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$255,090

NAL Estimated Property Value

2403 Morningside Drive, Mineral Wells, TX, 76067

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,951 Sq Ft
price_per_sqft$140.95 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesNone
FlooringCarpet, Vinyl

Exterior

Lot Size11,021 sqft

Building Information

Year Built1958

Land Information

APN165930000
Lot Number3,4
SubdivisionMorningside
Land UseOther / Unknown
Legal DescriptionMORNINGSIDE BLK 19 LOTS 3 & 4 (HILLTOP ADDITION) G#M0600-00-00190-003-00-0
Census Tract000800
Assessed Land Value$32,610
Assessed Improvement Value$222,480
Assessment Year2025

About this property

Welcome to Morningside. A quiet hilltop neighborhood filled with many well cared for homes, where families enjoy playing in the back yards and taking walks in the streets. This home backs up to only native hillside, full of mature oak trees which creates a ton of privacy. Walk in the front door to a newly renovated FOUR bedroom, THREE bath home, complete with granite countertops, new flooring, paint and more! It features a large rock wood burning fireplace situated nicely to allow the cozy living room to be open to the dining area. This place is move-in ready and just a few minutes from shopping, dining, schools, entertainment and more! Homes do not sell in this neighborhood often, better hurry! BONUS: Ask about an appliance allowance! All info in this listing is deemed reliable but not guaranteed and should be verified by buyer.

Investor Tools

Property Icon
$255,090
Estimated Property Value
$248,805Estimated Mortgage Balance
$6,285Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$488/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,583
$255,090
2025
$32,610
$222,480
$255,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,583
$255,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neighborhood Loans
Fha
$260,200
Yes
First
Nov 8, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,805
$6,285
2%
98%
$1,561/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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2403 Morningside Drive | Property Details | No Agent List