




$484,880
NAL Estimated Property Value513 NW 6th Street, Mineral Wells, TX, 76067
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About this property
Fantastic investment opportunity to own iconic multi-unit apartment complex close to Downtown Mineral Wells! Located in the lovely, Northwest quadrant of the city, this charming six-unit stucco building has had multiple updates in the past 7 years including approximately 90 percent of the plumbing, roof replacement, electrical panels, removal of gas service, water heater, addition of ductless air units in ground units, and many other updates. Built in 1920, and 9 years older than the famous Baker Hotel, each individual apartment still reflects some of the historical charm of its original era, including hardwood floors, stucco walls and customized shelves and cabinetry. Property is being sold AS IS, and as of listing date, one unit is becoming available and all others have 12 mo or M2M leases with varying expiration dates. With each unit boasting approximately 1200 sf of space, these apartments have the potential to be updated into luxury, urban villa suites! Call today for more info!
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Mineral Wells
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