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B+
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$162,860

375 Pilgrim Lane, Mineral Wells, TX, 76067

$168,579 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,216 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$154.61 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Electric Water Heater
FlooringVinyl

Exterior

Exterior FeaturesStorage
Lot Size1.18 acres

Building Information

Year Built1998

Land Information

APN026300100
SubdivisionR Starr Survey A-392
Land UseAgriculture / Farming
Legal DescriptionAB 392 TR 105-1 R STARR (RAD1108851) G#10392-00-01050-001-00-0 MPHMAKE: MPHMODEL: SCHULT NEW GEN MPHSERIAL: SV404290 MPHLABEL
Census Tract000402
Assessed Land Value$54,330
Assessed Improvement Value$108,530
Assessment Year2025

About this property

Dreaming of wide open spaces and modern comfort? This charming 3-bedroom, 2-bath home on over an acre delivers the best of both worlds! Fully updated in 2022, the bright and open interior offers seamless flow between the living, dining, and kitchen areas—perfect for hosting friends, chasing kiddos, or just kicking back in style. The split-bedroom layout ensures everyone has their own corner of calm, with the primary suite thoughtfully tucked away. But wait, there's more outside! You'll find covered loafing sheds for animals, a storm shelter, storage container, and even a play structure. Cross fencing and water access to the animal areas make homesteading a breeze. Located on a quiet cul-de-sac outside city limits, this gem offers peaceful country living without giving up modern perks. And yes—VA loans are welcome here! Bring your boots, your dreams, and your pre-approval. Country life is calling! Special Financing Incentive Available! Seller is offering a 2-1 Temporary Rate Buydown to lower the buyer’s interest rate and payment in the first two years — saving the buyer thousands.

Investor Tools

Property Icon
$162,860
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$168,578
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,128 /month
Positive
Cash Flow Estimate:
$376 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$286/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,622
$162,860
2025
$54,330
$108,530
$162,860
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,622
$162,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Pacific Mortgage Corp
Va
$180,775
Yes
First
Jul 7, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,415
N/A
0%
105%
$1,084/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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375 Pilgrim Lane | Property Details | No Agent List