Last 24 Hours
$319,000
114 SE 1st Street, Mineral Wells, TX, 76067
On Market
Commercial
— Beds
— Bath
47,500 Sq Ft
Retail
Built in 1947Highlights
Interior
Bedrooms —
Bathrooms —FlooringConcrete
Exterior
Lot Size2,483 sqft
Land Information
APN160170000
Lot Number7
SubdivisionLynch
Land UseCommercial
Legal DescriptionLYNCH BLK 6 LOT 7 (25X100) G#L0700-00-00060-007-00-0
Census Tract000800
Assessed Land Value$50,000
Assessed Improvement Value$146,390
Assessment Year2025
About this property
Want to be in the heart of Mineral Wells then this is your space! Completely gutted in 2025 and new roof and ceiling built. Big windows cut into the front of the building and all new doors, awning and concrete floor. Ready for you to improve the space the way you want it. Endless possibilities in this clean slate space with brick and stone walls. Current taxes are $4230, Buyers agent to verify all information for their buyer.
Investor Tools
$0Estimated Mortgage Balance
$196,390Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,914 /month
Positive
Cash Flow Estimate:
$638 /month
Interested in this property?
ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$374/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,502
$196,390
2025
$50,000
$146,390
$196,390
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,502
$196,390
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$196,390
100%
0%
$0/mo
12.4%