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NoAgentList RatingHow are grades calculated?Info

$146,970

NAL Estimated Property Value

2505 SW 5th Avenue, Mineral Wells, TX, 76067

$191,061 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,680 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$92.2 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCarpet, Laminate

Exterior

Exterior FeaturesStorage
Lot Size9,583 sqft

Building Information

Year Built2006

Land Information

APN152470000
Lot Number1,2
SubdivisionLawn Place #2
Land UseResidential
Legal DescriptionLAWN PLACE #2 BLK A LTS 1 & 2 (PFS0963044&45 PALM HARBOR) G#L0500-02-0000A-001-00-0 MPHMAKE: PALM HARBOR MPHMODEL: PALM HARBO
Census Tract000900
Assessed Land Value$23,960
Assessed Improvement Value$123,010
Assessment Year2025

About this property

This beautifully updated 3-bedroom, 2-bath manufactured home sits on a spacious corner lot and offers a big open floor plan. The large, airy living space flows into a very spacious kitchen with plenty of room for cooking, dining, and gathering. The primary bathroom boasts a relaxing garden tub and double vanities, adding a touch of luxury. Just 5 minutes from downtown Mineral Wells, you’ll find plenty to do! Explore unique shops, dine at local restaurants, or visit the famous Baker Hotel and Crazy Water Plaza. Enjoy live music, festivals, and the vibrant community atmosphere. This home is move-in-ready and perfect for making memories! Ask the agent for the full list of recent updates made to this home!

Investor Tools

Property Icon
$146,970
Estimated Property Value
$138,496Estimated Mortgage Balance
$8,474Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$191,061
Rent-to-Value Ratio: 0.72%
Rent Estimate
$929 /month
Positive
Cash Flow Estimate:
$310 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$335/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,290
$146,970
2025
$23,960
$123,010
$146,970
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,290
$146,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Equity Prime Mortgage Llc
Fha
$141,849
Yes
First
Jan 21, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,496
$8,474
5%
94%
$851/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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2505 SW 5th Avenue | Property Details | No Agent List