188 Olsen 1st

Mineral Wells, Texas 76067

  • 4 Bed(s)
  • 2 Bath(s)
  • 1,480 Sqft
  • 0.552
    Acre(Lot)
$250,000

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.

  • Property Type

    Residential
  • Subdivision

    Olsons Green Acres
  • County

    Palo Pinto
  • Style

    Single Detached
  • AD ID

    48644526

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Property Details

  • Bedroom Information

    • Total Bedrooms : 4

    Bathroom Information

    • Total Baths: 1.5
    • Full Baths: 1
    • Half Baths: 1

    Interior Features

    • Other

    Appliances

    • Dishwasher

    Utilities

    • Septic

    Cooling Features

    • Electric

    Heating Source

    • Electric

    Fireplace

    • Number of Fireplaces: 0
  • Building Information

    • Built Year: 1979
    • Construction: Brick

    Construction Materials

    • Brick
  • Lot Information

    • Lot Size (Acr): 0.5520
    • Lot Size Units: Acres
    • Lot Size Square Feet: 24045.1200
    • Lot Features: Cul-De-Sac

    Property Information

    • SQ ft (Living Area): 1,480
    • Property Type: Residential
    • Property Sub Type: Single Family Residence
    • Subdivision: Olsons Green Acres
    • City: Mineral Wells
    • State: Texas
    • 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.
    • Property Status: Active
  • Listing Price Information

    • Original List Price: $250,000
    • List Price Tot SqFt: $169

    Listing Information

    • Possession: Closing/Funding
  • Tax Information

    • Parcel Number: 21235
    • Tax Legal Description: ACRES: 0.552 OLSONS GREEN ACRES #4 LOT 16 G#O
    • Tax Lot: 16
    • Unexempt Taxes: $2,040
  • Parking Information

    • Parking Features: Driveway

    Homeowners Association Information

    • HOA Type: None
  • School Information

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

    Utility Information

    • Utilities: Septic
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

BuyOwner last updated this listing 04/07/2025 @ 05:22

  • MLS: 449624670
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: NTREIS - North Texas Real Estate Information

is a Home, with 4 bedrooms which is for sale, it has 1,480 sqft, 1 sized lot, and 0 parking. are nearby neighborhoods.