303,450
No
First
Feb 25, 2021
Feb 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,857
$8,333
2%
97%
$1,820/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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112 S Oak Avenue | Property Details | No Agent List