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$150,000

NAL Estimated Property Value

148 Whispering Oaks, Mineral Wells, TX, 76067

$175,888 ARVInfo
Recently SoldInfo
8/21/26
Beds3 Beds
Baths2 Bath
Baths1,176 Sq Ft
price_per_sqft$45.07 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesGas Range
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesOther
Lot Size1.02 acres

Building Information

Year Built1984

Land Information

APN213990000
Lot Number5
SubdivisionSouthwind Est
Land UseResidential
Legal DescriptionSOUTHWIND EST BLK 4 LOT 5 & UND INT IN PARK (TEX0306597) G#S0900-00-00040-005-00-0 MPHMAKE: SKIDMORE HOMES INCORPORATED MPHMO
Census Tract000402
Assessed Land Value$46,920
Assessed Improvement Value$91,110
Assessment Year2025

About this property

Investor special! 148 Whispering Oaks offers a rare opportunity to acquire over an acre of land with existing utilities in a rural subdivision just outside Mineral Wells. The property features a 1984 single-wide manufactured home with an attached carport and a non-original bedroom addition. Due to extensive subfloor deterioration from prolonged moisture exposure, the home is not currently habitable and requires significant structural repairs or demolition. Value is primarily in the land and utility infrastructure—public water, septic, and electric HVAC are already in place. The lot is level and accessible, ideal for redevelopment or replacement housing. Property may not qualify for traditional financing.

Investor Tools

Property Icon
$150,000
Estimated Property Value
$61,840Estimated Mortgage Balance
$88,445Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$175,887
Rent-to-Value Ratio: 0.72%
Rent Estimate
$900 /month
Positive
Cash Flow Estimate:
$300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$102/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$479
$138,030
2025
$46,920
$91,110
$138,030
No

Tax History

Year
Tax Paid
Assessed Value
2024
$479
$138,030

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Va
$73,000
Yes
First
Nov 26, 2018
Dec 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$61,840
$114,160
64%
41%
$438/mo

City: Mineral Wells

148 Whispering Oaks | Property Details | No Agent List