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540 Old River Rd, Mineral Wells, TX, 76067

$2,299,000

Home List Price

$10,000*

Closing Credit

0 Baths
936 SqFt
$2,456/SqFt
House

Location

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540 Old River Rd, Mineral Wells$2,299,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOther
Year Built1950
WaterfrontRiver Front, Waterfront
MLS #20807094
Lot Size46.02 Acres
StatusActive

About 540 Old River Rd

Brazos River front property with lots of great features and potential uses! Survey available. Structures exist, but do not add value. Water and electric service go to the structures.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached
  • Year Built: 1950
  • Living Area: 936 SqFt

Listing Office:

  • Office Name: David H Martin
  • Office Phone: (940) 328-9690
  • Listing Agent: David Martin

Interior Features

Interior Information:

  • Basement: No
  • Interior: Other

Exterior Features

Exterior Information:

  • Waterfront: River Front, Waterfront

Parking Information:

  • Parking: Other

Virtual/3D Tour

  • Virtual Tour: 540 Old River Rd
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Lot Features

Lot Information:

  • Lot: Agricultural, Other, Many Trees, Waterfront
  • Lot Size: 46.02 Acres

Other

Directions Information:

  • Directions: US Hwy 281 between IH 20 and Mineral Wells, Old River Rd intersects a bit north of the Brazos River bridge.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,299,000
  • Price Per SqFt: $2,456/SqFt

Tax Information:

  • Annual Amount: $922
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Mineral Wells, TX.

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Mineral Wells, TX

City

Med. List Price

$234.9K

Med. Price/SqFt

$152

Avg. Days On Market

129

# of Sold Homes

8

540 Old River Rd vs Mineral Wells

2 DAYS ON ROCKET

-127 Days

$2,299,000

+$2.0M More

$2,456/SqFt

+$2.3K More

KEY TAKEAWAY

This property is $2.0M more than the Median List Price and $2.3K/SqFt more than other homes in Mineral Wells, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20807094

Listing Office:

  • Office Name: David H Martin
  • Office Phone: (940) 328-9690
  • Listing Agent: David Martin

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 1/4/2025, 11:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$922$50,320
2019$647$34,190
2018$667$34,190
2017$699$34,190

History based on county public records data.

Payment Calculator

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,959

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-458744
7
/10

  • Santo Elementary School

  • 406 FM Rd 2201

  • 7.09 miles

  • Public District Grades PK-5

school-card-donut-458745
4
/10

  • Millsap Elementary School

  • 101 Wilson Bend Rd

  • 8.89 miles

  • Public District Grades PK-5

school-card-donut-458746
5
/10

  • Mineral Wells Elementary School

  • 1001 SE Martin Luther King Jr St

  • 9.75 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,596. Residents of Mineral Wells, TX typically earn between $35k-100k each year. Residents typically live in married, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 540 Old River Rd

What is the listing price of this property?

The listing price of 540 Old River Rd property is $2,299,000.

What type of property is this?

The property 540 Old River Rd is a house located in Mineral Wells, Texas, 76067.

Is this property for sale now?

Active Listing: 540 Old River Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $922 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 540 Old River Rd is 936 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 540 Old River Rd is 1950.

Rocket Homes›Texas›Palo Pinto County›Mineral Wells›76067›540 Old River Rd

This home is located at 540 Old River Rd in Mineral Wells, TX and zip code 76067. This 936 square foot home, which was built in 1950, sits on a 46.02 acre lot. It has been listed on Rocket Homes since January 02, 2025 and is currently priced at $2,299,000.

The number of homes for sale in Mineral Wells, TX decreased by 4.5% between November 2024 and December 2024. In December 2024, listings were on the market for 129 days. During the same period, the median list price in this real estate market was $234,975.

From Rocket Homes Real Estate and based on county public records data.

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