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Days15Days on Market
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$325,500

$328,900

6296 Fm 1195, Mineral Wells, TX, 76067

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,620 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.93 / sqft

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Oven, Electric Water Heater
FlooringCarpet, Vinyl

Exterior

Lot Size29,359 sqft

Land Information

APN025320000
SubdivisionR Starr Survey A-392
Land UseAgriculture / Farming
Legal DescriptionAB 392 TR 23 R STARR G#10392-00-00230-000-00-0
Census Tract000402
Assessed Land Value$43,810
Assessed Improvement Value$226,530
Assessment Year2025

About this property

Welcome to peaceful country living at 6296 FM 1195 in Mineral Wells home of the famous Crazy Water! Conveniently located outside city limits, this 3 bedroom, 2 bathroom property offers the perfect mix of functionality, space, and country charm. From the moment you pull into the circle drive, you’ll appreciate everything this property has to offer. Stunning beautiful and tall pine trees, the setting creates a peaceful and private atmosphere that truly feels like an escape from the hustle and bustle. Complete with a covered carport that adds additional storage, outbuilding, fully fenced backyard, and a top rail pipe-fenced corral, this property is perfectly set up for anyone dreaming of starting a hobby farm, raising animals, or simply enjoying extra room to spread out and enjoy the outdoors. Inside, the home features an open concept living, dining, and kitchen area that creates a warm and inviting space for gathering and entertaining. Updated finishes throughout the main living areas, along with durable vinyl flooring, give the home a fresh and low-maintenance feel. The eat-at kitchen bar adds the perfect spot for casual meals, morning coffee, or visiting with guests while cooking. A large utility room with a separate entrance is ideal after coming in from working outside, tending animals, or just from enjoying the space offering the perfect drop zone for muddy boots, dirty clothes, backpacks, or extra storage needs. Carpet remains in only two of the bedrooms, adding comfort where it counts most. Enjoy the best of both worlds with peaceful country living while still being just minutes up the hill to Millsap while being minutes from the shopping, restaurants, entertainment, and conveniences that Mineral Wells has to offer. From the historic downtown area and Crazy Water attractions to local dining and outdoor activities, you’ll love having smalltown charm with modern conveniences nearby.

Investor Tools

Property Icon
$270,340
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,953 /month
Positive
Cash Flow Estimate:
$651 /month

Interested in this property?

Kristin Bagwell

Cates & Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$384/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,253
$270,340
2025
$43,810
$226,530
$270,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,253
$270,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$183,000
No
First
Sep 5, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$347,050
N/A
0%
128%
$2,196/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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6296 Fm 1195 | Property Details | No Agent List