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    507 Garrett Morris Pkwy Mineral Wells, TX 76067

    For Sale
    $525,000

    Unimproved Land - Mineral Wells, TX

    Type:Unimproved Land
    Lot size:
    10.00 Acres
    Days on Market:
    136
    Last Refresh:
    Dec 11 at 3:06 am

    Property Features for 507 Garrett Morris Pkwy

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R000007141
    Lot size
    10.00 Acres

    Building Details

    Architectural style
    Other

    eXp Realty, LLC (888) 519-7431 [email protected]

    Listing agent Suzan Nicholson (888) 519-7431 License #0781199

    Listing date Jul 29, 2025

    MLS# 20805193 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

    Prime Vacant Land Near Downtown

    This 10-acre parcel of vacant land is located near downtown Mineral Wells, Texas, approximately half a mile from Hwy 180. The property is adjacent to a planned 486-lot housing project on 113 acres named The Wells, located on Mineral Wells’ southeast corner on the east side of Garrett Morris Parkway. A groundbreaking ceremony for this development took place in the fall of 2022. The development plans include a T-ball field, a fishing area, and several picnic areas. Downtown Mineral Wells is undergoing revitalization, including the renovation of the Crazy Water Hotel, which has already re-opened, and the future grand opening of the Baker Hotel and Spa. The property is also located 4 miles from Lake Mineral Wells State Park, which offers camping, fishing, rock climbing, and hiking areas. This property presents an investment opportunity for developing a residential community or a commercial venture.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -98.080196
    Latitude
    32.802372

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    FAQs

    What type of property is this?
    Land - 10-acre vacant land near downtown Mineral Wells, Texas.
    Where is this land located?
    The property is located at 507 Garrett Morris Pkwy Mineral Wells, TX.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - 10-acre vacant land parcel offering a substantial development opportunity.; - Located adjacent to 'The Wells,' a 486-lot master-planned community, promising increased property value and access to amenities.; - Proximity to downtown Mineral Wells, undergoing revitalization with the re-opening of the Crazy Water Hotel.
    (888) 519-7431
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    507 Garrett Morris Pkwy 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

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    Cap approach

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    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
    507 Garrett Morris Pkwy Mineral Wells, TX 76067
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