0 Ellis White Rd Mineral Wells, TX 76067
This exceptional 25-acre property presents a unique investment opportunity in Mineral Wells, Texas. Located just inside the city limits, this mixed-use land offers unparalleled versatility. The property's zoning allows for residential development, making it perfect for building a dream home or creating a subdivision. Equally suited for agricultural use, the land is ideal for raising cattle or horses, boasting a seasonal creek and abundant wildlife. The presence of a new city water line at the street significantly enhances the property's development potential, simplifying infrastructure needs. Situated on Ellis White Rd in Palo Pinto County, with a 76067 zip code, this 25-acre parcel provides ample space and privacy while remaining conveniently close to city amenities. The property's diverse potential makes it an attractive option for a wide range of buyers, from developers seeking a prime location to individuals looking for a spacious rural retreat. Don't miss this chance to own a piece of Texas land with limitless possibilities. The asking price is $550,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.