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$287,000

NAL Estimated Property Value

200 Shattles Rd, Mineral Wells, TX, 76067

$287,826 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,836 Sq Ft
price_per_sqft$141.56 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringCarpet, Combination, Linoleum, Parquet, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size1 acre

Building Information

Year Built1986
Garage Spaces2

Land Information

APN043960100
SubdivisionT&P Ry Co#31 Survey A-708
Land UseResidential
Legal DescriptionAB 708 TR 16A T&P RR CO#31 G#10708-00-0016A-000-00-0
Census Tract000600
Assessed Land Value$28,500
Assessed Improvement Value$190,670
Assessment Year2025

About this property

Charming 3 Bedroom, 2 bath brick home located a short distance to shopping and dining in historical Mineral Wells. Peacefully set back off the road and surrounded by beautiful mature hardwoods with access to a seasonal creek. Big backyard (additional acreage available), covered and screened sunroom patio for enjoying your morning coffee and entertaining. Perfect opportunity to make this home your own with minimal upgrades or a great opportunity for a flip, with a full renovation. Brick fireplace surround, original wood cabinetry, and some Parquet floors. Property is zoned Commercial but allows for a single family dwelling and a guest house.

Investor Tools

Property Icon
$287,000
Estimated Property Value
$414,548Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$287,826
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,722 /month
Positive
Cash Flow Estimate:
$574 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$607/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,847
$219,170
2025
$28,500
$190,670
$219,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,847
$219,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Bank Central Texas
Unknown
$215,000
No
First
Apr 5, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$414,548
N/A
0%
144%
$2,580/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.

Explore Texas Explore This Area
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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200 Shattles Rd | Property Details | No Agent List