Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$265,000

NAL Estimated Property Value

296 Summit Dr, Mineral Wells, TX, 76067

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,444 Sq Ft
price_per_sqft$183.52 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringVinyl

Exterior

Lot Size10,019 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN203493100
Lot Number21R
SubdivisionRidgewood #4
Land UseResidential
Legal DescriptionRIDGEWOOD #4 LOT 21R G#R0700-00-00000-21R-00-0
Census Tract000402
Assessed Land Value$19,550
Assessed Improvement Value$228,840
Assessment Year2025

About this property

Nearly new, no city taxes, this one checks the boxes. Built in 2020, this 3 bedroom, 2 bathroom home sits outside Mineral Wells city limits, saving homeowners money on their property taxes. At roughly 1,444 square feet, the home lives larger than it sounds. The kitchen features custom stained cabinetry and a bonus closet just off the kitchen, currently used as a pantry, but equally suited as extra storage depending on your needs. Both bathrooms are finished with granite countertops, and the full-size washer and dryer space means no compromising on appliances. The backyard is built for Texas living. Step out from the garage onto a generous 20×20 concrete patio, 400 square feet of outdoor space ready for a grill, patio furniture, or a covered entertaining setup. The large yard is fully enclosed with a privacy fence, giving you the space and seclusion to enjoy it year-round. A 2020 build also means modern systems throughout, newer roof, HVAC, plumbing, and electrical. Key features: 3 bedrooms · 2 bathrooms · 1,444 sq ft · built 2020 · outside city limits (no city taxes) · custom stained cabinets · granite countertops in bathrooms · pantry-storage closet off kitchen · full-size washer-dryer hookups · 20×20 concrete patio · large lot · privacy fence · Mineral Wells TX · Palo Pinto County · newer construction · move-in ready

Investor Tools

Property Icon
$265,000
Estimated Property Value
$148,763Estimated Mortgage Balance
$116,237Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$320/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,518
$248,390
2025
$19,550
$228,840
$248,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,518
$248,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$167,105
No
First
Nov 23, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,763
$116,237
43%
56%
$1,002/mo

City: Mineral Wells

296 Summit Dr | Property Details | No Agent List