$89,900
SOLD MAY 10, 2023
Last list price

505 NW 1st St Mineral Wells, TX 76067

2 Beds
1 Bath
938 Sq Ft
6,360 Sq Ft Lot

Recently Sold

$96 Per Sq Ft

278 Days on Market

Highlights

  • Wood Flooring
  • 1-Story Property
  • High Speed Internet
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • 1-minute walk to Zappe Park

About This Home

As of April 2024

INVESTORS SPECIAL SO MUCH POTENTIAL. LARGE FENCED BACK YARD AND WALKING DISTANCE TO THE BAKER would be great for a VRBO.
HOME IS SOLD AS IS NO REPAIRS. Central Air and Heat and Electric Hot Water Heater. Gutters. Covered Front Porch. The home has been completed gutted and is ready for someone to renovate and make their dream home. Living Room, Two Bedrooms, Bathroom, Kitchen and Large Storage Room easily to be converted to separate utility room. Wood Floors. Home has designated interior walls. Bathroom and Kitchen has been completely stripped of cabinets, sinks and bathtub. Fenced Backyard. THE HARD WORK IS DONE and it is ready to be put back together. FOUNDATION WORK HAS BEEN
COMPLETED. LOCATION LOCATION LOCATION

Last Agent to Sell the Property

Margaret Terry

SOURCE 1 REAL ESTATE - Mineral Wells License #0569583 Listed on: 07/10/2022

Last Buyer's Agent

Julian Williams

Compass RE Texas, LLC License #0562878

Compass RE Texas, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,905

Year Built

  • Built in 1900

Lot Details

  • 6,360 Sq Ft Lot

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 938 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Wood
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Washer Hookup

Schools

  • Lamar Elementary School
  • Mineralwel Middle School
  • Mineralwel High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Lynch Subdivision

Listing and Financial Details

  • Legal Lot and Block 75 / 11
  • Assessor Parcel Number 20063
  • $1,229 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,905

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Structural Style: Single Detached
  • Unit Levels: One
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Horse Permitted Y N: No
  • Attribution Contact: 940-325-9144
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Square Footage: 938.00
  • Interior Amenities: Eat-in Kitchen, High Speed Internet Available
  • Flooring: Vinyl, Wood
  • Appliances: Electric Water Heater, None
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 5

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Other
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Siding

Garage/Parking

  • Cooling System: Central Air
  • Parking Features: Other
  • GarageYN: No

Utilities

  • Heating: Central
  • LaundryFeatures: In Kitchen, Washer Hookup
  • Utilities: Asphalt, Cable Available, City Sewer, City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Mineral Wells ISD
  • Elementary School: Lamar
  • Middle School: Mineralwel
  • High School: Mineralwel
  • School District: Mineral Wells ISD

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.1460
  • Parcel Number: 20063
  • Lot Size Acres: 0.1460
  • Lot Size Sq Ft: 6359.7600

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1900

Tax Info

  • Unexempt Taxes: 1229
  • TaxBlock: 11
  • Tax Lot: 75

MLS Schools

  • Middle School Name: Mineralwel
  • Elementary School Name: Lamar
  • High School Name: 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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed -- None Listed On Document
Warranty Deed -- Pratt & Garrett Pc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $176,739 FHA
Previous Owner $101,500 Construction
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: 20109913

North Texas Real Estate Information Systems (NTREIS)

APN: 20063