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315 Martin Luther King Jr Street

Mineral Wells, TX 76067

$179,900

2 bd · 1 ba · 1,942 sq ft · 0.17 ac

Bedrooms2
Bathrooms1
Living area1,942 sq ft
Lot size0.172 acres
Year built1960
Stories1
Garage1 car
TypeSingle-family

What it costs to own

Taxes$2,851 per year
MUDNone listed
HOANone listed
Price per sq ft$93 per sq ft

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

2 Properties with Incredible Potential! Located in Mineral Wells, these properties are positioned in a community experiencing renewed interest and investment, highlighted by the ongoing renovation and restoration of the historic Baker Hotel. The revitalization of Downtown and the Baker Hotel is bringing new attention and activity to downtown Mineral Wells, adding to the town's appeal for residents, visitors, and investors. This property offers a great opportunity for investors, renovators, or buyers looking for a project with character and room to add value. The home features real hardwood flooring in most rooms, two huge living areas, a spacious dining room and kitchen, and a cozy wood-burning fireplace. One of the oversized living areas could potentially be enclosed to create a large primary bedroom or additional private living space, giving the next owner flexibility to rework the floor plan. The property does need significant work, including foundation repairs, roof replacement, and interior updating, and is being sold AS IS. Adding even more value is a newly built oversized detached one-car garage with plenty of room for a vehicle, workshop, or additional storage. The property also includes a large 13' x 35' detached shed building with porch and an additional lot located behind the main house. With the appropriate improvements, connection to city utilities, the detached building may offer potential for additional living space, a separate tiny-home-style dwelling, rental use, storage, or other future possibilities. It could also be removed to create additional yard space. With a spacious layout, original hardwood floors, fireplace, oversized garage, additional building, and extra lot, this property offers multiple possibilities for someone willing to put in the work. Buyer to verify all information, zoning, building requirements, utility availability, and potential uses with the appropriate city and county authorities. Property is being sold AS IS.

The details

HeatingFireplace(s), Natural Gas, Space Heater
CoolingCeiling Fan(s), Window Unit(s)
FlooringCarpet, Linoleum, Wood
AppliancesElectric Range
Interior featuresChandelier, Decorative Lighting, High Speed Internet Available
Fireplace1 · Brick, Wood Burning

Construction materialsFrame, Siding, Wood
RoofComposition
FoundationSlab

Lot featuresCleared, Corner Lot, Landscaped, Lrg. Backyard Grass
FencingNone
Water sourceCity Water
SewerCity Sewer
UtilitiesIndividual Gas Meter

SubdivisionFrench

ElementaryLamar
Middle schoolMineralwel
High schoolMineralwel
DistrictMineral Wells ISD

MLS #21397591
Source
Price changeReduced by $5,100 · Oct 21, 2026
On the market23 days
CountyPalo Pinto

Around this home

One moment…

Everyday life

Nearest groceryTommy · 0.5 mi
Nearest parkZappe Park · 0.4 mi

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Listing courtesy of Skylite Realty LLC — Rick Lamoureux.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21397591. Information last updated October 21, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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