Backup offersTour
$1,946 Closing Credit¹
#20894310, Jenna Sims, Listing Office: Cornerstone Home and Ranch
$250,000 List price
188 Olsen 1St Mineral Wells, TX 76067
$2,969
Closing credit¹
4 beds
1 full, 1 partial
1,480 sqft
0.6 acres
$169 / sqft
House
Property details
About 188 Olsen 1St
Welcome to 188 Olsen 1st St, a fantastic investment opportunity in the growing community of Mineral Wells, Texas. This well-maintained property is currently tenant-occupied on a month-to-month lease, generating $1,600 per month in rental income. Whether you are looking to expand your rental portfolio or seeking a property with income potential, this home is an ideal choice. Situated in a convenient location, this property offers easy access to downtown Mineral Wells, shopping, dining, and local amenities. The home features a comfortable and functional layout, suitable for long-term tenants or future owner-occupancy. Highlights: Tenant-occupied with a $1,600 month rental income Month-to-month lease provides flexibility for investors or potential owner occupancy Prime location in a desirable area of Mineral Wells Well-maintained property with consistent rental history Don’t miss this chance to own a reliable income-producing property in a thriving market. Contact us today to schedule a viewing or learn more about this exceptional opportunity at 188 Olsen 1st St! All information in this listing is deemed reliable but not guaranteed and should be verified by buyer.
Highlights
Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingElectric
Size1,480 sqft
Lot size0.552 Acres
Year built1979
ParkingDriveway
MLS #20846314
Virtual tour
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Dishwasher
- Basement: No
- Interior: Other
- Total Bedroom Count: 4
- Parking: Driveway
- Architectural Style: Detached
- Heating: Electric
- Cooling: Electric
- List Price: $250,000
- Price/SqFt: $168
- Lot: Cul-De-Sac
- Directions: From Downtown Mineral Wells, head south on Highway 281 for 1.3 miles. Turn left onto MH 379 and travel East for .5 miles. Turn right onto Millsap Hwy. Travel for 2.7 miles, then turn left onto Olsen 1st. Make a left at the T 188 Olsen will be on the left at the end of the cul-de-sac.
- Year Built: 1979
- Living Area: 1,480 SqFt
- Lot Size: 0.552 Acres
- MLS Number: 20846314
- MLS Name: NTR
- Office Name: eXp Realty, LLC
- Office Phone: (888) 519-7431
- Listing Agent: Jonathan Underwood
©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: 5/10/2025, 8:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$250,000
188 Olsen 1St
$2,969
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
4
Mineral Wells Elementary School
Public District PK-6
2.3 mi
•1001 SE Martin Luther King Jr St
7
Millsap Elementary School
Public District PK-5
7.5 mi
•101 Wilson Bend Rd
8
Palo Pinto Elementary School
Public District PK-6
9.6 mi
•821 Oak St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,596. Typical income of Mineral Wells, TX residents is between $35k-100k annually. Residents typically live in married, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
39%
<35k
44%
35k-100k
15%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
28%
Single, No Kids
8%
Single, with Kids
42%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
7%
12-17 yrs old
15%
18-34 yrs old
45%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Hunting
Pro Wrestling
Where do the neighbors shop?
Dollar General
Academy Sports & Outdoors
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Chevrolet
Dodge
What do the neighbors listen to?
Classic Country
New Country- Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 188 Olsen 1St
The listing price of 188 Olsen 1St property is $250,000.
The property 188 Olsen 1St is a house located in Mineral Wells, Texas, 76067.
Active Listing: 188 Olsen 1St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 188 Olsen 1St are: Mineral Wells Elementary School (GreatSchools Rating 4/10), Millsap Elementary School (GreatSchools Rating 7/10), Palo Pinto Elementary School (GreatSchools Rating 8/10), Mineral Wells Junior High School (GreatSchools Rating 5/10), Millsap Middle School (GreatSchools Rating 6/10), Brock Junior High School (GreatSchools Rating 7/10), Mineral Wells Academy (GreatSchools Rating 5/10), Mineral Wells High School (GreatSchools Rating 3/10), Millsap High School (GreatSchools Rating 5/10).
The property at 188 Olsen 1St has 4 bedrooms and 1 full and 1 half bathrooms.
The property 188 Olsen 1St is 1,480 SqFt (source: MLS/tax record).
The year of construction for 188 Olsen 1St is 1979.
This home is located at 188 Olsen 1St in Mineral Wells, TX and zip code 76067. This 1,480 square foot home, which was built in 1979, sits on a 0.55 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 17, 2025 and is currently priced at $250,000.
The number of listings in Mineral Wells, TX increased by 18.3% between March and April 2025. While the average time on the market in April 2025 was 116 days, the median list price was $235,000.
From Rocket Homes Real Estate and based on county public records data.