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$437,410

NAL Estimated Property Value

602 Austin Drive, Mineral Wells, TX, 76067

$470,725 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths3,810 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$74.63 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Double Oven
FlooringCarpet, Ceramic Tile, Laminate, Wood, Other

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size31,929 sqft

Building Information

Year Built1967

Land Information

APN226730000
Lot Number4,5
SubdivisionWestern Hills
Land UseResidential
Legal DescriptionWESTERN HILLS BLK 4 LOT 4 & 5 G#W0200-00-00040-004-00-0
Census Tract000401
Assessed Land Value$24,900
Assessed Improvement Value$412,510
Assessment Year2025

About this property

Investor opportunity! Well maintained This Expansive 3800 sf 3 or 4 bedroom home on .7 acres in Western Hills. Would make a great Rental with all the amenities.The property has in ground pool, Boat parking, Cabana, and green space galore. Ample Parking, Privacy fence, Close to US 180 and Hospital District with easy access to Schools and and Shopping, 5 minutes from Downtown. See it today! Buyer to verify all information.

Investor Tools

Property Icon
$437,410
Estimated Property Value
$215,245Estimated Mortgage Balance
$222,165Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$470,724
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,624 /month
Positive
Cash Flow Estimate:
$875 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$766/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,009
$437,410
2025
$24,900
$412,510
$437,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,009
$437,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Broker Solutions Inc
Fha
$246,870
Yes
First
Oct 15, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,245
$222,165
50%
49%
$1,481/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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602 Austin Drive | Property Details | No Agent List