NOT LISTED FOR SALE

505 NW 1st St Mineral Wells, TX 76067

Estimated Value: $170,000 - $191,000

2 Beds
1 Bath
938 Sq Ft
$192/Sq Ft Est. Value

Last Sold April 19, 2024

Current estimated payment $1,241/month

153 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Board and Batten Siding
  • Covered patio or porch
  • 1-Story Property
  • 1-minute walk to Zappe Park

About This Home

As of April 2024

PRICE IMPROVEMENT! Discover the perfect blend of Historic Charm and Modern Luxury in this Fully Renovated Cozy Cottage within walking distance to Downtown Mineral Wells. Steps away from Coffee & Cocktails, The Market at 76067, Winery, Brewery, and so much more! New Electrical, HVAC, Foundation, Plumbing, and fresh paint inside and out. Designer touches throughout create a cozy and welcoming atmosphere while maintaining its charm. The living areas bathe in natural light. The open concept kitchen features stainless steel appliances, floating shelves, and white shaker cabinets. Split bedrooms and a renovated bathroom with walk-in shower offer comfort and style. The backyard beckons for outdoor gatherings, and there's potential for expansion. Additional features include new laminate flooring and thoughtful landscaping. This home is your opportunity to own a true gem in the heart of Mineral Wells. Great Primary Residence or AirBNB Opportunity in a Prime Location! MOVE-IN READY!

Last Agent to Sell the Property

Julian Williams

Compass RE Texas, LLC Brokerage Phone: 817-691-0396 License #0562878 Listed on: 10/24/2023

Compass RE Texas, LLC

Last Buyer's Agent

Stacey King

Prime Realty, LLC License #0765190

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,580

Year Built

  • Built in 1900

Lot Details

  • 3,572 Sq Ft Lot
  • Wood Fence

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Board and Batten Siding
  • Aluminum Siding

Interior Spaces

  • 938 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered patio or porch

Schools

  • Lamar Elementary School
  • Mineralwel High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Lynch Subdivision

Listing and Financial Details

  • Legal Lot and Block 75 / 11
  • Assessor Parcel Number 20063

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,580

Year Built

Built in 1900

Lot Details

0

Listing Details

  • OWNERNAME: JW Development Group, LLC.
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse, Modern, Traditional, Detached
  • Unit Levels: One
  • Attribution Contact: 817-691-0396
  • Co List Office Mls Id: CMPS03
  • Structure Type: House
  • Special Features: VirtualTour

Interior Features

  • Square Footage: 938.0
  • Interior Amenities: Decorative/Designer Lighting Fixtures, Eat-in Kitchen
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Community Features: Curbs, Sidewalks
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Aluminum Siding, Board & Batten Siding, Brick
  • Pool Features: None
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Parking Features: On Street
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric
  • Utilities: Sewer Available, Separate Meters, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Lamar
  • High School: Mineralwel
  • Junior High Dist: Mineral Wells ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Acreage
  • Lot Size Units: Acres
  • Lot Size Area: 0.082
  • Parcel Number: 20063
  • Lot Size Acres: 0.082
  • Lot Size Sq Ft: 3571.92

Building Info

  • Year Built: 1900

Tax Info

  • TaxBlock: 11
  • Tax Lot: 75
  • Tax Annual Amount: 1580.0

MLS Schools

  • MiddleOrJuniorSchool: Mineralwel

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Apr 19, 2024
Sold by
Jw Development Group Llc
Bought by
Sharp Travis Hunter and Sharp Tori Christine
Seller's Agent
Julian Williams
Compass RE Texas, LLC
Buyer's Agent
Stacey King
Prime Realty, LLC
List Price
$204,900
Sold Price
$189,900
Premium/Discount to List
-$15,000
-7.32%
Views
539
Current Estimated Value
$180,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,449
Original Mortgage
$176,739
Outstanding Balance
$174,583
Interest Rate
6.88%
Mortgage Type
FHA
Estimated Equity
$5,868

Purchase Details

Listed on
Jul 10, 2022
Closed on
May 5, 2023
Sold by
Young Russell and Young Tiffany
Bought by
Jw Development Group Llc
Seller's Agent
Margaret Terry
SOURCE 1 REAL ESTATE - Mineral Wells
Buyer's Agent
Julian Williams
Compass RE Texas, LLC
List Price
$89,900
Sold Price
$72,500
Premium/Discount to List
-$17,400
-19.35%
Views
186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
6.32%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 17, 2022
Sold by
Donald Crawford Ii Allen
Bought by
Young Russell and Young Tiffany
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sharp Travis Hunter -- None Listed On Document
Jw Development Group Llc -- None Listed On Document
Young Russell -- Pratt & Garrett Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharp Travis Hunter $176,739
Previous Owner Jw Development Group Llc $101,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Sold -- -- --
03/31/2024 03/31/24 Off Market -- -- --
03/28/2024 03/28/24 Pending -- -- --
02/21/2024 02/21/24 Price Changed $189,900 -2.6% $202 / Sq Ft
11/08/2023 11/08/23 Price Changed $195,000 -4.8% $208 / Sq Ft
10/26/2023 10/26/23 For Sale $204,900 +127.9% $218 / Sq Ft
05/10/2023 05/10/23 Sold -- -- --
04/14/2023 04/14/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $89,900 0.0% $96 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
03/31/2023 03/31/23 Price Changed $89,900 -14.3% $96 / Sq Ft
01/21/2023 01/21/23 For Sale $104,900 0.0% $112 / Sq Ft
01/19/2023 01/19/23 Pending -- -- --
12/14/2022 12/14/22 Price Changed $104,900 -16.0% $112 / Sq Ft
07/10/2022 07/10/22 For Sale $124,900 -- $133 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,905 $133,020 $21,260 $111,760
2023 $1,624 $64,510 $10,180 $54,330
2022 $1,775 $72,500 $18,170 $54,330
2021 $1,301 $44,410 $5,420 $38,990
2020 $1,154 $40,230 $4,780 $35,450
2019 $3,041 $26,360 $4,460 $21,900
2018 $650 $24,690 $4,460 $20,230
2017 $650 $24,690 $4,460 $20,230
2016 $419 $15,940 $1,910 $14,030
2015 $408 $15,940 $1,910 $14,030
2014 $408 $15,940 $1,910 $14,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20455673

North Texas Real Estate Information Systems (NTREIS)

APN: 20063