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Days244Days on Market
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$229,842

$249,900

4992 N Highway 281, Mineral Wells, TX, 76067

On MarketInfo
Price DropInfo
Baths0 Bath
Baths4,979 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size41,251 sqft

Building Information

Year Built1972

Land Information

APN063804000
SubdivisionJ Christian Survey A-1240
Land UseAgriculture / Farming
Legal DescriptionAB 1240 TR 17 J CHRISTIAN (FORMERLY AB 1618 TR 11) G#11240-00-00170-000-00-0
Census Tract000401
Assessed Land Value$61,560
Assessed Improvement Value$2,910
Assessment Year2025

About this property

Bring your vision to life on this prime commercial property just 5 miles from downtown Mineral Wells! Featuring an approximately 7,800 sq. ft. concrete slab on just under one acre, this property offers endless potential and a solid start for your next venture. Brand new culvert and driveway off of Highway 281 put in about 1 year ago. With an impressive 258 feet of Highway 281 frontage, your business will benefit from exceptional visibility and easy access along this high-traffic corridor. Whether you’re planning a retail space, workshop, warehouse, barndominium, or office, the options are limitless. Ample room for parking, storage, or future expansion — all within minutes of town conveniences and growth. A rare blank slate with unbeatable location and opportunity!

Investor Tools

Property Icon
$64,470
Estimated Property Value
$0Estimated Mortgage Balance
$64,470Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,379 /month
Positive
Cash Flow Estimate:
$460 /month

Interested in this property?

Kayla Spain

Cornerstone Home and Ranch

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$113/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,038
$64,470
2025
$61,560
$2,910
$64,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,038
$64,470

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$64,470
100%
0%
$0/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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4992 N Highway 281 | Property Details | No Agent List