Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    10540 Highway 281 Mineral Wells, TX 76486

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,300,000

    42-acre property with highway frontage, ready for your vision.

    Lot size:
    42.00 Acres

    Property Features for 10540 Highway 281

    General Information

    Lot size
    42.00 Acres

    Source: JPAR West Metro Agent John Peters

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    42 Acres South of Perrin

    This 42-acre property offers a mix of natural beauty and modern upgrades. It features highway frontage for easy access and visibility, making it ideal for future development or ranch operations. The rear of the property offers room to build, providing privacy and flexibility for a home, guest house, or additional facilities. Majestic oak trees with coastal and native grasses create a scenic, productive landscape. A new pipe and wire fence provides durability and security. A new 4-bay hay barn offers ample storage for hay, feed, or equipment. A new water well produces 35 GPM, ensuring reliable water for livestock, irrigation, or residential use. This tract is an opportunity to own acreage with both highway access and building potential, making it suitable for ranching, farming, or residential development.
    Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Restaurant Law Firm Auto Repair Shop HVAC Service Convenience Store Tech Support Center

    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
    -98.072732
    Latitude
    32.755598

    Nearby Similar for Sale

    • $6,700,000
      6,114 SF

      Luxury Ranch Estate with Covered Arena

      69-acre Mineral Wells estate with luxury home and equestrian facilities.
      501 Grimes Rd, Mineral Wells, TX 76067
      View Details
    • $1,350,000
      1,349 SF

      Versatile Property with RV Storage

      17+ acre property featuring storage, living quarters, and recreational amenities.
      435 Gene Lee Rd, Mineral Wells, TX 76067
      View Details
    • $1,350,000
      3,500 SF

      Versatile Mineral Wells Income Property

      Multifamily, storage, warehouse, and venue potential near Brazos River.
      462 Halsell Rd, Mineral Wells, TX 76067
      View Details
    • $645,000
      1,293 SF

      Texas Countryside Farm and Ranch

      21-acre property with a 2-bedroom home and spacious barn.
      625 Southridge Rd, Mineral Wells, TX 76067
      View Details
    • $450,000
      0.34 Acres

      Downtown Mineral Wells Investment Opportunity

      Fully leased, income-producing building in downtown Mineral Wells with diverse tenants.
      401 W Hubbard St, Mineral Wells, TX 76067
      View Details
    • $2,700,000
      4,223 SF

      Turnkey Ranch Ready for Operation

      Move-in ready ranch for training or breeding operation.
      1003 Lamkin Rd, Mineral Wells, TX 76067
      View Details

    FAQs

    What type of property is this?
    Farm - 42-acre property with highway frontage, ready for your vision.
    Where is this farm located?
    The property is located at 10540 Highway 281 Mineral Wells, TX.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - 42 Acres with Highway Frontage: Ideal for development or ranch operations.; - New Water Well (35 GPM): Provides reliable water source.; - Room to Build in Rear: Offers privacy and flexibility for construction.
    Request Owner's contact information
    10540 Highway 281 Mineral Wells, TX 76486
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10540 Highway 281
    Mineral Wells, TX 76486
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    10540 Highway 281 Mineral Wells, TX 76486
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.