1207 Hubbard StMineral Wells, TX 76067

For Sale
  • Commercial real estate
  • 432 SF

Property Details for 1207 Hubbard St

Lot size
1.31 AC
Property size (Sq ft)
432 SF
Property type
Commercial real estate
APN
139230000
APU
139230000

Description

This exceptional 1.95-acre commercial land parcel in Mineral Wells, Texas, presents a unique investment opportunity. Located on Highway 180, this property boasts unparalleled visibility and accessibility within a high-traffic corridor. The site is ideally situated near major retailers such as Walmart and Starbucks, as well as the Crazy Water Hotel and other local attractions, including Mineral Wells Lake and Possum Kingdom State Park. A significant portion (1.25 acres) is cleared and ready for immediate development. The property benefits from a pre-approved 2020 TxDOT QSR site plan, complete with environmental studies, streamlining the development process. This prime location has already proven its viability, currently hosting busy food trucks, demonstrating high demand. Surrounding businesses include Popeye's, Allsup's, Atwood's, and Wingstop, further solidifying the area's commercial success. The property's zoning is commercial, allowing for a wide range of development possibilities. The seller is open to build-to-suit options and ground leases, providing flexibility for potential buyers. The property's APN is R000568900. This is a rare opportunity to acquire a ready-to-develop site in a thriving Texas community, poised for significant growth with the planned expansion of the Baker Hotel and the existing Crazy Water Hotel. The property is offered for sale by owner.

1207 Hubbard St, Mineral Wells, Texas

Location Insight

City
Mineral Wells
County
Palo Pinto
State
Texas
Latitude
32.81
Longitude
-98.1027
CBSA code
33420
CBSA name
MINERAL WELLS, TX MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,467
$416,740
-
$416,740
-
$416,740
-
$416,740

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