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$214,710

NAL Estimated Property Value

1701 Lamar Street, Mineral Wells, TX, 76067

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,461 Sq Ft
price_per_sqft$155.72 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringConcrete, Laminate

Exterior

Exterior FeaturesStorage
Lot Size13,591 sqft

Building Information

Year Built1968
Garage Spaces2

Land Information

APN149820000
Lot Number9
SubdivisionLamar Heights
Land UseResidential
Legal DescriptionLAMAR HEIGHTS BLK 3 LT 9 G#L0400-00-00030-009-00-0
Census Tract000700
Assessed Land Value$34,000
Assessed Improvement Value$180,710
Assessment Year2025

About this property

Multiple offers received. Beautifully updated 3 bedroom 2 bath home on a big corner lot. You will walk into an open living and dining area that leads into the kitchen with new countertops, backsplash and dishwasher. There is a special feature rustic wall in the living room and bath. You also have a wood burning fireplace to enjoy the cool nights. Walk out the new french doors into the spacious backyard with a storage shed and side entry garage. Updates include: Fresh paint, trim, cedar posts, flooring, custom rustic wood trim, can lights, ceiling fan, dishwasher, AC unit, french doors, kitchen countertops, lighting and front door. Don't forgot to notice the metal roof that gives you the extra protection from hail, wind and rain.

Investor Tools

Property Icon
$214,710
Estimated Property Value
$161,316Estimated Mortgage Balance
$53,394Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,365 /month
Positive
Cash Flow Estimate:
$455 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$398/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,701
$214,710
2025
$34,000
$180,710
$214,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,701
$214,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$171,000
No
First
Apr 20, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$161,316
$53,394
24%
75%
$1,026/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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1701 Lamar Street | Property Details | No Agent List