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$350,000

412 SW 4th Avenue, Mineral Wells, TX, 76067

$390,714 ARVInfo
On MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,722 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$94.04 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Electric Range, Gas Water Heater, Ice Maker, Vented Exhaust Fan
FlooringCeramic Tile, Hardwood

Exterior

Exterior FeaturesAwning(s), Balcony, Storage
Lot Size11,456 sqft

Building Information

Year Built1930
Garage Spaces2

Land Information

APN162230000
Lot NumberS54
SubdivisionLynch
Land UseResidential
Legal DescriptionLYNCH BLK 19 LOT S54.6 OF B-E OF 1 & H OF 2 G#L0700-00-00190-001-0B-2
Census Tract000900
Assessed Land Value$32,610
Assessed Improvement Value$254,120
Assessment Year2025

About this property

BIG PRICE DROP! Been dreaming of simpler times? This 1930 blended-style American Foursquare and Spanish Eclectic beauty transports you—and your guests—back to an era of tea parties, fireside conversations, parlor games, and grand gatherings with loved ones. Currently operated as a vacation rental, this spacious two-story home offers five bedrooms—one on the first level and four upstairs—and three full bathrooms. The upstairs primary suite features an ensuite bath with a huge walk-in closet, dual sinks, separate walk-in shower, clawfoot tub, and private balcony access. The modernized kitchen includes Corian-style countertops, an electric range with glass vent hood, dishwasher, and breakfast bar. A bonus living area provides access to both the front and backyard, and a separate utility room adds everyday convenience. Outside, enjoy an extended backyard with a detached metal garage equipped with electricity, plus an in-ground storm cellar. Come experience this modernized Grand Lady—ready for your next lifestyle chapter or investment vision—located in a thriving tourist and outdoors explorer destination just one hour west of Dallas–Fort Worth, in the heart of The Wellness Capital of Texas.

Investor Tools

$272,166Estimated Mortgage Balance
$98,834Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$390,713
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,226 /month
Positive
Cash Flow Estimate:
$742 /month

Interested in this property?

Christy Dorr

Cornerstone Home and Ranch

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$471/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,799
$286,730
2025
$32,610
$254,120
$286,730
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,799
$286,730

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
$275,377
No
First
Sep 5, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,166
$98,834
26%
73%
$1,652/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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