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Mineral Wells

Mineral Wells

Located in Palo Pinto County

$324 Average Price per Sq Ft
4 Homes For Sale

Historic outdoorsy city with pride in the water

Roughly 50 miles west of Dallas-Fort Worth, history flows in Mineral Wells. In the 1800s, a local woman was called crazy for drinking the mineral-rich waters of a natural spring and claiming it had health benefits. Then when a local businessman drank the water and claimed it cured his stomach ailment, he unleashed a tourism craze. Visitors descended on the town, thirsty for a taste of the supposedly healing waters. Fearing their natural wonder would be exploited by outside interests, locals banded together in 1922 and raised funds to build the Baker Hotel, inspired by the famous bathhouses in Hot Springs National Park. Recent plans to reopen the hotel demonstrate how history mixes with the present in the small, outdoorsy city. "It's just a beautiful place, and people are very, very proud of that," says Kathy Spencer, manager of the Boyce Ditto Public Library. "People love the history." Recently, Mineral Wells was accepted into the statewide Texas Main Street program, helping accelerate the restoration and reinhabiting of Western false-front and art deco commercial buildings in the downtown core. "It was announced that there are about 50 to 60 new businesses in Mineral Wells in the last year," Spencer says. "They have reinvented downtown. It's unbelievable."

Mineral Wells, TX is famous for its rich waters and springs.
Mineral Wells, TX is famous for its rich waters and springs.
Downtown Mineral Wells has seen a recent rejuvenation with the upcoming opening of the Baker Hotel.
Downtown Mineral Wells has seen a recent rejuvenation with the upcoming opening of the Baker Hotel.
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Home and land prices for considerably less than Weatherford

Mineral Wells sees a median single-family price of $237,000, whereas neighboring cities like Weatherford almost double that. A fairly stagnant population has sat around 15,000 for many years, so there aren't many new builds in Mineral Wells.In the early 2000s, custom farmhouses on rural acreage were a popular trend. These days, rehabs of 20th-century slab ranchers and cottages are most common in the city. Land buyers can still expect to pay between $25,000 and $130,000 per acre.

Custom homes of all sizes and styles are popping up in Mineral Wells.
Custom homes of all sizes and styles are popping up in Mineral Wells.
Mineral Wells is abundant in renovated ranch homes .
Mineral Wells is abundant in renovated ranch homes .
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Distant interstates and aerospace manufacturers in town

U.S. Highways 180 and 281 are the primary connectors for Mineral Wells. Interstate 20 can be accessed roughly 20 miles east in Weatherford. U.S. 281 offers a closer connection with I-20 roughly 15 miles south of Mineral Wells. The city also has an airport serving military and general aviation needs while also being a major economic force as the home of five aircraft manufacturers, including Genesys Aerosystems. Non-aerospace manufacturers and Palo Pinto General Hospital are also major employers.

Historic mineral spas soon to reopen at the restored Baker Hotel

Ten years after it closed in 1972, the Baker Hotel was put on the National Register of Historic Places. In its almost 50-year lifetime, the hotel saw such famous guests as Judy Garland, Clark Gable and former president Lyndon B. Johnson. In 2018, voters approved restoring the Spanish Colonial Revival high rise to its former glory, choosing to keep its famed mineral spa open. The reinvigorated downtown has grown significantly the last few years while, on the east side of town, residents take care of weekly needs at various supermarkets and big-box retailers.

The famous Baker Hotel in Mineral Wells is under renovation and set to reopen in 2026.
The famous Baker Hotel in Mineral Wells is under renovation and set to reopen in 2026.
Mineral Wells residents find basic necessities at the local Brookshire's.
Mineral Wells residents find basic necessities at the local Brookshire's.
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Civic groups and running clubs keep residents active and involved

Public events range from golf tournaments to downtown street fairs. Numerous civic organizations, like Friends of the Library, make it easy to forge connections and give back through volunteering. Running clubs and gardening groups keep residents outside while bars and restaurants hold live music and open mic nights. Sip 'n Shops and a weekly farmers market draw crowds to downtown businesses, and numerous facilities across town offer constant family-friendly activities like story times at the Boyce Ditto Library or no-bake cooking classes at Clark Gardens. "Our summer reading program is a big event. We have a block party that starts it off in the parking lot with free hot dogs and entertainment," Spencer says.

Residents can attend regular events held at at Boyce Ditto Public Library.
Residents can attend regular events held at at Boyce Ditto Public Library.
The Mineral Wells Let's Grow Crazy Community Garden hosts a weekly farmers market.
The Mineral Wells Let's Grow Crazy Community Garden hosts a weekly farmers market.
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New library parks and former airbases turned rock-climbing hotspots

Outdoor areas also provide a well of history. Fossil enthusiasts can dig into the past at Mineral Wells Fossil Park. Popular camping and rock-climbing spots in Mineral Wells State Park sit on hallowed ground. The former airbase is where nearly every Vietnam War helicopter pilot trained, which is why the National Vietnam War Museum sits across from the park entrance. Cyclists and horseback riders can reach Mineral Wells State Park from the center of town using the 20-mile-long Lake Mineral Wells Trailway, which extends east to Weatherford. Plus, there are additional projects planned for the future. "We are going to be building a walking story trail park in the back of our library," Spencer says. "It's going to be a wonderful park with storyboards in it, gazebos, a bridge and a make-believe trail going through the park."

Families head to Mineral Wells Fossil Park to hunt for unique fossil finds.
Families head to Mineral Wells Fossil Park to hunt for unique fossil finds.
Lake Mineral Wells Park is popular for hiking trails, swimming, and fishing in Mineral Wells.
Lake Mineral Wells Park is popular for hiking trails, swimming, and fishing in Mineral Wells.
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Individualized instruction through Mineral Wells ISD

Although the city is split between Palo Pinto and Parker Counties, students are zoned for Mineral Wells Independent School District, which has a B-minus Niche rating. The district oversees roughly 3,300 students across five schools, plus a special academy for ninth through 12th graders seeking smaller classes with individualized instruction.

Students at Mineral Wells Jr. High School enjoy a variety of after school activities.
Students at Mineral Wells Jr. High School enjoy a variety of after school activities.
Mineral Wells High School students can cheer for the Rams.
Mineral Wells High School students can cheer for the Rams.
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Natural hazards and crime stats

Routine natural hazards include tornadoes and extreme summer heat. Riverine flooding can also be a concern in some parts of the city, but this primarily affects lesser developed areas surrounding the Brazos River.

FBI data shows violent crime rates in Mineral Wells mostly align with state and national figures. Property crime rates, meanwhile, are a bit above state and national figures, mostly due to a recent uptick in motor vehicle thefts.

Tom Jakob
Written By
Tom Jakob
Andrea McKinney
Photography Contributed By
Andrea McKinney
Nathan Allen
Video By
Nathan Allen

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Mineral Wells Housing Trends

Housing Trends

Median List Price
$479,750
Median Sale Price
$447,000
Median Single Family Sale Price
$445,000
Median Change From 1st List Price
2%
Last 12 months Home Sales
2
Median Home Sale Price YoY Change
22%
Average Price Per Sq Ft
$324

Area Facts

Number of Homes
57
Number of Homes for Sale
4
Median Year Built
2020
Months of Supply
24.00
Average Single Family Home Size Sq Ft
1,980
On par with the national average
1,929
Median Lot Size Sq Ft
13,285

Open Houses

  • Saturday, Dec 20
    Open Sat 12PM - 3PM

    515 SW 15th St, Mineral Wells, TX 76067

    $182,000

    • 3 Beds
    • 2 Baths
    • 1,370 Sq Ft
    • 515 SW 15th St

    Move-in ready! Renovated 3 bed, 2 bath home boasts spacious living with vaulted ceilings & tons of natural light from new windows(2024). Home has so much charm as it was built in 1918. Enjoy peace of mind with a 2 year foundation warranty from recent foundation repairs. Relax under mature trees on the large corner lot. Carport included. Don't miss out! ZERO down USDA financing available. SHORT

    Michael Rankin INC Realty, LLC

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  • Sunday, Dec 21
    Open Sun 12PM - 3PM

    2507 SE 13th St, Mineral Wells, TX 76067

    $235,000

    • 4 Beds
    • 2 Baths
    • 1,683 Sq Ft
    • 2507 SE 13th St
    • New 11 days ago

    Welcome to this lovely move-in ready 4 bed 2 bath home with 4th bedroom flexible to be an office, formal dining, or extra living room because of its central location. Home is very functional and spacious with an open concept floor plan that is highlighted by plenty of cabinetry and a brick wood-burning fireplace in the living room. Plenty of entertaining space in the backyard with a large covered

    Michael Rankin INC Realty, LLC

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Mineral Wells Has More Owners

Demographics

Total Population
15,657
Median Age
37
Population under 18
27.8%
On par with the national average
23.8%
Population over 65
17.4%
On par with the national average
19.1%

Finances

Median Household Income
$51,582
Significantly below the national average
$79,601
Average Household Income
$64,274

Education and Workforce

High School Graduates
83.8%
College Graduates
12.2%
Below the national average
34.1%
Advanced Degrees
3.2%
Below the national average
13.3%
% Population in Labor Force
62.2%

Area Factors

Somewhat Bikeable

Bike Score®®

24 / 100

Car-Dependent

Walk Score®®

1 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Mineral Wells