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B+
NoAgentList RatingHow are grades calculated?Info

$217,610

NAL Estimated Property Value

305 SW 22nd Street, Mineral Wells, TX, 76067

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,388 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$108.07 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesGas Range
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size12,240 sqft

Building Information

Year Built1950

Land Information

APN152940000
Lot Number8,19
SubdivisionLawn Place #2
Land UseResidential
Legal DescriptionLAWN PLACE #2 BLK K LOTS 8,19 & NW20X100 OF 20 & SW .005 TRIANGLE OF 20 G#L0500-02-0000K-008-00-0
Census Tract000900
Assessed Land Value$30,600
Assessed Improvement Value$187,010
Assessment Year2025

About this property

Options! This property is very unique with 4 bedrooms and 1.5 bathrooms, 1755 sq ft, and a large lot. Home features 2 living areas, one is 32ftx12ft. 4th bedroom is separated by large living room #2 from rest of home Property has several mature shade trees. Home has been updated recently from top to bottom which is from roofing down to plumbing. Property is completely fenced and gated with chain link fencing. Open-concept kitchen is next to living room #1 as you enter front door, primary bedroom is off kitchen with attached full bath. Half bath is near rear of home between 3rd and 4th bedrooms. Large walk through utility room near back of home. Major appliances are gas or have gas hook-ups other than dryer.

Investor Tools

Property Icon
$217,610
Estimated Property Value
$140,488Estimated Mortgage Balance
$77,122Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,306 /month
Positive
Cash Flow Estimate:
$435 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$312/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,650
$217,610
2025
$30,600
$187,010
$217,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,650
$217,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$155,628
Yes
First
Apr 14, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,488
$77,122
35%
65%
$934/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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305 SW 22nd Street | Property Details | No Agent List