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$643,320

1438 Kite Rd, Mineral Wells, TX, 76067

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,502 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$399.66 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesWater Purifier, Dishwasher, Disposal, Electric Oven, Electric Water Heater, Gas Cooktop, Microwave, Convection Oven, Tankless Water Heater, Vented Exhaust Fan, Water Softener
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage, Other
Lot Size2 acres

Building Information

Year Built2012
Garage Spaces2

Land Information

APN043620200
SubdivisionT&P Ry Co #27 Survey A-706
Land UseResidential
Legal DescriptionAB 706 TR 4-1-A T&P RY CO#27 --- G#10706-00-00040-001-0A-0 --- J-L PLUMBING
Census Tract000401
Assessed Land Value$49,000
Assessed Improvement Value$594,320
Assessment Year2025

About this property

Welcome to this exceptional custom-built, one-owner home nestled near the end of a peaceful paved country road. Situated on 10 picturesque acres, this property includes 2 fully fenced, landscaped acres surrounding the home plus an additional 8-acre pasture—perfect for animals, recreation, or simply soaking in the wide-open beauty. The home’s curb appeal is enhanced by meticulously maintained landscaping and a lush front and backyard, all accented by a concrete sidewalk that surrounds the house. One acre has a sprinkler system with a drip line to all the trees, an amazing feature. Inside, you’re greeted by a stunning entryway leading into an expansive open-concept living and kitchen area, ideal for gatherings and everyday living. The space features engineered hardwood floors, a striking gas fireplace, and large windows along the back wall that frame serene views of the pasture. The kitchen is a chef’s dream with an oversized granite island, high-end gas cooktop, stainless steel appliances, and a generous walk-in pantry. The spacious primary suite is a true retreat, featuring a luxurious bathroom with granite-topped dual vanities, tile flooring, and an impressive walk-in shower. A split-bedroom layout offers privacy for three additional bedrooms and a full bath with granite countertops and a tiled shower. Upstairs, a large bonus room with a full bath provides flexible space for guests, a home office, or a media room. The utility room is equally well-appointed with cabinets, a separate sink, and granite countertops. Step outside to a large covered patio—perfect for relaxing or entertaining—as you enjoy the views and peaceful surroundings. Adding even more value is an outstanding 60’ x 40’ fully insulated workshop with paved parking, three roll-up doors, and three exterior doors, making it ideal for hobbies, equipment, or business use. This rare property blends modern comfort with rural charm—don’t miss your chance to make it your own.

Investor Tools

Property Icon
$643,320
Estimated Property Value
$210,713Estimated Mortgage Balance
$493,578Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,000 /month
Positive
Cash Flow Estimate:
$2,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$895/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,522
$643,320
2025
$49,000
$594,320
$643,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,522
$643,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Unknown
$210,713
No
First
Jul 1, 2013
Jul 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,742
$545,258
78%
23%
$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.

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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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1438 Kite Rd | Property Details | No Agent List