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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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Bought with Basanta Giri • Ready Real Estate LLC
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