Development Opportunity in Mineral
For Sale
$1,000,000
SE Martin Luther King Jr Street, Mineral Wells, TX 76067
Land, Mineral Wells, TX
Property SizeContact for details
Lot Size5.38 Acres
Days on Market338
Property Features for SE Martin Luther King Jr Street
General Information
Property type
Land
Property subtype
Other
Zoning description
Single Family 9000(SF9)
Vegetation
Cleared
Subdivision
Goodwin 03
Lot features
Acreage, Level, City 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
From Corner of SE Martin Luther King Jr St & SE 25th Ave, head west on MLK Jr St. Property on the left after LDS church.
Standard status
Active
APN
16954
Lot size
5.38 Acres
Taxes and HOA fees
Tax Description
ACRES: 5.384 GOODWIN #3 BLK 13 LOT 2-R-A (AKA
Tax Annual Amount
2630
Legal Description
ACRES: 5.384 GOODWIN #3 BLK 13 LOT 2-R-A (AKA
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
INC Realty, LLC
(972) 351-1095
Listed By:
Michael Rankin · License #0709144
(940) 222-6314
Added: Oct 3, 2025
Changed: Aug 21
Last Checked: Sep 5 at 2:06PM
MLS# 20747749
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 5.384-acre property presents a prime development opportunity located in Mineral Wells, Texas. The land is currently zoned Single Family 9000, but offers potential for a planned development that could accommodate multi-family housing. The property offers multiple development options.
Key Highlights
- PRIME development opportunity.
- Zoned Single Family 9000.
- Potential for multi‑family housing development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
367
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - 5.384 acres of unimproved land with development potential.
Where is this land located?
The property is located at SE Martin Luther King Jr Street Mineral Wells, TX.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: PRIME development opportunity.; Zoned Single Family 9000.; Potential for multi‑family housing development.
