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

$185,000
2
BD
1
BA
1,942
SqFt

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List Price
$185,000
MLS#
21397591
Status
ACTIVE
Type
Single Family Residential
Subtype
Residential
Style
Traditional, Detached
Year Built
1960
Construction Status
Preowned
Bedrooms
2
Full Baths
1
Acres
0.17
Living Area
1,942
County
Palo Pinto
City
Mineral Wells
Subdivision
French
Number of Stories
1
Architecture Style
Traditional, Detached

Property Description

Charming 2 or 3 Bedroom Home Plus Extra Lot with Plenty of Potential! Located in Mineral Wells, this property is positioned in a community experiencing renewed interest and investment, highlighted by the ongoing renovation and restoration of the historic Baker Hotel. The revitalization of 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 removed to create additional yard space. With a spacious layout, original hardwood floors, fireplace, oversized garage, additional building, and extra lot, this property offers multiple possibilities for someone willing to put in the work. 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.

Additional Information

Unexempt Taxes
$2,851
Amenities
Fireplace
Lot Size
7,492
Acres
0.17
Lot Description
Back Yard, Cleared, Corner Lot, Lawn, Landscaped
Interior Features
Chandelier, Decorative Designer Lighting Fixtures, High Speed Internet
Flooring
Carpet, Linoleum, Wood
Foundation
Slab
Roof
Composition
Stories
1
Pool Features
None
Fireplaces
1
Fireplace Type
Masonry, Wood Burning
Exterior
Storage
Garage Spaces
1
Parking Garage
Driveway, Garage Faces Front, Off Street, On Street
School District
Mineral Wells Isd
Elementary School
Lamar
Middle School
Mineralwel
High School
Mineralwel
Possession
CloseOfEscrow, Negotiable
Community Features
Curbs

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Calculator source: Real Geeks

Listing courtesy of Rick Lamoureux from Skylite Realty LLC. Contact: (214) 893-1184

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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