Mineral Wells, TX 76067 188 Olsen 1st
$250,000



13 more














Presented By: Jonathan Underwood with eXp Realty, LLC; 888-519-7431
Home Details
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.
Presented By: Jonathan Underwood with eXp Realty, LLC; 888-519-7431
Interior Features for 188 Olsen 1st
Bedrooms
Total Bedrooms4
Bathrooms
Half Baths1
Total Baths2
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesOther
Total Fireplaces
Other Rooms
Room Count2
General for 188 Olsen 1st
Additional Parcels Y/NNo
AppliancesDishwasher
Architectural StyleDetached
Attached Garage No
AttributionContact888-519-7431
Carport Spaces0.0
Carport Y/NNo
CityMineral Wells
Construction MaterialsBrick
CoolingElectric
CountyPalo Pinto
DirectionsFrom 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 1s
Electric On Property Y/NNo
Elementary SchoolHouston
Elementary School DistrictMineral Wells ISD
ExclusionsTenants belongings
Full Baths1
Garage Y/NNo
HOANo
HeatingElectric
High SchoolMineralwel
High School DistrictMineral Wells ISD
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionACRES: 0.552 OLSONS GREEN ACRES #4 LOT 16 G#O
LevelsOne
Lot Size Square Feet24045.12
Lot Size UnitsAcres
Middle/Junior High SchoolMineralwel
Middle/Junior School DistrictMineral Wells ISD
MobileHomeRemainsYNNo
ModificationTimestamp2025-02-24T14:27:52.537-00:00
New ConstructionNo
Occupancy TypeTenant
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property Sub Type AdditionalSingleFamilyResidence
Property SubtypeSingleFamilyResidence
Property TypeResidential
Rent Control Y/NNo
Senior Community Y/NNo
SewerSepticTank
Standard StatusActive
StatusActive
Stories1
Structure TypeHouse
Subdivision NameOlsons Green Acres
Tax Annual Amount2040.0
Tax Lot16
UtilitiesSepticAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1979
Exterior for 188 Olsen 1st
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCulDeSac
Lot Size Acres0.552
Lot Size Area0.552
Open Parking Y/NNo
Parking FeaturesDriveway
SpaNo
Additional Details
Price History
Schools
Elementary School
Houston Elementary School
Middle School
Mineralwel Middle School
High School
Mineralwel High School

Mec Cheney
Realtor