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Mineral Wells, TX Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Mineral Wells, Texas Market population: 17K. Explore income-producing properties with verified cap rates and...

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12 properties found
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⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Avg Property Tax Rate For Mineral Wells TX Properties: 1.8000%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Mineral Wells TX

Common questions from investors exploring commercial real estate in Mineral Wells TX.

What's the overall investment outlook for Mineral Wells, TX, considering its demographics and economy? +
The city's median household income of $35,758, combined with a poverty rate of 21.7% and a health insurance coverage of 77.0%, suggests a working-class market with some employment stability, which could be attractive for investors looking for affordable housing opportunities. The top industries, including Educational Services and Health Care, also indicate a diverse economy. Additionally, the foreign-born rate of 14.1% and top ethnicities like White and Hispanic suggest a culturally diverse population, which can contribute to a vibrant rental market.
How does the commute time and transportation infrastructure impact the quality of life for residents and potential tenants in Mineral Wells, TX? +
The average commute time of 18.1 minutes, which is relatively short, and the top commute methods of driving alone, carpooling, and working from home, indicate a convenient and flexible transportation infrastructure, enhancing the quality of life for residents. This, coupled with a health insurance coverage rate of 77.0%, suggests a stable and healthy community, making it an attractive location for investors looking to rent out properties. The diversity in commute methods also reflects the city's adaptability to different lifestyles and work arrangements.
What are the implications of the city's income inequality and poverty rate for real estate investors? +
The GINI coefficient of 0.51, indicating a moderate level of income inequality, and a poverty rate of 21.7%, suggest that investors should be cautious about the potential for tenant instability. However, the median household income of $35,758 and the presence of top industries like Educational Services and Health Care could provide a buffer against extreme economic fluctuations, making it essential for investors to carefully assess the local market and tenant pool. The relatively high foreign-born rate of 14.1% also implies a potential for a diverse and resilient community.
How does the ethnic diversity and industry mix in Mineral Wells, TX, influence the demand for housing and rental properties? +
The city's ethnic diversity, with top ethnicities including White, White Non-Hispanic, and Hispanic, contributes to a vibrant cultural scene, which can attract a wide range of residents and tenants. The mix of industries, including Educational Services, Health Care, and Information, indicates a diverse economy that can support a stable demand for housing. This diversity, combined with a relatively short average commute time of 18.1 minutes, makes Mineral Wells an attractive location for investors looking to capitalize on a dynamic and growing community.
What role do property values, taxes, and homeownership rates play in determining the attractiveness of Mineral Wells, TX, for real estate investment? +
The median property value of $74,800 and median property taxes of $3,113 suggest an affordable housing market, which can be appealing to investors looking for relatively low-cost investment opportunities. The homeownership rate of 57.2% indicates a balanced market with opportunities for both rental and owner-occupied properties. Considering the city's health insurance coverage rate of 77.0% and the average commute time of 18.1 minutes, investors can expect a relatively stable tenant base, making Mineral Wells a viable option for those seeking to invest in a growing and diverse community.

Mineral Wells TX Real Estate & City Facts

Key facts and real estate information about Mineral Wells TX.

What are some of the best neighborhoods to live in Mineral Wells? +
Some of the best neighborhoods to live in Mineral Wells include the southeast parts of the city, and areas like Hogg Mountain Rd, which is known for being peaceful and having a high friendliness rating. Other neighborhoods like Gordon, TX, are also popular for their safety, walkability, and affordability.
What are some fun things to do in Mineral Wells? +
There are plenty of fun things to do in Mineral Wells, including visiting Lake Mineral Wells State Park, hiking scenic trails, kayaking the Brazos River, and exploring the downtown shops. You can also check out attractions like the Baker Hotel, Clark Gardens Botanical Park, and the Famous Mineral Water Company. For some live music and good BBQ, head over to Smokin 3 C's, a food truck turned permanent location.
What is the food scene like in Mineral Wells? +
The food scene in Mineral Wells is a mix of traditional Texas cuisine and international flavors. You can find great BBQ at Smokin 3 C's, and authentic Mexican cuisine at Taqueria La Estrella. For a more sophisticated dining experience, head over to Coffee and Cocktails 76067, a gastropub that offers salads and other delicious dishes. There are also plenty of great food trucks and restaurants in the area, like Woody's Bar & Grill, which serves up tasty pub fare.
What are the pros and cons of living in Mineral Wells? +
The pros of living in Mineral Wells include its natural beauty, with plenty of opportunities for outdoor recreation, and a growing food and drink scene. However, some areas of the city can be a bit rough around the edges, and the job market may be limited in certain industries. Additionally, the city's poverty rate is higher than average, which can be a challenge for some residents. Overall, Mineral Wells is a great choice for those who value a small-town feel and a strong sense of community.
Is Mineral Wells a good place to live? +
Mineral Wells can be a great place to live for those who value a small-town feel, outdoor recreation, and a growing food and drink scene. While it may have its challenges, the city has a lot to offer, from its natural beauty to its friendly community. With a little research and planning, you can find a great neighborhood to live in and take advantage of all that Mineral Wells has to offer. Just be sure to weigh the pros and cons and consider factors like job opportunities, education, and healthcare before making a decision.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Average Income For Mineral Wells TX Commercial Property: $35,758

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
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Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a prime multifamily investment opportunity at 101 Gregory St in Central City, Colorado. This 18-unit mid-rise a...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate

$5,800,000
Central City Multifamily

Discover a compelling investment in Central City, Colorado, with this newly constructed 18-unit multifamily property at...

Cap Rate 5.70%
NOI $330,380
Size 13,454 SF
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Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF
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Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000
Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %
NOI $0
Size 30,000 SF
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Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset

$1,375,000
Philadelphia Multifamily

Discover a prime investment opportunity at 1531 Green St in Philadelphia, PA, a dynamic multifamily property offering co...

Cap Rate %
NOI $0
Size 6,624 SF
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