UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Na
MLS Listing ID 20805193
HOA Y/N None
Annual Tax Amount $3,705
Lot Size 10.000 Acres
Acres 10.0
Property Sub-Type Unimproved Land
Property Description
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.
Location
State TX
County Palo Pinto
Zoning TBD
Direction From US-180 W, turn left onto Garrett Morris Pkwy. There will be a real estate sign in front of the property.
Exterior
Utilities Available Asphalt
Street Surface Asphalt
Garage No
Building
Lot Description Acreage, Many Trees
Schools
Elementary Schools Lamar
Middle Schools Mineralwel
High Schools Mineralwel
School District Mineral Wells Isd
Others
Restrictions Unknown Encumbrance(s)
Acceptable Financing Cash, Conventional, Federal Land Bank
Listing Terms Cash, Conventional, Federal Land Bank
Special Listing Condition Survey Available
Nearby School & Business
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