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$200,000

905 6th Avenue SE, Mineral Wells, TX, 76067

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,260 Sq Ft
price_per_sqft$158.73 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Range
FlooringLaminate

Exterior

Lot Size11,979 sqft

Building Information

Year Built1925

Land Information

APN086100000
Lot Number1,2
SubdivisionAdds
Land UseResidential
Legal DescriptionADDS BLK 18 LOTS 1 & 2 --- G#A0100-00-00180-001-00-0
Census Tract000800
Assessed Land Value$33,130
Assessed Improvement Value$70,040
Assessment Year2025

About this property

Welcome to 905 SE 6th Avenue, a unique property in the heart of Mineral Wells that offers an incredible blend of comfort, space, and potential. This home offers 1,260 square-foot that sits on nearly an entire city block, accompanied by seven additional lots, leaving you with endless possibilities for how you can make this rare opportunity your own. With only two lots on the block not included, this is as close as you can get to full ownership of an entire neighborhood section in Mineral Wells.

Investor Tools

$20,686Estimated Mortgage Balance
$197,314Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,308 /month
Positive
Cash Flow Estimate:
$436 /month

Interested in this property?

Albert Ramirez

HARBCO Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$257/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,998
$103,170
2025
$33,130
$70,040
$103,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,998
$103,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Commercial
$26,400
No
First
Mar 14, 2016
Mar 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$20,686
$197,314
90%
9%
$159/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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905 6th Avenue SE | Property Details | No Agent List