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    4992 Highway 281 N Mineral Wells, TX 76067

    For Sale
    $259,900

    Improved Land - Mineral Wells, TX

    Lot size:
    0.95 Acres
    Days on Market:
    58
    Last Refresh:
    Dec 11 at 1:06 am

    Property Features for 4992 Highway 281 N

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    07977
    Lot size
    0.95 Acres

    Building Details

    Architectural style
    Other

    Cornerstone Home and Ranch (940) 452-7915

    Listing agent Kayla Spain (940) 452-7915 License #0727336

    Listing date Oct 15, 2025

    MLS# 21087320 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

    Highway Frontage Commercial Land

    This commercial property, located approximately 5 miles from downtown Mineral Wells, offers a foundation for various ventures. The property includes an approximately 7,800 sq. ft. concrete slab situated on just under one acre. A new culvert and driveway off Highway 281 were installed approximately one year ago. With 258 feet of frontage on Highway 281, the location provides visibility and accessibility along a high-traffic corridor. The property allows for parking, storage, or future expansion. The location is suitable for a retail space, workshop, warehouse, barndominium, or office. The property is located on N Highway 281 in Mineral Wells, Texas.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Auto Repair Shop Hotel & Motel Food Market Grocery Store Bed & Breakfast Pet Supply Store

    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
    -98.092907
    Latitude
    32.876801

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    FAQs

    What type of property is this?
    Commercial land - Commercial land with concrete slab and highway frontage near downtown.
    Where is this commercial land located?
    The property is located at 4992 Highway 281 N Mineral Wells, TX.
    What is the asking price?
    The asking price for this property is $259,900.
    What are key features of this property?
    This property features: - Prime commercial property with 258 feet of Highway 281 frontage offering exceptional visibility.; - Approximately 7,800 sq. ft. concrete slab already in place on just under one acre.; - Located just 5 miles from downtown Mineral Wells.
    (940) 452-7915
    Request Owner's contact information
    4992 Highway 281 N 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
    4992 Highway 281 N Mineral Wells, TX 76067
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