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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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1500 S Oak Ave , Mineral Wells, TX 76067
$225,000
Est. Payment: $1,158.40/mo
0 Bed
0 Bath
2700 Sqft
Status: active | Days on site: 18
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Located at 1500 S Oak Ave, in Mineral Wells, this versatile commercial property features two separate units under one roof, offering an excellent opportunity for investors or owner-operators. The building includes two independent entrances, allowing each space to operate separately. Both units are equipped with their own restroom and kitchenette, making them ideal for small retail, office, service businesses, or studio use. One side of the property is currently leased to a long-term tenant, providing immediate income. The second unit has been recently remodeled and is move-in ready, giving a new owner the flexibility to lease it for additional cash flow or occupy the space. The layout makes this property ideal for dual tenants, live-work concepts, professional services, or small retail operations. Property Highlights: * Two commercial units under one roof * Separate entrances for each unit * Each unit includes bathroom and kitchenette * One long-term tenant in place * Second unit remodeled and ready for lease * Flexible commercial use potential Located on busy 281 street in Mineral Wells, TX with approximately 5,000 vehicles per day in traffic exposure Perfect for investors seeking stable income with upside potential or an owner-operator who wants to occupy one side while collecting rent from the other. Do not disturb tenants ! showing by appointment only.

Highlights

Listed by Naor Biringer , Independent Realty , North Texas Real Estate Information Systems

Property Type

Commercial Sale

Lot/Acreage
0.44

Year Built

1964

County

Palo Pinto

Neighborhood

G#L0500 01 00260 010 00 0

Listing ID

21348184

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Floor:Concrete

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Zoning:find out with city
Roof:Asphalt
Others:
  • Additional:Preowned
Parking Features:Additional Parking
Principal Interest
$1,158
Taxes
$143

Home Price

$225,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$45,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,158.40

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,158.40 $143.44 $0.00 $1,301.84
Yearly $13,900.77 $1,721.25 $0.00 $15,622.02
Total $417,023.18 $51,637.50 $0.00 $468,660.68

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Mineral Wells, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T23:23:04.180Z

© 2026 North Texas Real Estate Information Systems