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    19 Brazos Dr Mineral Wells, TX 76067

    For Sale
    $139,000

    Texas commercial lot, stunning views, $139,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 5-acre commercial lot, located at Lot 19 Brazos Dr, Mineral Wells, TX 76067, presents a unique investment opportunity. Priced at $139,000, this property offers a land value of $0.64 per square foot. The lot encompasses 217,800 square feet and is priced at $27,800 per acre. Situated in Palo Pinto County, the land boasts a picturesque setting with abundant trees and open space, ideal for various commercial developments. Enjoy breathtaking views of the Palo Pinto Mountains and abundant wildlife. A nearby private park provides convenient access to the Brazos River. This property is free from homeowner's association (HOA) fees; however, maintaining membership with the grazing association is required to retain the agricultural exemption. Please note that mobile homes are not permitted on this property. This is a rare opportunity to acquire a sizable commercial lot in a desirable location with stunning natural surroundings. The property's size and location make it suitable for a range of commercial ventures. Contact us today to learn more about this exceptional opportunity.

    Property Features for 19 Brazos Dr

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • Asking Price: $139,000 for 5 acres.
    • Land Area: 217,800 square feet (5 acres).
    • Land Price: $0.64 per square foot.
    • Price per Acre: $27,800.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Gym & Fitness

    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
    -98.0887174
    Latitude
    32.8154827

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    FAQs

    What type of property is this?
    Land - Texas commercial lot, stunning views, $139,000
    Where is this land located?
    The property is located at 19 Brazos Dr Mineral Wells, TX.
    What is the asking price?
    The asking price for this property is $139,000.
    What are key features of this property?
    This property features: Asking Price: $139,000 for 5 acres.; Land Area: 217,800 square feet (5 acres).; Land Price: $0.64 per square foot.
    Request Owner's contact information
    19 Brazos Dr Mineral Wells, TX 76067
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    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

    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
    19 Brazos Dr Mineral Wells, TX 76067
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