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$147,000

NAL Estimated Property Value

215 NE 9th Avenue, Mineral Wells, TX, 76067

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,284 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.72 / sqft
Year BuiltBuilt in 1936

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1.5Bathrooms 1.5
AppliancesDishwasher, Dryer, Gas Cooktop, Gas Oven, Refrigerator, Washer
FlooringSimulated Wood, Vinyl

Exterior

Lot Size10,019 sqft

Building Information

Year Built1936

Land Information

APN138780000
Lot Number4
SubdivisionHitt
Land UseResidential
Legal DescriptionHITT BLK 19 LOT 4 --- G#H0800-00-00190-004-00-0 --- SKIDMARKZ
Census Tract000600
Assessed Land Value$18,030
Assessed Improvement Value$107,640
Assessment Year2025

About this property

Don't miss this perfect opportunity to own a beautiful, recently updated, 2 bedroom, 1.5 bath home on 0.23 acres in the heart of Mineral Wells. This property is in a key location with numerous necessities and minutes away from downtown shopping. The spacious, open-concept kitchen was remodeled in 2022 and features new cabinets and countertops. The HVAC system was completely replaced in 2022. Outside you will find a newer, 2-car, covered carport installed in 2020 and brand-new gutters surrounding the home. There is also a storage shed in the backyard for extra needed space. The covered back patio was installed in 2022. The front and back patio offers a shaded, covered space perfect for relaxing or cookouts. The entire home was also re-leveled in 2022 with an engineer report available upon request. This property has access to city sewer, water, and electricity and also an individual gas meter. All kitchen appliances convey with the property.

Investor Tools

Property Icon
$147,000
Estimated Property Value
$144,806Estimated Mortgage Balance
$2,194Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$930 /month
Positive
Cash Flow Estimate:
$310 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$256/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,343
$125,670
2025
$18,030
$107,640
$125,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,343
$125,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$149,962
No
First
Jun 7, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$144,806
$2,194
1%
99%
$900/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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215 NE 9th Avenue | Property Details | No Agent List