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$302,000

NAL Estimated Property Value

2037 River Shoals Road, Mineral Wells, TX, 76067

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size6 acres

Land Information

APN093757310
Lot Number131
SubdivisionBrazos Mountain Ranch
Land UseAgriculture / Farming
Legal DescriptionBRAZOS MOUNTAIN RANCH PH 2 LOT 131 G#B0840-00-00020-131-00-0
Census Tract000300
Assessment Year2025

About this property

Imagination Blitz.. Amazing 6 acres. Property is the PRIME RIVER FRONT LOT in the Brazos Mountain Ranch, a premier gated community. This LOT 131 is reasonably flat with approximately half of the area out of the 100 year high water mark with a gentle slope to the river. Water Well has been installed. A number of large trees and varied vegetation are awaiting your home or getaway cabin. The Lot has 274 feet of river frontage & added attraction coming soon is a 5 acre lot that will be available to Ranch residents and will feature some shade & relaxation facilities as well as additional riverfront access. The property has No HOA, membership in a cattle grazing association is mandatory to insure that the very important AG-Exemption remains for all. 45 minutes from Possum Kingdom Lake.

Investor Tools

Property Icon
$302,000
Estimated Property Value
$189,966Estimated Mortgage Balance
$112,034Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,812 /month
Positive
Cash Flow Estimate:
$604 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$391/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,180
$520
2025
N/A
N/A
$285,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,180
$520

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank And Trust Co
Commercial
$200,000
No
First
Aug 8, 2023
Aug 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,966
$112,034
37%
63%
$1,200/mo

Learn About the Market: Opportunity in Texas

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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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2037 River Shoals Road | Property Details | No Agent List