$575,000
- 5 Beds
- 4 Baths
- 6,768 Sq Ft
207 NW 4th Ave, Mineral Wells, TX 76067
Margaret Terry SOURCE 1 REAL ESTATE - Mineral Wells
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Mineral Wells, TX Multifamily Homes & Duplexes for Sale
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207 NW 4th Ave, Mineral Wells, TX 76067
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Explore Mineral Wells
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$247,500
- 4 Beds
- 1.5 Baths
- 1,480 Sq Ft
188 Olsen 1st, Mineral Wells, TX 76067
188 Olsen 1st, Mineral Wells, TX 76067Jonathan Underwood eXp Realty, LLC
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$898,000
- 12,606 Sq Ft
2530 Old Millsap Hwy, Mineral Wells, TX 76067
2530 Old Millsap Hwy, Mineral Wells, TX 76067Jenna Sims Cornerstone Home and Ranch
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$699,900
- 3 Beds
- 2 Baths
- 1,918 Sq Ft
3752 Lamkin Rd, Mineral Wells, TX 76067
3752 Lamkin Rd, Mineral Wells, TX 76067Wesley Stout The Platinum Group Real Estate
Why Live in Mineral Wells
Mineral Wells, TX, located roughly 50 miles west of Dallas-Fort Worth, is a city steeped in history and known for its mineral-rich waters. The Baker Hotel, built in 1922, is a testament to the town's historical significance and is currently undergoing restoration, including its famed mineral spa. Mineral Wells has recently joined the Texas Main Street program, which has revitalized the downtown area with the restoration of Western false-front and art deco buildings, attracting around 50 to 60 new businesses. The city is served by U.S. Highways 180 and 281, with Interstate 20 accessible 20 miles east in Weatherford. The local airport supports military and general aviation needs and is home to five aircraft manufacturers. Mineral Wells State Park offers popular camping and rock-climbing spots, and the National Vietnam War Museum is located nearby. The 20-mile-long Lake Mineral Wells Trailway connects cyclists and horseback riders to Weatherford. Civic groups and running clubs keep residents active, while downtown street fairs, Sip 'n Shops, and farmers markets provide things to do. The Boyce Ditto Library hosts family-friendly activities, and Clark Gardens offers no-bake cooking classes. Mineral Wells ISD provides individualized instruction across five schools. The city experiences routine natural hazards such as tornadoes and extreme summer heat. Housing styles include custom farmhouses and rehabilitated 20th-century slab ranchers and cottages.
Home Trends in Mineral Wells, TX
On average, homes in Mineral Wells, TX sell after 88 days on the market compared to the national average of 70 days. The median sale price for homes in Mineral Wells, TX over the last 12 months is $285,000, down 21% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$285,000
Median Single Family Sale Price
$285,000
Average Price Per Sq Ft
$274
Number of Homes for Sale
11
Last 12 months Home Sales
70
Months of Supply
1.90
Median List Price
$310,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-21%
In Mineral Wells, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $247,500 to $898,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Mineral Wells is $310,000, while the average sale price is $389,582, offering insights into the local housing market. On average, multi-family homes spend 88 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Mineral Wells, TX.
Mineral Wells Types of Homes for Sale
Mineral Wells Real Estate Listings
More About Living in Mineral Wells
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