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$195,990

NAL Estimated Property Value

1916 11th Street, Mineral Wells, TX, 76067

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,330 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.34 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesPrivate Yard, Storage
Lot Size11,456 sqft

Building Information

Year Built1962
Garage Spaces2

Land Information

APN149580000
Lot Number15
SubdivisionLamar Heights
Land UseResidential
Legal DescriptionLAMAR HEIGHTS BLK 2 LT 15 G#L0400-00-00020-015-00-0
Census Tract000700
Assessed Land Value$32,850
Assessed Improvement Value$163,140
Assessment Year2025

About this property

Step into this well maintained home, where classic charm meets modern potential! Nestled on a spacious corner lot, this delightful residence features three cozy bedrooms and two bathrooms making it an ideal space for family or anyone looking for room to grow. As you enter, you'll be welcomed by ample natural light and a layout that feels both inviting and functional. The property boasts a fenced backyard with storage building, offering a private oasis for outdoor activities, gardening, or simply enjoying the fresh air. With just a few updates needed, you can easily turn this gem into your dream home, whether you prefer a full remodel or just some personal touches.

Investor Tools

Property Icon
$195,990
Estimated Property Value
$170,472Estimated Mortgage Balance
$25,518Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,176 /month
Positive
Cash Flow Estimate:
$392 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$150/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$815
$195,990
2025
$32,850
$163,140
$195,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$815
$195,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Unknown
$171,717
No
First
Dec 10, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,472
$25,518
13%
87%
$1,030/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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1916 11th Street | Property Details | No Agent List