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$168,816

226 Lee Rd, Mineral Wells, TX, 76067

Off MarketInfo
Beds5 Beds
Baths7 Bath
Baths13,178 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$38.7 / sqft

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 7Bathrooms 7
AppliancesOther
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage
Lot Size2.26 acres

Building Information

Stories1
Garage Spaces4

Land Information

APN20493-003-000-00
Land UseIndustrial
Legal DescriptionACRES: 2.256 ABST: 493 SURVEY: FOLLY E P BLDG 228 & 229
Census Tract140502
Assessed Land Value$11,280
Assessed Improvement Value$157,536
Assessment Year2025

About this property

Super unique opportunity in Mineral Wells. This property sits on the historic Fort Wolters, and during WWII part of this building was used as offices for the military generals. The property being offered is just over 3 acres and has approximately 15,000 square feet of building. It is mixed use with two separate residential areas as well as a one bed guest suite above the shop. It also contains tons of office space, complete with conference rooms, and restrooms. This would be great for someone wanting to run their business from home or for a multi generational family wanting to reside on the same property. The opportunities are truly endless here. Excellent from an investment standpoint as well. Come see it!

Investor Tools

Property Icon
$168,816
Estimated Property Value
$0Estimated Mortgage Balance
$168,816Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,060 /month
Positive
Cash Flow Estimate:
$1,020 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$276/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$168,816
2025
$11,280
$157,536
$168,816
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$168,816

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$168,816
100%
0%
$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.

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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226 Lee Rd | Property Details | No Agent List