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$163,540

514 18th Street, Mineral Wells, TX, 76067

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths780 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$205.13 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1.5Bathrooms 1.5
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave
FlooringCeramic Tile

Exterior

Lot Size14,418 sqft

Building Information

Year Built1956

Land Information

APN153840000
Lot Number7-9
SubdivisionLawn Place #2
Land UseResidential
Legal DescriptionLAWN PLACE #2 BLK 13 LOTS 7 THRU 9 G#L0500-02-00130-007-00-0
Census Tract000900
Assessed Land Value$36,050
Assessed Improvement Value$127,490
Assessment Year2025

About this property

Charming remodeled two bedroom, one and a half bathroom located minutes from the historic downtown of Mineral Wells, offers dining, entertainment, shopping, groceries, parks, and more. This cute house has been updated with new flooring, fresh paint interior and exterior, new granite countertops, new cabinets, and new appliances in the kitchen. Fully remodeled bathrooms. New light fixtures. New HVAC and more. The home features a large fenced lot with 30 x30 RV parking and two storage. Enjoy your evenings in your rocking chair on the front porch. Great price for a great new home. Schedule your private appointment today!

Investor Tools

Property Icon
$163,540
Estimated Property Value
$0Estimated Mortgage Balance
$36,358Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$981 /month
Positive
Cash Flow Estimate:
$327 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$198/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,560
$163,540
2025
$36,050
$127,490
$163,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,560
$163,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cherry Creek Mortgage Co Inc
Conventional
$136,000
No
First
Nov 10, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,182
$36,358
22%
78%
$816/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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514 18th Street | Property Details | No Agent List