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$565,290

NAL Estimated Property Value

244 Grantham Road, Mineral Wells, TX, 76067

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,620 Sq Ft
FarmFarm
price_per_sqft$262.35 / sqft
Year BuiltBuilt in 2011

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesElectric Cooktop
FlooringConcrete, Laminate

Exterior

Lot Size9.99 acres

Building Information

Year Built2011

Land Information

APN171291000
SubdivisionOak Meadows Ranchettes
Land UseResidential
Legal DescriptionOAK MEADOWS RANCHETTES TR 10
Census Tract000401
Assessed Land Value$244,830
Assessed Improvement Value$320,460
Assessment Year2025

About this property

We have received multiple offers and are asking for highest and best be submitted by noon Weds Mar 3rd. This is a must see! Barndominium well appointed with three baths, two of them en suite, dishwasher, laundry. Three horse stalls with tack feed room combo and hot and cold water in barn. Six loafing sheds with individual paddocks plus additional turnout. Fenced and cross fenced, with an arena. All electric. Great internet service to make working at home simple. North Rural Water Supply.

Investor Tools

Property Icon
$565,290
Estimated Property Value
$381,374Estimated Mortgage Balance
$183,916Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,392 /month
Positive
Cash Flow Estimate:
$1,131 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$896/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,922
$565,290
2025
$244,830
$320,460
$565,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,922
$565,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Va
$421,652
Yes
First
May 6, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$381,374
$183,916
32%
67%
$2,529/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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244 Grantham Road | Property Details | No Agent List