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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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512 NW 5th St , Mineral Wells, TX 76067
$84,900
Est. Payment: $476.86/mo
2 Bed
1 Bath
992 Sqft
0.12 Acres
Status: active | Days on site: 33
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LKHR01 - 0595352
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House Description

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.

Highlights

Listed by Jo Lynn Miller , Lake Homes Realty, LLC , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.12

Year Built

9999

County

Palo Pinto

Neighborhood

Wiggins Add

School District

Mineral Wells ISD

Listing ID

21376776

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Disposal, Electric Range
Air Cond:Central Air,Electric
Fireplaces:
Floor:Wood
Other:
  • ▪ Additional:Master on Main

Exterior Features

Lot:Few Trees,Less Than .5 Acre (not Zero)
Roof:Composition
Others:
  • ▪ Additional:Covered Patio/Porch, Preowned
Parking Features:Detached Carport
Principal Interest
$477
Taxes
$180

Home Price

$84,900

Loan Details

30 yrs
7.542%

Down Payment

20%
$16,980
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:
$476.86

Principal

Taxes

Principal Taxes HOA Total
Monthly $476.86 $179.67 $0.00 $656.53
Yearly $5,722.34 $2,156.00 $0.00 $7,878.34
Total $171,670.09 $64,680.00 $0.00 $236,350.09

Today's Rates

30 Year

7.54%

20 Year

7.2%

15 Year

6.73%

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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: 2026-10-11T08:05:48.823Z

© 2026 North Texas Real Estate Information Systems