462 Halsell Road, Mineral Wells, TX 76067
Local realty services provided by:ERA Courtyard Real Estate
Listed by: keaton vaughn
Office: monument realty
MLS#:21418862
Source:GDAR
Price summary
- Price:$860,000
- Price per sq. ft.:$637.51
About this home
Income-Producing Property with Room to Grow! Explore the income potential of this versatile 17.281-acre property, featuring an ag exemption, two ponds, cross-fencing, a private well, and multiple income-producing assets, including three apartments, an 8,000-square-foot shop, and RV storage with covered and uncovered spaces. The property includes a 3-bedroom, 2-bathroom, 1,302-square-foot manufactured home with an in-ground pool, carport, a 30-by-40-foot insulated shop, and an additional 750-square-foot shop. The manufactured home, pool, and smaller shops are owner-occupied, but estimated rent potential is around $2,500 per month. A separate, approximately 8,000-square-foot insulated and conditioned shop includes two bathrooms and offers potential for commercial use, with estimated potential rent of $3,500 per month. The apartment area includes two 2-bedroom units and one 1-bedroom unit. One 2-bedroom apartment is leased for $1,350 per month, and the 1-bedroom apartment is leased for $1,250 per month. The second 2-bedroom apartment could potentially rent for $1,350 per month. RV storage provides another income stream, with 24 uncovered spaces offered for $50 per month and 18 covered spaces offered for $85 per month. With the manufactured home, large shop, all three apartments, and all RV spaces rented at the stated rates, this property has the potential to generate over $12,000 per month in gross rental income before expenses, vacancy, and other costs! There’s also potential to expand income by converting covered RV spaces into apartments or adding tiny homes, subject to feasibility and applicable approvals. A unique opportunity to combine acreage, existing rental income, and multiple avenues for future growth. Rental figures and income projections are estimates and should be independently verified. There are several different gated entry points that provide individual access to the different sections of the property....
Contact an agent
Home facts
- Year built:2008
- Subdivision & Development:none
- Listing ID #:21418862
- Added:5 day(s) ago
- Updated:October 28, 2026 at 12:56 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:9
- Full bathrooms:7
- Half bathrooms:2
- Flooring:Carpet, Luxury Vinyl Plank
- Kitchen Description:Dishwasher, Electric Cooktop, Electric Oven
- Living area:1,349 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:2008
- Building area:1,349 sq. ft.
- Lot area:17.28 Acres
- Lot Features:Acreage, Agricultural, Cleared, Few Trees, Many Trees
- Construction Materials:Stone
- Foundation Description:Slab
- Levels:2 Story
Schools
- High school:Mineralwel
- Middle school:Mineralwel
- Elementary school:Houston
Utilities
- Water:Well
Finances and disclosures
- Price:$860,000
- Price per sq. ft.:$637.51
- Tax amount:$7,281
Features and amenities
- Appliances:Dishwasher, Electric Cooktop, Electric Oven
Parking
- Total parking spaces:9
- Garage:Yes
- Garage spaces:5
- Carport spaces:7
New listings near 462 Halsell Road
- New
$149,900Active3 beds 1 baths1,351 sq. ft.1300 N Oak Avenue, Mineral Wells, TX 76067
MLS# 21420534Listed by: ELIST REO, LLC - New
$95,000Active0.06 Acres000 SW 12th Street, Mineral Wells, TX 76067
MLS# 21418947Listed by: MARR REALTY - New
$129,700Active4 beds 1 baths2,258 sq. ft.511 SW 3rd Street, Mineral Wells, TX 76067
MLS# 21418414Listed by: HARBCO REALTY - New
$280,000Active3 beds 2 baths1,835 sq. ft.1703 Lamar Street, Mineral Wells, TX 76067
MLS# 21418603Listed by: WILLIAMS TREW REAL ESTATE - New
$49,000Active0.34 Acres609 NW 6th Street, Mineral Wells, TX 76067
MLS# 21416511Listed by: CORNERSTONE HOME AND RANCH, LL - New
$265,000Active3 beds 2 baths1,388 sq. ft.415 SE 5th Avenue Se, Mineral Wells, TX 76067
MLS# 21416225Listed by: MARR REALTY
$189,999Pending3 beds 2 baths1,600 sq. ft.2106 SE 21st St, Mineral Wells, TX 76067
MLS# 21416126Listed by: ELITE REAL ESTATE TEXAS
$219,990Pending3 beds 2 baths1,434 sq. ft.104 Mach Way, Mineral Wells, TX 76067
MLS# 21416196Listed by: CENTURY 21 MIKE BOWMAN, INC.- New
$115,000Active2 beds 1 baths720 sq. ft.1006 SE Martin Luther King Jr Street Se, Mineral Wells, TX 76067
MLS# 21408016Listed by: INDEPENDENT REALTY - New
$164,900Active3 beds 1 baths1,216 sq. ft.1010 SE 20th Street, Mineral Wells, TX 76067
MLS# 21415378Listed by: CORNERSTONE HOME AND RANCH, LL