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    1206 S Oak Ave Mineral Wells, TX 76067

    For Sale
    $49,900

    Unimproved Land - Mineral Wells, TX

    Type:Unimproved Land
    Lot size:
    0.22 Acres
    Days on Market:
    147
    Last Refresh:
    Dec 10 at 12:06 am

    Property Features for 1206 S Oak Ave

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    19167
    Lot size
    0.22 Acres

    Building Details

    Architectural style
    Other

    Cornerstone Home and Ranch (940) 452-7915

    Listing agent Jenna Sims (940) 452-7915 License #0679015

    Listing date Jul 17, 2025

    MLS# 21002247 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Lot in Mineral Wells

    This prime corner lot features approximately 135 feet of frontage on the high-traffic US Hwy 281, located just 12 blocks from the revitalized downtown area of Mineral Wells. The 0.22-acre property offers views of the Baker Hotel and Spa. US Hwy 281 serves as a major north-south corridor from Mexico to Canada, providing visibility and access for local and through traffic. Zoned General Retail by the City of Mineral Wells, the lot is suitable for business, investment, or development projects. The location offers growth and tourism appeal.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mineral Wells
    County
    Palo Pinto
    State
    Texas
    Longitude
    -98.113217
    Latitude
    32.799833

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    FAQs

    What type of property is this?
    Commercial land - High-visibility corner lot near downtown Mineral Wells with development potential.
    Where is this commercial land located?
    The property is located at 1206 S Oak Ave Mineral Wells, TX.
    What is the asking price?
    The asking price for this property is $49,900.
    What are key features of this property?
    This property features: - Prime corner lot with **135 feet of frontage on high-traffic US Hwy 281**.; - Located just 12 blocks from the revitalized Downtown Mineral Wells.; - Zoned General Retail, suitable for business, investment, or development.
    (940) 452-7915
    Request Owner's contact information
    1206 S Oak Ave Mineral Wells, TX 76067
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    Mineral Wells, TX 76067
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1206 S Oak Ave Mineral Wells, TX 76067
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