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Mineral Wells 76067
500 Circle Road
$214,900
● House - Off Market

500 Circle Road

Mineral Wells, TX 76067
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,298 Ft²
$1,056
Est. Monthly

About This Property

Welcome to this beautifully renovated three bedroom, two bathroom home, nestled on a spacious lot in a quiet cul-de-sac. Recently updated with some of the highest quality workmanship, this home features a stunning kitchen with beautiful cabinetry, sleek granite countertops, a marble tile backsplash and new appliances creating an elegant and functional space. Both full bathrooms are also adorned with granite countertops, adding a touch of luxury throughout the home. Located just minutes from shopping, dining, and all that Mineral Wells has to offer, this property is the perfect blend of comfort, style, and convenience. Don't miss the opportunity to make this stunning home yours!
Unit Size
1,298 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$166
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1963

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Cap Rate Calculator

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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: 2 years ago (NTREIS #20872071)

Price History

Date / Event Date Event Price
Aug 26, 2025 Sold
Premium
Sold
Aug 3, 2025 In contract -
In contract
Jul 26, 2025 Price Decreased $214,900
↓ $10K (4.5%)
Price Decreased
Jun 26, 2025 Relisted $224,900
Relisted
Jun 22, 2025 In contract -
In contract
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,892
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,298
  • Gross Building Area: 1,298
  • Building Area: 1,298
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,298
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRAZOS VILLA
  • Land Acres: 0000000273
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: BRAZOS VILLA BLK 5 LOT 18 G#B1000-00-00050-018-00-0

Neighborhood

  • School District Name: Mineral Wells Independent School District
  • School Tax School District: MWI MWC PPW
  • Census Tract: 000600

Geography

  • Account Number: R000011749
  • Parcel: 096180000
  • Block: 5
  • Lot: 18
  • Municipality: MINERAL WELLS
  • Latitude: 32.813
  • Longitude: -98.0899

    Address

  • Full Address: 500 Circle Rd
  • Address - House Number: 500
  • Address - Street Name: Circle
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Mineral Wells
  • Carrier Code: C004
  • 4-Digit Zip Code: 4182
  • Zip Code: 76067

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $327,821
  • Tax Rate Code Area: CAD 182 MW

    Appraisal Valuation

  • Standard Deviation: 0.4536
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 9
  • Final Value: 141,330
  • High Value: 205,440
  • Low Value: 77,219

    Market Valuation

  • Market Total Value: $144,310
  • Market Land Value: $17,820
  • Market Improvement Value: $126,490

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $144,310
  • Assessed Land Value: $17,820
  • Assessed Improvements Value: $126,490

    Sales

  • Current Sale Contract Date: May 25, 2023
  • Current Sale Recording Date: May 25, 2023
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2846
  • Previous Sale Recording Date: May 25, 2023
  • Previous Sale Contract Date: May 15, 2023
  • Previous Sale Document Type: 71
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 Mineral Wells

Stats & Trends

Median Asking:

$222,990

Sale Price/ft²

$147

Below Asking

0.03%

Average Days on Market

72

Average Home Size

1867 ft²

Average Home Age

-

Currently For Sale

85 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

Unit for rent at 2802 S Murco Drive, Mineral Wells, TX, 76067

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,794 ft²
2802 S Murco Drive, Mineral Wells, TX, 76067 Listing by Matthew Salsberry
Unit for rent at 1205 Se 14th Street, Mineral Wells, TX, 76067

$1,695 /mo

  • 3 Beds
  • 2 Baths
  • 1,406 ft²
1205 Se 14th Street, Mineral Wells, TX, 76067 Listing by Danny Gentry

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Jenna Sims, Cornerstone Home and Ranch
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20872071
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 500 Circle Road built and last sold?
The property at 500 Circle Road was built in 1963 and last sold on May 25, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 500 Circle Road is $0.
What are some comparable homes to 500 Circle Road?
There are currently no comparable homes to 500 Circle Road.
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