507 GARRETT MORRIS PARKWAY, MINERAL WELLS, TX 76067
Homes for sale in Mineral Wells.
Homes for sale in 76067.
List Price$525,000
507 Garrett Morris Parkway
Mineral Wells, TX 76067
Listing #20805193
10
Acres
Lots / Land
Type
About This Property
Prime 10-Acre Vacant Land for Sale near Downtown Mineral Wells, TX Approximately half a mile from Hwy 180. Embrace a golden opportunity to own a sprawling 10-acre parcel of vacant land located in close proximity to the thriving downtown area of Mineral Wells, Texas. With the ongoing revitalization efforts in the heart of the city and its surrounding attractions, this property promises an exciting investment for both developers and nature enthusiasts. **Investment Opportunity:** With Mineral Wells' ongoing transformation and the allure of Lake Mineral Wells State Park nearby, this 10-acre vacant land parcel presents a unique investment opportunity. Whether you're looking to develop a residential community, commercial venture, or simply secure a piece of Texas beauty, this property is a blank canvas awaiting your creative touch. This land is adjacent to property that will contain Mineral Wells' first master-planned development in the city's history, The Wells. This is a 486 lot housing project on 113 acres, and is located on Mineral Wells' southeast corner on the east side of Garrett Morris Parkway. Ceremonial groundbreaking for this property took place in the fall of 2022. This development will include a T-ball field, a fishing area, and several picnic areas. Downtown Mineral Wells is currently undergoing a revitalization effort which includes renovation of the Crazy Water Hotel which has already re-opened and the future grand opening of the Baker Hotel and Spa. This property is also located 4 miles from Lake Mineral Wells State Park which has areas for camping, fishing, rock climbing, and hiking.
Property Features
Location Information
County
Palo Pinto
Subdivision
NA
Interior Features
Has Fireplace
No
Exterior Features
Lot Description
Acreage, Many Trees
Zoning
TBD
Lot Size in Acres
10
Road Description
County Road, Asphalt
Lot Size in Sq. Ft.
435,600
Is One Story
No
Current Use
Unimproved
Lot Description
Acreage, Many Trees
Possible Best Use
Commercial, Development, Ho
School
Elementary School District
Mineral Wells ISD
Jr. High School
Mineralwel
Elementary School
Lamar
High School
Mineralwel
Additional Information
Property Type
LL
Tax Annual Amount
3705.0
Property SubType
Unimproved Land
Documents Available
Topographical Survey, Survey
Status
Active
Lot Acres Source
Public Records
Has a Home Owners Association
No
Similar Listings
Mortgage Calculator
$2,450
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,891
Monthly Tax
$437
Monthly Insurance
$122
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
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