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A+
NoAgentList RatingHow are grades calculated? Info

$134,998

596 Southridge Dr, Mineral Wells, TX, 76067

$175,497 ARVInfo
Off MarketInfo
Baths0 Bath
Baths1,064 Sq Ft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListDeal ListARV FlipAbsentee OwnerHigh Equity

About this property

Ready to build without the hassle? This 2.084 acre tract in Mineral Wells already has the hard work done for you. With a co-op water tap in place, electric ready on site, and a conventional septic system installed on the south end, you can skip the heavy lifting and start bringing your vision to life right away. The property is fenced on three sides with an open front, offering easy access while still maintaining a sense of space and privacy. The layout provides plenty of flexibility. Whether you're planning to build, set a home, or simply invest in a piece of land with strong potential. No known restrictions means more freedom to use the property the way you want. That is something that’s getting harder to find. Enjoy the quiet, country feel while still being just minutes from town, giving you the best of both worlds.

Investor Tools

Property Icon
$186,000
Estimated Property Value
$0Estimated Mortgage Balance
$186,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$175,497
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,116 /month
Positive
Cash Flow Estimate:
$372 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$79/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18
$1,070
2023
N/A
$1,070
$1,070
No

Tax History

Year
Tax Paid
Assessed Value
2023
$18
$1,070

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$186,000
100%
0%
$0/mo

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: Mineral Wells

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596 Southridge Dr | Property Details | No Agent List