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803 15th St - S.W. Mountain

124 Acres of Commercial Land Offered at £5,091,450 in Mineral Wells, TX 76067

Investment Highlights

  • Sprawling views 120' above downtown Mineral Wells
  • Versatile potential for various investment opportunities
  • 50 miles west of Fort Worth
  • Plateau of 40+ acres for development
  • 20 miles west of Weatherford

Property Facts

Price £5,091,450
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Hospitality
  • Community Centre
  • Distribution
  • Health Club
  • Hotel
  • Master Planned Community
  • Single Family Development
  • Specialty, Festival or Entertainment
  • Single Family Residence
Total Lot Size 124.00 AC

1 Lot Available

Lot

Price £5,091,450
Price Per AC £41,060
Lot Size 124.00 AC

This multi-parcel sale of 124 +/- acres boasts access to some of the finest mineral water in the region; prized for its purity and therapeutic properties and includes valuable water rights with two wells, offering long-term operational security.

Description

This property presents an exceptional opportunity for development or investment in one of Texas' most charming areas. The 124 +/- acre site includes a vast plateau of 40 +/- acres which provides stunning views and ample space for a variety of potential uses from residential development to commercial ventures or recreational facilities. The land features a mix of open fields and wooded areas offering diverse possibilities for development while preserving the natural beauty of the landscape. Premium Mineral Water Source: The land boasts access to some of the finest mineral water in the region, prized for its purity and therapeutic properties. Water Rights: Alongside 2 previous wells, the opportunity includes valuable water rights, securing a sustainable supply for commercial use. This asset is particularly advantageous in a region where water scarcity can be a concern, offering long-term security and operational opportunity. Potential uses: This natural asset provides a strong foundation for various business ventures, including bottling operations, wellness resorts, health spas, and/or residential development (SFR development concept plan available upon request).

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 8621
  • 20613
  • 18844
  • 15659
Land Assessment
£329,816
Improvements Assessment
£752
Total Assessment
£469,604
  • Listing ID: 32159065

  • Date on Market: 17/06/2024

  • Last Updated:

  • Address: 803 15th St, Mineral Wells, TX 76067

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