Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Hospitality Property with Tiny Homes Title is generated by Realmo AI

    209 S Mingus Boulevard, Mingus, TX 76463

    View on Map
    Claim this Listing
    New
    For Sale
    $760,000

    Turnkey hospitality property with a restaurant and coffee bar plus six tiny homes on expansive grounds.

    Type:Commercial
    Property size:
    9,999 SF
    Price / SF:
    $76/SF
    Added:
    Jun 3, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 5 at 2:02 am

    Property Features for 209 S Mingus Boulevard

    General Information

    Standard status
    Active
    Size
    9,999 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    9999

    We can help!

    Listing Contact
    Mary Harmon

    Listing agent Mary Harmon License #0432717

    Listing office Superior Real Estate Group

    Listing date Jun 3, 2026

    Source Signaturere

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

    All listing content including descriptions, pricing, images are the copyrighted material of Superior Real Estate Group

    HighLights

    • Owner financing available with terms negotiable, with rates as low as 3.9%
    • Six tiny homes on‑site, with four completed and ready for short- or long‑term rental
    • Fully operational restaurant and coffee bar on the property, with the business equipped for operation
    • Additional land included for further development and income‑producing uses
    • Located in Mingus, Palo Pinto County, with convenient access to Interstate 20
    • Approx. 40 miles to Weatherford, 65 miles to Fort Worth, and 90 miles to Abilene via I‑20

    Overview

    This distinctive hospitality property combines lodging and food service in one turnkey setting. It features six tiny homes, with four completed and ready for short- or long-term rental use. The site also includes a fully operational restaurant and coffee bar that is presented as fully equipped, supporting immediate operation or rebranding. With expansive grounds and additional land for further development, the property allows for added income-producing uses beyond the current lodging and hospitality components.

    Located at 209 S Mingus Boulevard in Mingus, Texas, the property provides convenient access to Interstate 20, supporting visitor access and guest travel. The public remarks cite approximately 40 miles to Weatherford, 65 miles to Fort Worth, and 90 miles to Abilene, which may help attract both local traffic and destination guests.

    As a combined hospitality and event-capable asset, it may fit operators looking to run an on-site restaurant and coffee program while offering unique accommodations through the tiny homes. It may also suit buyers exploring a retreat or event-oriented concept using the established food service and the additional land for future site development. Owner financing is noted as available, with negotiable terms and rates as low as 3.9%, subject to buyer verification and customary due diligence.
    Location Intelligence

    Current Use by Public Records

    Beneventi's Italian Restaurant Restaurant Sweet Loretta's Beer, ... Bar & Pub Sweet Loretta's Coffee ... Cafe & Coffee Shop

    Suggested Use

    Restaurant Bar & Pub Grocery & Convenience Store Veterinary Clinic Cafe & Coffee Shop Restaurant Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mingus
    County
    Palo Pinto
    State
    Texas
    Longitude
    -98.4218
    Latitude
    32.5297

    Nearby Similar for Sale

    • $525,000

      Historic Honky-Tonk Venue

      Own a long-running live music and entertainment spot with a dedicated stage, bar area, and updated outdoor performance space.
      908 S Mingus Boulevard, Mingus, TX 76463
      View Details
    • $760,000

      Turnkey Hospitality and Tiny Home Community

      A ready-to-operate restaurant, coffee bar, and multiple tiny homes on expansive grounds, offering flexible income and event use.
      209 S Mingus Boulevard, Mingus, TX 76463
      View Details
    • $350,000

      Historic Bank Building with Drive-Through

      Turnkey commercial building with a drive-through lane and original vault-safe construction, suitable for office, retail, or service use.
      117 Gordon Road, Mingus, TX 76463
      View Details
    • $887,500

      Mingus Hospitality Property with Restaurant

      Turnkey property with restaurant, tiny homes, and expansion potential.
      209 S Mingus Blvd, Mingus, TX, 76463-1145
      View Details

    FAQs

    What type of property is this?
    Campground - Turnkey hospitality property with a restaurant and coffee bar plus six tiny homes on expansive grounds.
    Where is this campground located?
    The property is located at 209 S Mingus Boulevard Mingus, TX.
    What is the asking price?
    The asking price for this property is $760,000.
    What are key features of this property?
    This property features: Owner financing available with terms negotiable, with rates as low as 3.9%; Six tiny homes on‑site, with four completed and ready for short- or long‑term rental; Fully operational restaurant and coffee bar on the property, with the business equipped for operation
    (817) 637-6202
    We can help!
    Listing Contact
    Mary Harmon
    Real Estate License ID: 0432717
    Learn More
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    209 S Mingus Boulevard, Mingus, TX 76463
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!