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Property profile & analytics
OFF-MARKET
Apartment buildings

510 6Th St Mineral Wells, TX 76067

0.23 ac lot Built 1920
Property ID
US82-5544531
Property summary
AI-generated overview

This charming 1920s-era triplex in Mineral Wells, Texas, presents a unique investment opportunity. Located at 510 NW 6th St (also including 508 NW 6th St), this property sits on a 0.23-acre lot and consists of two buildings, each two stories high. The property features two spacious two-bedroom apartments and a one-bedroom apartment located in a converted garage. Recent updates include plumbing upgrades throughout, a kitchen renovation in the downstairs unit in 2022, and upstairs unit and garage apartment bathroom and plumbing updates completed in 2023. While some cosmetic work and electrical updates are needed, this property offers significant potential for rental income or multigenerational living. The asking price is $299,000, translating to $82 per square foot. The property's APN is 27853. This is an excellent opportunity to own a piece of Mineral Wells history and capitalize on the potential for future appreciation. The property is located in Palo Pinto County, Texas, zip code 76067. This multifamily investment is ideal for those seeking a hands-on project with high return potential.

Property profile
Verified
Property type Apartment buildings
Year built 1920
Lot 0.23 ac (10,019 SF)
UPID US82-5544531
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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