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$245,000
71 Days On Site

188 Olsen First
Mineral Wells, TX 76067

For Sale|Multi Family|Active
4
Beds
2
Total Baths
1
Full Bath
1
Partial Bath
1,480
SqFt
$166
/SqFt
1979
Built
Subdivision:
Olsons Green Acres
County:
Palo Pinto
Call Now: 817-458-8616
Is this the listing for you? We can help make it yours.
817-458-8616
188 Olsen First188 Olsen First188 Olsen First188 Olsen First
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Monthly Payment (Est.)

$1,118
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Welcome to 188 Olsen 1st in Mineral Wells, TX! This recently occupied home is now vacant as of July 2025 and ready for its next chapter—whether you’re looking for a personal residence or an investment opportunity. This charming property has been generating steady rental income of $1,600 per month, with plenty of potential to increase the rent in today’s market. Featuring a spacious layout, solid construction, and a desirable location close to town amenities, this home is a smart choice for investors and homeowners alike. The large yard offers room for outdoor living, while the interior provides a comfortable and functional space ready for updates or customization. Mineral Wells continues to grow in popularity, making this a prime opportunity to secure a well-priced property with income potential. Don’t miss your chance to own 188 Olsen 1st—schedule a showing today!

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Listing Snapshot
Price 
$245,000
Days On Site 
71 Days
Bedrooms 
4
Inside Area (SqFt) 
1,480 sqft
Total Baths 
2
Full Baths 
1
Partial Baths 
1
Lot Size 
0.552 Acres
Year Built 
1979
MLS® Number 
20972821
Status 
Active
Property Tax 
$2,040
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
20 hours agoListing updated with changes from the MLS®
yesterdayPrice changed to $245,000
2 months agoListing first seen on site
General Features
Acres 
0.552
Foundation 
Slab
Parking 
Driveway
Parking Spaces 
2
Property Sub Type 
Multi Family
Sewer 
Septic Tank
Special Circumstances 
Standard
SqFt Total 
1480
Stories 
One
Interior Features
Appliances 
Dishwasher
Cooling 
Electric
Flooring 
TileVinyl
Heating 
Electric
Interior 
Other
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Exterior Features
Construction Details 
Brick
Lot Features 
Cul-De-Sac
Roof 
Metal
Community Features
Financing Terms Available 
1031 ExchangeCashConventionalFHAVA Loan
School District 
Mineral Wells ISD
Schools
School District
Mineral Wells ISD
Elementary School
Houston
Middle School
Mineralwel
High School
Mineralwel
Listing courtesy of Jonathan Underwood of eXp Realty, LLC [email protected]



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-08-28 08:50 AM CDT

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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