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$677,210

NAL Estimated Property Value

3814 N Highway 281, Mineral Wells, TX, 76067

Off MarketInfo
CommercialInfo
Baths96,840 Sq Ft
IndustrialIndustrial
Year BuiltBuilt in 1979

Highlights

Interior

FlooringCombination, Concrete, Tile

Exterior

Lot Size2.65 acres

Building Information

Year Built1979

Land Information

APN024040000
SubdivisionPh Price --- Survey A-378
Land UseCommercial
Legal DescriptionAB 378 TR 7 P H PRICE G#10378-00-00070-000-00-0
Census Tract000401
Assessed Land Value$121,850
Assessed Improvement Value$555,360
Assessment Year2025

About this property

Looking for that perfect fit? Well opportunity KNOCKS! This unique 5000+ SF building sits on 2+ acres and has US 281 frontage. It sits just outside the city limits of Mineral Wells, TX. The Main Building is approximately 140'X40', and previously this facility operated as an oil field supply-service facility. This property boasts office spaces, a storage-parts area approximately 20'X40', and a 2-bay equipment repair area with 14' to 16' roll-up doors. 2+ Fenced acres allow for fleet parking or facility expansion. Easy access to US Hwy 281 and US Hwy 180 make this property a must see.

Investor Tools

Property Icon
$677,210
Estimated Property Value
$1,090,116Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$819/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,440
$677,210
2025
$121,850
$555,360
$677,210
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,440
$677,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Clear Fork Bank Na
Open End Mortgage / Open End With Future Advance Clause
$560,000
No
First
Nov 8, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,090,116
N/A
0%
161%
$6,716/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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3814 N Highway 281 | Property Details | No Agent List