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
ResidentialSubdivision
Olsons Green AcresCounty
Palo PintoStyle
Single DetachedAD ID
48644526
Sell a home like this and save $14,501 Find Out How
Property Details
-
Interior Features
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
-
Exterior Features
Building Information
- Built Year: 1979
- Construction: Brick
Construction Materials
- Brick
-
Property / Lot Details
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 Information
Listing Price Information
- Original List Price: $250,000
- List Price Tot SqFt: $169
Listing Information
- Possession: Closing/Funding
-
Taxes / Assessments
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
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Features: Driveway
Homeowners Association Information
- HOA Type: None
-
School, Utilities & Location Details
School Information
- Elementary School: Houston
- Middle School: Mineralwel
- High School: Mineralwel
- School District: Mineral Wells ISD
Utility Information
- Utilities: Septic
Statistics Bottom Ads 2

Sidebar Ads 1

Learn More about this Property
Sidebar Ads 2

Sidebar Ads 2

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.