NoAgentList RatingHow are grades calculated?

615Days on Market

1view

$355,000

6 Fair Oaks St, Mineral Wells, TX, 76067

On Market

3 Beds

2 Bath

1,608 Sq Ft

Single Family Residence

$220.77 / sqft

Built in 1981

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Half 2

AppliancesDishwasher, Disposal, Electric Range, Microwave

Exterior

Private Pool

Exterior FeaturesRain Gutters, Storage

Lot Size11,195 sqft

Building Information

Year Built1981

Garage Spaces2

Land Information

APN227900000

Lot Number6

SubdivisionWestover Hill

Land UseResidential

Legal DescriptionWESTOVER HILL BLK 4 LOT 6 G#W0400-00-00040-006-00-0

Census Tract000401

Assessed Land Value$15,460

Assessed Improvement Value$280,960

Assessment Year2025

About this property

MOTIVATED SELLERS, WILLING TO NEGOTIATE! Wonderful opportunity to own a beautiful, brick home with an in-ground, saltwater pool on Western Hills mountain! A favorite area of Mineral Wells, you'll love the peaceful vibe and the tree-lined streets of this neighborhood. NEW CARPET installed Dec. 2024 throughout home. The home's interior boasts an updated, eat-in kitchen with direct access to the large, two-car, alley access garage; large den with wood-burning fireplace; nice sized primary bedroom with ensuite bath, including separate vanities and big walk-in closets; and two additional bedrooms and guest bath. Exterior features lots of mature trees, sprinkler system, metal fence, and amazing a backyard pool added in 2019. Don't miss your chance at this one! It's close to the medical district and just 5 minutes from all the exciting things going on in downtown, including fun boutiques, restaurants and music venues! You'll love Mineral Wells and love this great home!

Investor Tools

$129,860Estimated Mortgage Balance

$166,984Estimated Equity

56% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,130 /month

Positive

Cash Flow Estimate:

$710 /month

Interested in this property?

Christy Dorr

Cornerstone Home and Ranch

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$486/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,353

$296,420

2025

$15,460

$280,960

$296,420

Tax History

Year

Tax Paid

Assessed Value

2024

$4,353

$296,420

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Schmidt Mortgage Corp

Fha

$133,527

Yes

First

Aug 9, 2011

Sep 2041

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$129,860

$166,560

56%

44%

$1,077/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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