For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Palo Pinto 76067
365 Ayers Road
$320,000
● House - Off Market

365 Ayers Road

Mineral Wells, TX 76067
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,792 Ft²
$329,454
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

ARENA WITHIN WALKING DISTANCE! Beautiful home on 5 acres, fenced and cross fenced, complete with improved Coastal Bermuda, stock tank, 1500 sqft insulated shop and more!  This property is located just 6 miles south of the growing Mineral Wells & 8 miles north of I-20 which makes an easy commute to and from DFW! Fertilized yearly for many years, this pasture easily maintains livestock and the stock tank makes raising them a breeze. The three bedroom, two bathroom home features an open concept, log cabin look complete with metal roof and great porches for enjoying the peace and quiet of country living.
Unit Size
1,792 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$181
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1981

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #14760530)

Price History

Date / Event Date Event Price
Apr 14, 2022 Sold
Premium
Sold
Feb 15, 2022 Listed by PREMIER PROPERTIES $325,000
Listed by PREMIER PROPERTIES

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 252
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,680
  • Gross Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,792
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TURNER
  • Land Acres: 0000005000
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: TURNER BLK 1 LOT 12 (L#TXS0617866/67) G#T0700-00-00010-012-00-0 MPHMAKE: WICK BUILDING SYSTEMS MPHMODEL: BARRINGTON MPHSERIAL

Neighborhood

  • School District Name: Mineral Wells Independent School District
  • School Tax School District: MWI HPD ESD1
  • Census Tract: 000402

Geography

  • Account Number: R000027244
  • Parcel: 225880000
  • Block: 1
  • Lot: 12
  • Municipality: MINERAL WELLS
  • Latitude: 32.7251
  • Longitude: -98.1082

    Address

  • Full Address: 365 Ayers Rd
  • Address - House Number: 365
  • Address - Street Name: Ayers
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Mineral Wells
  • Carrier Code: R002
  • 4-Digit Zip Code: 1117
  • Zip Code: 76067

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $429,283
  • Tax Rate Code Area: CAD 182 MW

    Appraisal Valuation

  • Standard Deviation: 0.4536
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 218,982
  • High Value: 318,317
  • Low Value: 119,646

    Market Valuation

  • Market Total Value: $255,870
  • Market Land Value: $122,500
  • Market Improvement Value: $133,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $255,870
  • Assessed Land Value: $122,500
  • Assessed Improvements Value: $133,370

    Sales

  • Current Sale Contract Date: Apr 14, 2022
  • Current Sale Recording Date: Apr 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2824
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Palo Pinto

Stats & Trends

Median Asking:

$392,500

Sale Price/ft²

$214

Below Asking

0.03%

Average Days on Market

87

Average Home Size

2296 ft²

Average Home Age

-

Currently For Sale

287 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Jenna Sims, PREMIER PROPERTIES
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14760530
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 365 Ayers Road built and last sold?
The property at 365 Ayers Road was built in 1981 and last sold on Apr 14, 2022 for $159,600.
How much is this home worth?
The estimated value of the home located at 365 Ayers Road is $0.
What are some comparable homes to 365 Ayers Road?
There are currently no comparable homes to 365 Ayers Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Mineral Wells Homes for Sale
Mineral Wells Houses for Sale
Mineral Wells Multifamily for Sale
Mineral Wells Land for Sale
Mineral Wells Commercial for Sale
Mineral Wells Homes with Basements
Mineral Wells Homes with Pools
Mineral Wells Homes with Parking
Nearby Cities
Runaway Bay Homes for Sale
Oak Trail Shores Homes for Sale
Tolar Homes for Sale
Horseshoe Bend Homes for Sale
Western Lake Homes for Sale
Lipan Homes for Sale
Graford Homes for Sale
Lake Bridgeport Homes for Sale
Nearby Property Records
Parker County, TX Property Records
Palo Pinto County, TX Property Records
Hood County, TX Property Records
Jack County, TX Property Records
Stephens County, TX Property Records
Erath County, TX Property Records
Somervell County, TX Property Records
Wise County, TX Property Records
Nearby Counties
Weatherford Homes for Sale
Bridgeport Homes for Sale
Weatherford Northwest Homes for Sale
Granbury West Homes for Sale
Graford Homes for Sale
Morgan Mill-Bluff Dale Homes for Sale
Palo Pinto-Santo Homes for Sale
Perrin Homes for Sale
Top Real Estate Agents
Top Agents in Mineral Wells
Top Agents in 76048
Top Agents in Weatherford
Top Agents in Bridgeport
Top Agents in Weatherford Northwest
Top Agents in 76088
Top Agents in Granbury West
Top Agents in 76067