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$280,000

615 Nw 5th Ave, Mineral Wells, TX, 76067

$364,000 ARVInfo
On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,480 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$80.46 / sqft
Year BuiltBuilt in 1921

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesDishwasher
FlooringWood

Exterior

Lot Size10,019 sqft

Building Information

Year Built1921
Garage Spaces2

Land Information

APN212230000
Lot Number2
SubdivisionS & Bw
Land UseResidential
Legal DescriptionS&BW BLK 3 LOT 2 G#S0700-00-00030-002-00-0
Census Tract000500
Assessed Land Value$24,940
Assessed Improvement Value$315,610
Assessment Year2025

About this property

They simply don’t make homes like this anymore. Built in 1921, this home is filled with craftsmanship and thoughtful details at every turn. Abundant windows—seemingly more windows than walls—fill each room with natural light, while French doors and substantial, quality doors create beautiful transitions throughout. Every room has a purpose, preserving the charm and character of a different era. Outside, enjoy a wraparound backyard with plenty of space to entertain, garden, or play. An extra-large bonus room above the garage offers incredible possibilities, with room to potentially add a bathroom. From the windows and doors to the defined rooms and small architectural details, this is a home that simply cannot be recreated today.

Investor Tools

$101,158Estimated Mortgage Balance
$314,462Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$364,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

Interested in this property?

Bella Jenkins

Mark Spain Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$413/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,880
$340,550
2025
$24,940
$315,610
$340,550
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,880
$340,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community National Bank & Trust Of Texas
Conventional
$110,000
No
First
Sep 10, 2020
Sep 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,158
$298,842
74%
24%
$660/mo

City: Mineral Wells

615 Nw 5th Ave | Property Details | No Agent List