188 Olsen 1st
Mineral Wells, TX 76067
- 4 beds
- 2 baths
- 1,480 sqft
- ~1/2 acre lot
- $168 per sqft
- 1979 build
- – on site
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.
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Feb 19, 2025
•
MLS# 20846314 —
The Building
-
Year Built:1979
-
Structural Style:Single Detached
-
Accessibility Features:No
-
Basement:No
-
Levels:One
-
Construction Materials:Brick
Interior
-
Interior Features:Other
-
# of Dining Areas:1
-
# of Living Areas:1
Room Dimensions
-
Living Area:1480.00
Location
-
Directions:From Downtown Mineral Wells, head south on Highway 281 for 1.3 miles. Turn left onto MH 379 and travel East for .5 miles. Turn right onto Millsap Hwy. Travel for 2.7 miles, then turn left onto Olsen 1st. Make a left at the T 188 Olsen will be on the left at the end of the cul-de-sac.
-
Latitude:32.76086300
-
Longitude:-98.07103000
The Property
-
Property Type:Residential
-
Property Subtype:Single Family Residence
-
Property Attached:Yes
-
Parcel Number:21235
-
Lot Features:Cul-De-Sac
-
Lot Size:.5 to < 1 Acre
-
Lot Size SqFt:24045.1200
-
Lot Size Acres:0.5520
-
Lot Size Area:0.5520
-
Lot Size Units:Acres
-
Restrictions:No Known Restriction(s), Unknown Encumbrance(s)
-
Exclusions:Tenants belongings
-
Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
-
Tax Lot:16
-
Tax Legal Description:ACRES: 0.552 OLSONS GREEN ACRES #4 LOT 16 G#O
Beds
-
Bedrooms Total:4
Baths
-
Total Baths:1.10
-
Total Baths:2
-
Full Baths:1
-
Half Baths:1
The Listing
-
Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20846314
Heating & Cooling
-
Heating:Electric
-
Cooling:Electric
Utilities
-
Utilities:Septic
Appliances
-
Appliances:Dishwasher
Schools
-
School District:Mineral Wells ISD
-
Elementary School:Houston
-
Elementary School Name:Houston
-
Middle School Name:Mineralwel
-
High School Name:Mineralwel
The Community
-
Subdivision Name:Olsons Green Acres
-
Pool:No
-
Association Type:None
Parking
-
Garage:No
-
Parking Features:Driveway
Monthly cost estimate

Asking price
$250,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,338
|
Taxes | N/A |
Insurance | $68 |
Utilities | $161 See report |
Total | $1,567/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/16/25
Feb 16, 2025
|
Listed / Active | NTREIS | $250,000 |