Residential For Sale – – 4 Bedrooms – 2 Bathrooms – Price $250,000 – 20846314

Property Description

Welcome to 188 Olsen 1st St, a fantastic investment opportunity in the growing community of Mineral Wells, Texas. This well-maintained property is currently tenant-occupied on a month-to-month lease, generating $1,600 per month in rental income. Whether you are looking to expand your rental portfolio or seeking a property with income potential, this home is an ideal choice.

Situated in a convenient location, this property offers easy access to downtown Mineral Wells, shopping, dining, and local amenities. The home features a comfortable and functional layout, suitable for long-term tenants or future owner-occupancy.

Highlights:

Tenant-occupied with a $1,600 month rental income

Month-to-month lease provides flexibility for investors or potential owner occupancy

Prime location in a desirable area of Mineral Wells

Well-maintained property with consistent rental history

Don’t miss this chance to own a reliable income-producing property in a thriving market. Contact us today to schedule a viewing or learn more about this exceptional opportunity at 188 Olsen 1st St!

All information in this listing is deemed reliable but not guaranteed and should be verified by buyer.

Listing Information

List Agent Mls Id: 0791002
List Office Mls Id: XPTY04
Mls Status: Active
Modification Timestamp: 2025-02-24T14:27:52Z
Originating System Name: NTR
Special Listing Conditions: Standard
Status Change Timestamp: 2025-02-16T22:51:28Z

Basic Details

Property Type: Residential
Listing Type: For Sale
Listing ID: 20846314
Price: $250,000
Bathrooms: 2
Year Built: 1979
Lot Area: 0.55 Acre
Status: Active
Listing Status: Active
Office Name: eXp Realty, LLC
Agent Name: Jonathan Underwood
Full Bathrooms: 1
Property Attached Yn: 1
Property Sub Type: Single Family Residence

Features

Swimming Pool None
Heating System Electric
Cooling System Electric
Parking Driveway
Utilities Septic Available
Architectural Style Detached
Interior Features Other
Sewer Septic Tank

Appliances

Dishwasher

Address Map

Country US
State TX
County Palo Pinto
City Mineral Wells
Subdivision Olsons Green Acres
Zipcode 76067
Street: Olsen 1st
Street Number: 188
Longitude: W99° 55' 44.3''
Latitude: N32° 45' 39.1''
Directions: From Downtown Mineral Wells, head south on Highway 281 for 1.3 miles. Turn left onto MH 379 and travel East for .5 miles. Turn right onto Millsap Hwy. Travel for 2.7 miles, then turn left onto Olsen 1st. Make a left at the T 188 Olsen will be on the left at the end of the cul-de-sac.

Neighborhood

Elementary School: Houston
Elementary School District: Mineral Wells ISD
High School: Mineralwel
High School District: Mineral Wells ISD
Middle School: Mineralwel

Additional Information

Construction Materials: Brick
Levels: One
Lot Features: Cul-De-Sac

Financial

Tax Annual Amount: 2040.0

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