803 15Th StMineral Wells, TX 76067

Property Details for 803 15Th St

Lot size

124.00 AC

Property type

Land

Description

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.

Location Insight

City

Mineral Wells

County

Palo Pinto

State

Texas

Latitude

32.8053

Longitude

-98.1224

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