For Sale
$6,500,000

803 15Th StMineral Wells, TX 76067

124 Acres, Prime Development Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional 124-acre commercial land parcel in Mineral Wells, Texas, presents a unique investment opportunity. Located at 803 SW 15th St, 76067, in Palo Pinto County, this multi-parcel property boasts diverse zoning allowing for a variety of uses. A significant 40+ acre plateau offers stunning views overlooking downtown Mineral Wells, ideal for residential, commercial, or recreational development. The land features a blend of open fields and wooded areas, preserving natural beauty while providing ample space for construction. A key advantage is access to a premium mineral water source, complemented by two existing water wells and valuable water rights, ensuring a sustainable water supply – a significant asset in this region. Potential uses include bottling operations, wellness resorts, health spas, or single-family residential development (a concept plan is available). The property's strategic location offers easy access to Weatherford (20 miles), Fort Worth (50 miles), and DFW Airport (73 miles). The asking price is $6,500,000. This is a rare chance to acquire a large, versatile tract with significant water rights in a desirable Texas location.

Highlights

  • Panoramic downtown Mineral Wells views from 120' elevation.
  • 40+ acre development plateau.
  • Highly versatile investment potential.
  • 20 miles west of Weatherford, TX.
  • 50 miles west of Fort Worth, TX.
  • 73 miles to DFW International Airport.

Property Details for 803 15Th St

Property type
Land
Lot Size (sq. ft)
5,401,440 SF

Location Insight

City
Mineral Wells
County
Palo Pinto
State
Texas
Latitude
32.805255
Longitude
-98.122436
803 15Th St, Mineral Wells, Texas

FAQs

What type of property is this?
Land - 124 Acres, Prime Development Opportunity
Where is the land located?
The property is located at 803 15Th St Mineral Wells, TX.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Panoramic downtown Mineral Wells views from 120' elevation.; 40+ acre development plateau.; Highly versatile investment potential.
How can I contact the broker?
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803 15Th St
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