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Eight-Unit Apartment Community

30 Frost Lane, Mineral Wells, TX 76067

For Sale
New
$1,799,000

CommercialSale, Mineral Wells, TX

Property Size12,000 SF
Lot Size8.00 Acres
Price / SF$149.92
Days on Market1

Property Features for 30 Frost Lane

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Zoning description Residential
Parking features Carport
Lot features Acreage
Directions Off I-20 West exit Hwy 281. Go North, turn left on SW 22nd Street and the right on S. Keller and immediately right on Frost Lane. (This is the access road for this tract). This tract is located behind the two duplex buildings on the left if facing from S. Keller RD
Standard status Active
APN 569516
Size 12,000 SF
Lot size 8.00 Acres

Utilities

Sewer type Aerobic Septic
Heating system Central, Electric (Heating)
Cooling system Electric, Central Air, Ceiling Fan(s)
Water source Well

Amenities

carport
outdoor grill
fenced yard
horse stable
arena

Building Details

Year built 2024
Floors in Building 1
Number of units 8
Flooring type Concrete
Building materials MetalSiding
Roof type Metal
Listing Agency: eXp Realty, LLC
Listed By: Becky Hanley · License TX #0361808
Added: Nov 12 Last Checked: Nov 12 at 7:06PM
MLS# 21435071

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.

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Investment Insights

Based on property information with market context.

This eight-unit apartment property comprises two floor plans: four units at 1,400 square feet each and four at 1,600 square feet each. All are described as 3-2-2 layouts and include carports, concrete floors, granite kitchen counters, fenced yards, and outdoor grills. Metal construction and central electric heating and cooling are noted; the property is under construction.

The 8-acre site also includes a horse stable with 8 stalls and an arena. Water is supplied by a well, and wastewater is handled by an aerobic septic system.

Key Highlights

  • Eight apartments across two floor plans: four 1,400‑square‑foot units and four 1,600‑square‑foot units
  • Each residence has a 3‑2‑2 layout, carport, fenced yard, and outdoor grill
  • Granite kitchen counters and concrete flooring in the apartments

Property Analytics

Current Use

Apartment buildings

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Residences feature carports, fenced yards, and outdoor grills, alongside an on-site horse stable and riding arena.
Where is this apartment building located?
The property is located at 30 Frost Lane Mineral Wells, TX.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: Eight apartments across two floor plans: four 1,400‑square‑foot units and four 1,600‑square‑foot units; Each residence has a 3‑2‑2 layout, carport, fenced yard, and outdoor grill; Granite kitchen counters and concrete flooring in the apartments
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