Mineral Wells, TX 76067,1608 First Street
$585,000
Est.Price: ?

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1.03 Acres Lot

1608 First Street Mineral Wells, TX 76067

Est. payment /mo
SOLD DATE : 11/06/2023

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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

Subdivision Wynnwood

MLS Listing ID 20420725

Sold Date 11/06/23

HOA Y/N None

Year Built 1950

Annual Tax Amount $8,253

Lot Size 1.033 Acres

Acres 1.033

Property Description

Mineral Wells Prime Location for Investment! 1.033 Acres sits directly off of Highway 180 on the east side of town. Road Frontage on all 4 sides of the lot. Great Land investment with immediate income, the property has 3 buildings that are currently leased generating income. Buy the property and collect rent while the area continues to grow and improve, or buy and start planning your construction project immediately. Property is already Platted into 10 separate tracts and offers a great opportunity for someone to diversify their portfolio. Build residential homes across the back on the 2nd st frontage and keep the Highway 180 frontage for future Commercial use. Multiple different options with this property as this area is growing. Come check it out!

Location

State TX

County Palo Pinto

Zoning General Retail

Direction Head North on US-281 N, Turn right onto SE 1st St, Destination will be on the right

Interior

Heating Other

Cooling Other

Heat Source Other

Exterior

Utilities Available Asphalt, City Sewer, City Water, Electricity Available, Electricity Connected, Sewer Available, Sidewalk

Lot Frontage 700.0

Garage No

Building

Lot Description Corner Lot, Few Trees, Level

Schools

Elementary Schools Travis

Middle Schools Mineralwel

High Schools Mineralwel

School District Mineral Wells Isd

Others

Restrictions Other

Ownership see taxes

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Financing Conventional

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Bryson Swiggart • Compass RE Texas , LLC
Bought with Basanta Giri • Ready Real Estate LLC

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Shawn Ousley

+1(318) 453-0021

shawnousley@epique.me