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$207,000

201 Nw 31st St, Mineral Wells, TX, 76067

$237,277 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,641 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.75 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size15,638 sqft

Building Information

Year Built1962

Land Information

APN178350000
Lot Number3
SubdivisionParkview
Land UseResidential
Legal DescriptionPARKVIEW BLK 1 LOT 3 G#P0100-00-00010-003-00-0
Census Tract000401
Assessed Land Value$20,310
Assessed Improvement Value$185,110
Assessment Year2025

About this property

Charming Home on Over Half an Acre, Minutes from Downtown Mineral Wells! This beautiful home combines rustic charm with comfort! The exterior features classic board and batten siding accented with stone and a rock wood-burning fireplace that instantly feels like home. Inside, you’ll find 4 spacious bedrooms and 2 full baths; with one room perfectly suited for a cozy den, office, or flex space. The property sits on over half an acre, including an extra vacant lot that comes with the home! (Parcel ID 21751) Enjoy a large, shaded yard with mature trees, a fenced backyard for pets or play, and peaceful surroundings that back up to the Texas Frontier Trailer Park — giving you that “out of town” feel while still being less than 5 minutes from downtown Mineral Wells. Whether you’re looking for a little more space, a country feel close to town, or room to grow — this one has it all!

Investor Tools

Property Icon
$207,000
Estimated Property Value
$40,000Estimated Mortgage Balance
$180,356Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$237,276
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$164/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$934
$205,420
2025
$20,310
$185,110
$205,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$934
$205,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jerral Mayes
Unknown
$40,000
No
First
Jan 11, 2012
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$26,644
$180,356
87%
13%
$0/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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201 Nw 31st St | Property Details | No Agent List