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$193,170

NAL Estimated Property Value

1503 SE 16th Avenue, Mineral Wells, TX, 76067

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,306 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$103.29 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size9,017 sqft

Building Information

Year Built2006

Land Information

APN150750000
Lot Number37,37R
SubdivisionLamar Heights
Land UseResidential
Legal DescriptionLAMAR HEIGHTS BLK 6 LT 37R (REPLAT OF LT 37) G#L0400-00-00060-037-00-0
Census Tract000700
Assessed Land Value$31,530
Assessed Improvement Value$161,640
Assessment Year2025

About this property

Well Maintained Sizable 3 bedroom 2 bath split bedrooms with eat in kitchen, breakfast bar with Open Living Concept.Separate Utility Room. Window covering thru out the home. Ceramic Tile and Carpet. Master Bath has separate sinks. Metal Fence with a 10 x 16 storage building. Covered Patio. Double Attached Carport. Close to schools and Shopping.

Investor Tools

Property Icon
$193,170
Estimated Property Value
$157,898Estimated Mortgage Balance
$35,272Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,159 /month
Positive
Cash Flow Estimate:
$386 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$432/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,218
$193,170
2025
$31,530
$161,640
$193,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,218
$193,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Unknown
$160,000
No
First
Aug 22, 2025
Aug 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,898
$35,272
18%
82%
$960/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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1503 SE 16th Avenue | Property Details | No Agent List