TBD Travis Dr, Mineral Wells, TX 76067

$500,000

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List Price
$500,000
Price Change
▲ $50,000 1752544427
MLS#
20759831
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Construction Status
Unknown
Acres
5.58
County
Palo Pinto
City
Mineral Wells
Subdivision
DILLINDER

Property Description

TIRZ funding and potential City incentives available — contact the listing agent for details. Prime development opportunity on approximately 5.582 acres ideally located just 1.3 miles west of Historic Downtown Mineral Wells, near US Hwy 180 and the corridor leading to Possum Kingdom Lake. This property sits in close proximity to the Mineral Wells Medical District, placing it within one of the city’s highest-growth areas — a key part of Mineral Wells’ emergence as the “Wellness Capital of Texas.” This rapidly developing corridor is conveniently located near the City Park, Aquatic Center, sports and recreation facilities, and downtown amenities, offering excellent accessibility, visibility, and consumer traffic. The site features approximately 330 feet of frontage along Travis Drive and is zoned Commercial, making it suitable for a wide range of development possibilities. The surrounding area continues to gain momentum, with a new Allsup’s and new health facility next door, along with ongoing revitalization driven by the renovation of the iconic Baker Hotel and Crazy Water Hotel. Mineral Wells is thriving — now is the time to join the growth and investment activity taking place in this dynamic market. This property may also be purchased in combination with the adjacent 53-acre residential development or the additional 8.402 acres offering 1,000 feet of US Hwy 180 frontage, providing expanded scale and development flexibility. All information is deemed reliable but not guaranteed. Buyers and agents are encouraged to verify all information independently.

Additional Information

Lot Size
243,151
Acres
5.58
Flooring
Other
Roof
Other
Parking Garage
Other
Possession
CloseOfEscrow
Proposed Use
Other
Inclusions
Land Only

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Calculator source: Real Geeks

Listing courtesy of Jenna Sims from Cornerstone Home and Ranch. Contact: 940-325-9555