401 W HUBBARD STREET, MINERAL WELLS, TX 76067
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401 W Hubbard Street
Mineral Wells, TX 76067
List Price$485,000
Listing #20952930
About This Property
Investment Opportunity in Downtown Mineral Wells. This fully leased, income-producing building features 6 individual units, making it an ideal opportunity for investors seeking reliable cash flow. Currently home to a diverse mix of tenants including a beauty salon, insurance agency, law firm, and healthcare company, the property offers a multitude of potential uses--perfect for office, retail, or professional services. Located in the heart of downtown Mineral Wells, the building enjoys excellent visibility and accessibility, just steps from the fire department, police station, and downtown shopping and dining. Tenants and customers alike will appreciate the 12 dedicated parking spaces, a valuable amenity in the downtown area. Annual Average Daily Traffic Count for this area is 7,270 with a 4% annual growth. Information provided from TXDOT. Unit 401 has 6 offices, a kitchen, 3 bathrooms, a conference room and 2 storage rooms.
Property Features
Location Information
County
Palo Pinto
Subdivision
Lynch
Interior Features
Has Fireplace
No
Tenant Pays
Electricity
Heating
Central, Electric
Total Number of Units
6
Cooling
Central Air, Electric
Accessibility
Accessible Approach with Ramp
Floors
Carpet
Exterior Features
Construction
Brick, Frame
Lot Size in Sq. Ft.
14,984
Foundation
Slab
Possible Best Use
Office, Other
Roof
Other
Zoning
Commercial
Water / Sewer
Cable Available, Electricity Connected, Sewer Available, Water Available
Building Total Area (Sq. Ft.)
5,738
Utilities
Cable Available, Electricity Connected, Sewer Available, Water Available
Road Description
Highway
Parking Description
Concrete, Off Street, Parking Lot, Unassigned
Is One Story
No
Lot Size in Acres
0.344
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
10865.0
Property SubType
Office
Community Features
Curbs
Year Built
1965
Lot Acres Source
Assessor
Similar Listings
Mortgage Calculator
$2,264
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,747
Monthly Tax
$404
Monthly Insurance
$113
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Carolyn Shipp, SOURCE 1 REAL ESTATE - Mineral Wells
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NTREIS - North Texas data last updated at September 15, 2025, 3:19 AM CT
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