512 Nw 5th Street

Mineral Wells, TX
$ 84,900 Beds 2 Baths 1 Sq 992 Virtual Tour
Monthly Estimate* How much can I afford?

INVESTOR SPECIAL! This 2-bedroom, 1-bath 1940s bungalow near downtown Mineral Wells offers an exciting opportunity to flip, renovate, or add to your rental portfolio as this growing community continues to attract new investment. Priced to sell, the property features solid construction, authentic period details, hardwood floors, and quality lumber ready to be brought back to life. With cosmetic and structural repairs needed, this is a chance to create value and restore the charm of a classic Mineral Wells home. Located just a few blocks from the historic downtown district, you'll be close to the iconic Baker Hotel, Crazy Water Hotel, restaurants, shops, and other local attractions. With its location, character, and potential, this property offers multiple possibilities for an investor looking to capitalize on the continued growth and revitalization of Mineral Wells.

Active

  • Price
  • $ 84,900
  • City
  • Mineral Wells
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • PALO PINTO
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.115 Acres
  • Zip
  • 76067
  • Sqr Footage
  • 992
  • Taxes
  • $ 2156
  • Style
  • Traditional
  • MLS#
  • 21376776
Listed By: Lake Homes Realty, LLC
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central,Electric
Cooling Central Air,Electric
Utilities Asphalt,City Sewer,City Water,Electricity Connected,Overhead Utilities,Sidewalk
Possession Closing/Funding
Roof Composition
Appliances Disposal,Electric Range
Easements Utilities
Restrictions No Known Restriction(s)
School District Mineral Wells ISD
Year Built 9999
Architectural Style Traditional
Levels One
Unexempt Taxes 2156
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Wiggins Add
Transaction Type For Sale
Occupant Type Vacant
Carport Spaces 1
County Palo Pinto
Property Type Residential
Security Features Unknown
Construction Materials Siding
Year Built Details Preowned
Accessory Unit Y/N No
HOA Type None
Special Notes Verify Tax Exemptions
Full Baths 1
Status Active
Directions GPS friendly address; for assistance please contact agent.
City Mineral Wells
Other Equipment None
Elementary School Name Lamar
High School Mineralwel
Elementary School Lamar
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21376776
Standard Status Active
Listing Terms Cash,Conventional

Interior Features

Interior Features Other
Flooring Wood
Dining Areas 1
Living Areas 1
Room Count 3
Lock Box Type Blue iBox
Total Bedrooms 2
Total Baths 1
Laundry Features Dryer Hookup,Washer Hookup

Exterior Features

Exterior Features Covered Patio/Porch
Lot Features Few Trees
Vegetation Grassed
Fencing Chain Link
Soil Type Unknown
Lot Size Source Public Records
Parking Features Detached Carport
Lot Size Less Than .5 Acre (not Zero)
Covered Spaces 1
Foundation Pillar/Post/Pier
Lot Size Area 0.1150
Lot Size Units Acres
Structural Style Single Detached
Lot Size Square Feet 5009.4000
Lot Size Acres 0.1150
Patio And Porch Features Covered

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Lamar Elementary School
Middle School Unknown Middle School
High School

Price History

9/8/2026 Listed $84,900

Property vs Zip Code Average in 76067

Price
AVG $400K
$80K
Taxes
AVG $4,826
$2,156
Visits
AVG 131
3
Data Provided by Inside Real Estate®

Areas That We Cover

512 Nw 5th Street Mineral Wells, TX is a Single Family Home for sale at $84900 with 992 sqft and a lot size of 0.115 Acres Acre(s). 512 Nw 5th Street Mineral Wells has 2 bedrooms, 1 baths . The property's zip code is 76067 which is in Mineral Wells, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Your Agent
Zack Owen

Zack Owen

254-235-5015

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