510 6Th St Mineral Wells, TX 76067
- Commercial real estate
- 0.23 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 510 6Th St
- Year built
- 1920
- Lot size
- 0.23 lot acres
- Property type
- Commercial real estate
- APN
- 27853
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mineral Wells
- County
- Palo Pinto
- State
- Texas
- Longitude
- -98.1170668
- Latitude
- 32.813963
