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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Mineral Wells at 1006 High Point Dr, Mineral Wells, TX, 76067 offers a 2.28% rental yield on a $575,000 purchase with $1,092/mo rent. 05% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 2.92% and total cumulative return in cash at $5,519. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,092/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
5 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76067, Mineral Wells, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,166 (100%) |
| Owner Occupied HU | 5,343 (58.3%) |
| Renter Occupied HU | 2,995 (32.7%) |
| Vacant Housing Units | 828 ( 9.0%) |
| Median Home Value | $176,632 |
| Average Home Value | $235,364 |
Residential
8,713
Single Family
8,220
Multi-Family
493
Businesses
676
Date | Event | Price |
|---|---|---|
| 2025-02-08 | Listed for sale | $575,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $2934.66 | 2.55% | $551,320 | 34.33% |
| 2023-02-12 | $2861.81 | 99.62% | $410,430 | 108.10% |
| 2022-02-12 | $1433.63 | 18913.66% | $197,230 | 110.94% |
Listed by: Susan Hawkins • MITCHELL REAL ESTATE & MANAGEMENT, LLC
Mls Name: NTREIS
Mls ID: #20839394
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
