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$179,900

315 Martin Luther King Jr Street, Mineral Wells, TX 76067

2 bd 1 ba 1,942 sq ft House · Built 1960

Price / sq ft$93
Lot0.17 acres
Built1960
Garage1-car
Stories1
HeatingFireplaces, Natural Gas, Space Heater
CoolingCeiling Fans, Window Units
SchoolsMineral Wells ISD
ElementaryLamar
SubdivisionFrench
MLS #21397591
Est. $1,342/mo · 7.18% · 20% down What rate do you qualify for? Find out Own a home near Mineral Wells?Free estimate from nearby sales, in 30 seconds. Estimate

About this home

2 Properties for the price of 1 with Incredible Potential! Located in Mineral Wells, these properties are positioned in a community experiencing renewed interest and investment, highlighted by the ongoing renovation and restoration of the historic Baker Hotel. The revitalization of Downtown and the Baker Hotel is bringing new attention and activity to downtown Mineral Wells, adding to the town's appeal for residents, visitors, and investors. This property offers a great opportunity for investors, renovators, or buyers looking for a project with character and room to add value. The home features real hardwood flooring in most rooms, two huge living areas, a spacious dining room and kitchen, and a cozy wood-burning fireplace. One of the oversized living areas could potentially be enclosed to create a large primary bedroom or additional private living space, giving the next owner flexibility to rework the floor plan. The property does need significant work, including foundation repairs, roof replacement, and interior updating, and is being sold AS IS. Adding even more value is a newly built oversized detached one-car garage with plenty of room for a vehicle, workshop, or additional storage. The property also includes a large 13' x 35' detached shed building with porch and an additional lot located behind the main house. With the appropriate improvements, connection to city utilities, the detached building may offer potential for additional living space, a separate tiny-home-style dwelling, rental use, storage or other future possibilities. It could also be sold to create additional income or yard space. With a spacious layout, original hardwood floors, fireplace, oversized garage, additional building, and addtional lot, this property offers multiple possibilities. Buyer to verify all information, zoning, building requirements, utility availability, and potential uses with the appropriate city and county authorities. Property is being sold AS IS.

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Features

  • Inside: Chandelier, Decorative Designer Lighting Fixtures, High Speed Internet
  • Outside: Storage
  • Appliances: Electric Range
  • Parking: Driveway, Garage Faces Front, Off Street, On Street
  • Laundry: Washer Hookup, Dryer Hookup, Electric Dryer Hookup, In Kitchen

Where it is

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Listing information comes from the North Texas Real Estate Information Systems (NTREIS) IDX program and is deemed reliable but not guaranteed. Price and status can change; the listing agent has the latest.