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$400,000

518 Private Road 902, Mingus, TX, 76463

$520,000 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,112 Sq Ft
FarmFarm
price_per_sqft$189.39 / sqft

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Cooktop, Electric Oven, Microwave

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage

About this property

Welcome to this charming farmhouse nestled on 10 scenic acres in Mingus, TX. Boasting 3 bedrooms and 2 bathrooms, this recently updated home features spacious rooms, an inviting open kitchen with a central island, and a cozy atmosphere perfect for both relaxation and entertaining. Enjoy the benefits of this AG Exempt property with cross-fenced pastures, ideal for livestock, complemented by a horse-ready setup featuring a 3-stall shelter and two serene stock ponds. Beautiful oak trees provide shade and beauty throughout the property, enhancing its picturesque appeal. Additionally, a quaint tiny home with a loft offers versatile options as a rental, extra living space, studio, or game room. Located just 20 minutes from Stephenville and Weatherford, and only an hour from Fort Worth, this property combines rural tranquility with convenient proximity to urban amenities. Don't miss the opportunity to make this exceptional farmhouse and acreage your own!

Investor Tools

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$0
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$520,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

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

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.

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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: Mingus

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518 Private Road 902 | Property Details | No Agent List