For Sale
$2,300,000

0 Keller RdMineral Wells, TX 76067

Income-producing, 32-acre Texas property.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 8-unit multifamily investment opportunity, situated on a sprawling 32.41-acre lot in Mineral Wells, Texas (76067), presents a compelling proposition for discerning investors. The property, built in 2024, comprises four 1400 sq ft and four 1600 sq ft duplex units, totaling 12,000 net rentable square feet. Each unit boasts a desirable open-concept design, featuring three bedrooms, two bathrooms, a kitchen with granite countertops, and a stove and microwave. Polished concrete flooring runs throughout. Additional amenities include a two-car carport, a small outdoor kitchen, and a fenced area for pets. The property is zoned residential and sits on sandy loam soil. Further enhancing its appeal are four additional pad sites, allowing for future expansion. On-site horse stalls and an arena are available for rent, generating additional income streams. The asking price for this owner-user investment is $2,300,000. This turnkey operation offers immediate income generation and significant potential for growth. The property is currently owned by Nedlaw Rentals, LLC and is being offered for sale by owner.

Highlights

  • 8-unit multifamily property on a 32.41-acre lot in Mineral Wells, TX.
  • New construction (2024), totaling 12,000 net rentable square feet.
  • Eight duplex units (four 1400 sq ft, four 1600 sq ft), each with three bedrooms, two baths, granite countertops, and polished concrete floors.
  • Amenities include carports, outdoor kitchen, fenced pet areas, and on-site horse stalls/arena generating additional income.
  • Four additional pad sites available for future expansion.
  • Asking price: $2,300,000.

Property Details for 0 Keller Rd

Property type
Residential income homes
Year Built
2024
Lot Size (sq. ft)
1,411,780 SF
Units
8

Location Insight

City
Mineral Wells
County
Palo Pinto
State
Texas
Latitude
32.7835433
Longitude
-98.1630608
Keller Rd, Mineral Wells, Texas

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0 Keller Rd
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