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$480,000

2911 Mineral Wells Highway, Weatherford, TX, 76088

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths600 Sq Ft
IndustrialIndustrial
price_per_sqft$800 / sqft

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
FlooringConcrete

Exterior

Lot Size2.12 acres

Building Information

Stories1
Garage Spaces2

Land Information

APN21260-009-000-00
Land UseResidential
Legal DescriptionACRES: 2.119 ABST: 1260 SURVEY: SPRACKLIN WM
Census Tract140601
Assessed Land Value$299,990
Assessed Improvement Value$40,590
Assessment Year2025

About this property

Discover over 2 acres of prime real estate with over 300 feet of frontage on Mineral Wells Hwy, adjacent to Greenlee Industrial Park. This property, formerly used as a residence and located outside city limits, offers an exceptional opportunity for industrial or commercial development. All utilities are in place, including Coop water, with a well already drilled. An approximately 600-square-foot shop with a slab foundation and roll-up doors is ready for use. The property's excellent accessibility and visibility make it a perfect choice for investment in this growing area. Please note: The house on the property is not to be accessed per the owner's instructions, as it may be unsafe. Don't miss this unique opportunity to invest in a rapidly developing region!

Investor Tools

Property Icon
$342,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,880 /month
Positive
Cash Flow Estimate:
$960 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$143/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$340,580
2025
$299,990
$40,590
$340,580
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$340,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Unknown
$960,000
No
First
Mar 13, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,282,996
N/A
0%
375%
$7,855/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: Weatherford

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