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$49,999

NAL Estimated Property Value

941 Pegram Street, Mineral Wells, TX, 76067

Off MarketInfo
CommercialInfo
Baths0 Bath
IndustrialIndustrial

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringWood

About this property

Zoned Industrial. Living area with kitchen & bath. Two parcel ID’s R000034131 & R000034135. 941 Pegram includes a 4,800 sq ft two story building. Building needs TLC. Structure has electric, city sewer & water. No HVAC system. Metal roof & metal siding. A kitchen & bathroom is already in place. Leather business was ran out of this building for decades. Examples of uses allowed include laboratory, medical business, office space, other business, ammunition manufacturing-distribution, fabrication-assembly, manufacturing facility, group home, community center, government building, philanthropic-charitable use, religious institution, clinic, or halfway house. The second address is 937 Whatley Street, Mineral Wells, TX. The building at 937 Whatley is a tear down; there is no value in the structure. Tax records indicate 2.59 acres combined between the two parcels; the two parcels are not connected. Buyer & buyer’s agent responsible for verifying all information herein this listing. No survey.

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

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

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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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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941 Pegram Street | Property Details | No Agent List