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$903,380

NAL Estimated Property Value

501 SE 12th Avenue, Mineral Wells, TX, 76067

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths310,080 Sq Ft
WarehouseWarehouse
Year BuiltBuilt in 1982

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size2.87 acres

Building Information

Year Built1982

Land Information

APN139510000
SubdivisionHitt
Land UseCommercial
Legal DescriptionHITT BLK 49 & 58 & ADJ ST --- G#H0800-00-00490-000-00-0
Census Tract000800
Assessed Land Value$100,590
Assessed Improvement Value$802,790
Assessment Year2025

About this property

POTENTIAL BEYOND IMAGINATION. Enormous-- approx.15504 total sq. feet. 30 foot ceilings, 4 10 x12 roll up doors, 2 12x14 roll up doors loading docks. Executive Office 12 x 24 and 6 additional offices. Building has a Banquet Hall Area with full kitchen. 3 Large Commercial Walk In Coolers. Large fenced open 2 acres with 8 foot chain link fence and electric gate. Great Opportunity to own a turn-key commercial building close to Downtown that is ready for your BUSINESS. Formerly the Ben E. Keith distribution Center also known as Wes Tex Vending. Buildings easily accessible to Hwy 180W and 281S.

Investor Tools

Property Icon
$903,380
Estimated Property Value
$0Estimated Mortgage Balance
$903,380Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,014/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,650
$903,380
2025
$100,590
$802,790
$903,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,650
$903,380

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$903,380
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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501 SE 12th Avenue | Property Details | No Agent List