3 residences, 1.5 Acres, Income-producing | Mineral Wells, Palo Pinto County, Texas | HorseProperties.net
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$399,000

3 residences, 1.5 Acres, Income-producing

Mineral Wells , Palo Pinto County , Texas

1.50
ACRES
3
BEDROOMS
2
BATH
1826
SQ FT
hay barn • fenced • second house

Property description

One of those unique, smaller horse properties with 3 residences (2 that are leased and income producing), a large shop with feed-tack room & 3 horse stalls. Located just minutes south of Mineral Wells and minutes West of Millsap. Be on I-20 headed east or west in about 10 minutes or headed north on 281 in moments. Fort Worth lies about an hours to the East. Property is tucked in at the end of Chapman Dr for privacy and low traffic activity. Plenty of covered parking with 2 large carports & space to park in the shop just beyond the large roll-up door. Mature pecan trees sprawl across the property with a mix of native and non-native including soft and hard shell. Perfect area for a round pen or trainer on the West end of the property. Pasture is cross-fenced with braided wire fencing with cedar stays & has electric fencing as reinforcement. Furniture in the primary residence and equipment can be negotiated outside of the sale of the real estate. Additional acreage available adjacent to property and totals about another 4 acres of cross-fenced pasture with waterers and direct gated access to the parking area at 330 Chapman Drive.


Details

Home Features

  • 2 manufactured homes and a bunkhouse. Don't get fooled, these homes are more than 20 years old but they are remodeled and very well kept. Bunkhouse is next to shop. Both the 2nd home and bunkhouse are currently leased with the main house being occupied by the owners only part of the year. Main home is a 3 bed 2 bath, 2nd home is a 2 bed 2 bath with lots of living space, and the bunkhouse is a 1 bedroom 1 bath. Tenants are aware of the sale and are willing to move should the new buyer not want to lease to them. Leases are month-to-month.

Lot Features

  • 1.5 acres encompassing the homes, large workshop with tack room, horse stalls, & open area that could be for small pasture or space for a walker or round pen.

Horse Facility Features

  • 4 Horse Stalls
  • Hay storage area
  • Area for round pen or walker
  • Shop includes roll-up door, covered carport off the left side for hay storage or additional covered parking
  • Tack room

Distances

  • 4 miles to schools
  • 81 miles to airports
  • 4 miles to hospitals
  • 4 miles to shopping
  • 4 miles to trails


Information deemed reliable, but not guaranteed. Buyer to verify all information


Location

330 Chapman Dr, Mineral Wells, Palo Pinto County, Texas

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