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Days294Days on Market
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$279,000

203 Sw 7th Ave, Mineral Wells, TX, 76067

On MarketInfo
CommercialInfo
Baths50,000 Sq Ft
OfficeOffice
Year BuiltBuilt in 1969

Highlights

Interior

FlooringCarpet, Concrete, Laminate

Exterior

Lot Size18,077 sqft

Building Information

Year Built1969

Land Information

APN110730000
Lot NumberN110.12
SubdivisionCollege
Land UseCommercial
Legal DescriptionCOLLEGE BLK 8 LT N110.125 OF B OF 2 & STR CLOSURE 13.5X110 G#C0300-00-00080-002-0B-1
Census Tract000900
Assessed Land Value$41,770
Assessed Improvement Value$94,630
Assessment Year2025

About this property

Excellent commercial opportunity just off HWY 180E. Only 7 blocks west of downtown Mineral Wells. This 2,500 sq ft building features a large open showroom, dedicated conference room, three private offices, two storage rooms, and a break room. Recent upgrades include 2 brand-new HVAC units. 3-phase power provides efficiency and reliability for a variety of business needs. The property also offers covered parking plus a covered RV carport with 50A receptacle. With ample space behind the building for future expansion, this property is perfect for businesses seeking visibility, accessibility, and room to grow.

Investor Tools

Property Icon
$136,400
Estimated Property Value
$173,500Estimated Mortgage Balance
$0Estimated Equity
-27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month

Interested in this property?

Rich Kidwell

Cornerstone Home and Ranch

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$301/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,924
$136,400
2025
$41,770
$94,630
$136,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,924
$136,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
9c Properties Llc
Purchase Money Mortgage
$173,500
No
First
Aug 23, 2023
Aug 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,796
N/A
0%
121%
$1,041/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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203 Sw 7th Ave | Property Details | No Agent List