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Historic Triplex Property
For Sale
$549,000

207A NW 4th Avenue, Mineral Wells, TX 76067

ResidentialIncome, Mineral Wells, TX

Property SizeContact for details
Lot Size0.84 Acres
Days on Market115

Property Features for 207A NW 4th Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Basement, Bedroom 5, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 2
Parking 4
Parking features Carport
Interior features CathedralCeilings, DecorativeDesignerLightingFixtures, EatInKitchen, Elevator, MultipleStaircases, OpenFloorplan, VaultedCeilings, WalkInClosets
Fireplace 1
Accessibility Accessible Elevator Installed
Appliances ElectricCooktop, ElectricOven
Subdivision Lynch
Lot features Interior Lot
Elementary school Lamar
Middle school Mineralwel
High school Mineralwel
Elementary school district Mineral Wells ISD
Middle school district Mineral Wells ISD
High school district Mineral Wells ISD
Directions Hwy 180 West turn right on NW 4th Avenue Property is on the Left.
Standard status Active
APN 20071
Lot size 0.84 Acres

Taxes and HOA fees

Tax Description ACRES: 0.837 LYNCH BLK 11 LOT C OF 3 N7 & 2.5
Tax Annual Amount 7786
Legal Description ACRES: 0.837 LYNCH BLK 11 LOT C OF 3 N7 & 2.5

Utilities

Sewer type Public Sewer
Cooling system Ceiling Fan(s), Window Unit(s)
Water source Public

Building Details

Year built 1911
Floors in Building 3
Number of units 3
Flooring type Wood
Building materials Brick, MetalSiding, WoodSiding
Listing Agency: SOURCE 1 REAL ESTATE
Listed By: Margaret Terry · License #0569583
Added: May 21 Changed: Sep 12 Last Checked: Sep 12 at 4:06AM
MLS# 21007300

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This triplex property includes an American Four Square residence built in 1911, a separate 960-square-foot apartment, and an 1,800-square-foot shop with updated electrical service. The main home retains original woodwork, hardwood flooring, a front porch, large windows, and a fireplace, while also featuring an elevator, multiple staircases, vaulted or cathedral ceilings, and walk-in closets. The residence needs renovation, and the foundation has been repaired.

Set on 0.837 acres in Mineral Wells, the property is within walking distance of downtown and the Baker Hotel. The apartment has been completely updated and is currently rented. Public water and sewer serve the property, with window-unit cooling, ceiling fans, and carport parking. Construction materials include brick, metal siding, and wood siding.

Key Highlights

  • American Four Square residence built in 1911
  • 0.837‑acre lot in Mineral Wells, TX
  • Separate 960 square feet apartment, completely updated and currently rented

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Barber Shop Electrical Service (Bike/Boat/Book/etc) Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

526
Businesses Nearby

Demographics for 76067, TX

20,473
Population
8,660
Households
2.4
Avg Household Size
39
Median Age
13%
College-Educated
84%
High-School Grad
197.6 sq mi
ZIP Area
104
Density / Sq Mi
$59,670
Median Household Income
$35,532
Median Earnings
$1,050
Median Rent
$156,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Early twentieth-century property with a separate apartment, shop, and renovation needs near downtown Mineral Wells.
Where is this triplex located?
The property is located at 207A NW 4th Avenue Mineral Wells, TX.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: American Four Square residence built in 1911; 0.837‑acre lot in Mineral Wells, TX; Separate 960 square feet apartment, completely updated and currently rented
More about this property
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