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$352,000

1285 Shattles, Mineral Wells, TX, 76067

$398,988 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,897 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.81 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Gas Range, Gas Water Heater, Refrigerator
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size1.92 acres

Building Information

Year Built1968
Garage Spaces2

Land Information

APN118580000
Lot Number7
SubdivisionFairfield Acres
Land UseResidential
Legal DescriptionFAIRFIELD ACRES BLK 3 LOT 7 G#F0100-00-00030-007-00-0
Census Tract000401
Assessed Land Value$88,320
Assessed Improvement Value$236,670
Assessment Year2025

About this property

Just outside of city limits sits a 3 bedroom and 2 bathroom house on a huge 3.84-acre corner lot. Come see this newly updated home. From the kitchen with its stunning title back splash and quartz countertops with all-new cabinets to the new GE appliances. The kitchen flows directly into a large dining room and living room with high ceilings. On the other end of the home sits 3 generously sized bedrooms and 2 bathrooms. Just out the back doors sits your peaceful and private fully fenced backyard that has a covered sitting area perfect for grilling season. Raised garden boxes not to mention a 13-foot-deep pool for all your summer fun. Into the pasture sits 4 loaf sheds for your animals to shelter. With 2 having running water. Separately fenced off coral. Chicken coop and outbuilding. This property also has a detached workshop that has electricity and its separate propane tank for heat. It is a perfect place for an office or even a guest bedroom. Just minutes to all town's amenities.

Investor Tools

Property Icon
$352,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$398,987
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$579/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,187
$324,990
2025
$88,320
$236,670
$324,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,187
$324,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Radius Financial Group Inc
Fha
$382,936
Yes
First
Mar 31, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$385,781
N/A
0%
110%
$2,451/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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1285 Shattles | Property Details | No Agent List