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.
For sale
$250,000
188 Olsen Rd #1, Mineral Wells, TX 76067
4beds
1,480sqft
Est.:
Single Family Residence
Built in 1979
0.55 Acres Lot
$241,000 Zestimate®
$169/sqft
$-- HOA
What's special
- 68 days
- on Zillow |
- 169 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: February 24, 2025 at 06:27am
Listed by:
Jonathan Underwood 0791002 888-519-7431,
eXp Realty, LLC 888-519-7431
Source: NTREIS,MLS#: 20846314
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Living room
- Level: First
- Dimensions: 0 x 0
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Dishwasher
Features
- Other
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,480 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 0.55 Acres
- Features: Cul-De-Sac
Details
- Parcel number: 21235
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Detached
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Brick
Condition
- Year built: 1979
Utilities & green energy
- Sewer: Septic Tank
- Utilities for property: Septic Available
Community & HOA
Community
- Subdivision: Olsons Green Acres
HOA
- Has HOA: No
Location
- Region: Mineral Wells
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $170,050
- Annual tax amount: $2,040
- Date on market: 2/17/2025
- Exclusions: Tenants belongings
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