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$299,000

2701 MH 379, Mineral Wells, TX, 76067

Off MarketInfo
Baths0 Bath
Baths3,198 Sq Ft
RanchRanch

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Exterior FeaturesRain Gutters
Lot Size10.50 acres

Building Information

Year Built1999

Land Information

APN019050000
Land UseAgriculture / Farming
Legal DescriptionAB 306 TR 1 T&P RR CO#26 (AKA J S LACKEY)
Census Tract000700
Assessed Land Value$209,940
Assessed Improvement Value$134,260
Assessment Year2025

About this property

Mineral Wells 35.011 acres horse facility. 3198 sq ft. barn with a 2208 square feet open porch. Two 200 square feet loafing sheds located inside 2 large turn out pens. Stock tank with catfish. Exterior feeding stalls. Pipe fence with auto entry gate. Large Coastal Field. City utilities. Barn has 9 interior stalls. Office-sleeping quarters with all the amenities. Gutters attached to building with drainage to the tank. Pens and Fences constructed with 2 inch pipe. Just a few miles from downtown Mineral Wells.

Investor Tools

Property Icon
$344,200
Estimated Property Value
$0Estimated Mortgage Balance
$165,581Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,065 /month
Positive
Cash Flow Estimate:
$688 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$798/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,860
$344,200
2025
$209,940
$134,260
$344,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,860
$344,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lone Star Ag Credit
Stand Alone First / Home Equity First Lien
$190,000
No
First
Feb 3, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,619
$165,581
48%
52%
$1,140/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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2701 MH 379 | Property Details | No Agent List