Mineral Wells Homes under $500,000

Welcome to Mineral Wells, Texas – a charming city steeped in history and natural beauty! Nestled in the heart of Palo Pinto County, Mineral Wells is renowned for its mineral-rich waters and scenic landscapes, making it an ideal place for those seeking a serene lifestyle without sacrificing modern amenities. With a population of just over 16,000, this close-knit community offers a warm, welcoming atmosphere that is perfect for families, retirees, and everyone in between.

One of the most appealing aspects of Mineral Wells is its diverse real estate market, particularly for homebuyers seeking properties under $500,000. Here, you can discover a variety of homes that cater to different tastes and preferences. From charming historic houses with character to modern new builds equipped with the latest amenities, there’s something for everyone. Imagine unwinding in a spacious backyard, enjoying the stunning Texas sunsets, or hosting gatherings with friends and family in your new home.

In addition to its affordable housing options, Mineral Wells boasts a wealth of recreational activities. Explore the picturesque Lake Mineral Wells State Park, where you can hike, fish, or simply soak in the breathtaking scenery. The city is also home to unique shops, delightful dining options, and vibrant community events that foster a strong sense of belonging.

Whether you’re looking to buy your first home, invest in a vacation property, or find a peaceful retreat, Mineral Wells offers an exceptional lifestyle at an affordable price. Come and experience the charm of this delightful Texas town!

Newest Mineral Wells Homes under $500,000

$222,990

3 Beds ⋅ 3 Baths ⋅ 21401002 MLS

New D.R. Horton home in Blackbird Estates located in Mineral Wells and Mineral Wells ISD! The two-story Davis floor plan, Elevation X, with an estimated Winter completion, offers 3 bedrooms, 2.5 bathrooms, and a 2-car garage with a modern open-concept layout designed for comfort and everyday functionality. The first floor features a welcoming foyer, convenient powder bath, and an easy-flow main living area where the family room, dining space, and contemporary kitchen come together for gathering and daily living. The thoughtfully appointed kitchen includes quartz countertops, 36” painted cabinets with hardware, stainless steel appliances, an electric range, and a functional layout that keeps everything within reach. Upstairs, the private primary suite features an en-suite bath with quartz vanity, oversized shower, and a spacious walk-in closet. Two secondary bedrooms, a full bathroom with quartz vanity top, and an upstairs laundry room add convenience and flexibility for family members or guests. Luxury vinyl plank flooring enhances the main living areas and wet zones, adding durability and low-maintenance appeal. Built with energy-efficient construction and equipped with America’s Smart Home Technology. Ideally positioned near MH 379 and nestled between Hwy 281 and Hwy 180, Blackbird Estates provides convenient access to everyday essentials and local attractions. Residents are just minutes from downtown Mineral Wells and Lake Mineral Wells State Park, offering opportunities for outdoor recreation, dining, and leisure. With its blend of modern design, peaceful surroundings, and accessible location, Blackbird Estates is the perfect place to slow down and enjoy life in North Texas.

107 Mach Way, Mineral Wells

Listing courtesy of Stephen Kahn from Century 21 Mike Bowman, Inc.. Contact: 817-354-7653

$215,020

3 Beds ⋅ 2 Baths ⋅ 21401313 MLS

New D.R. Horton home in Blackbird Estates located in Mineral Wells and Mineral Wells ISD! The single-story Anderson floorplan Elevation W with an estimated Winter completion, offers 3 bedrooms, 2 bathrooms, and a 2-car garage with a bright open-concept layout designed for comfort, function, and easy everyday living. The spacious family room, dining area, and contemporary kitchen flow together beautifully, creating an inviting space for gathering, relaxing, and entertaining. The thoughtfully appointed kitchen includes quartz countertops, 36” painted cabinets with hardware, stainless steel appliances, an electric range, a center island, and a pantry for added storage. The private primary suite is tucked away at the rear of the home and features an en-suite bath with quartz vanity, oversized shower, and a walk-in closet. Two secondary bedrooms and a full bathroom with quartz vanity top are positioned near the front of the home, offering comfortable accommodations for family members or guests. Luxury vinyl plank flooring enhances the main living areas and wet zones, adding durability and low-maintenance appeal. Built with energy-efficient construction and equipped with America’s Smart Home Technology. Ideally positioned near MH 379 and nestled between Hwy 281 and Hwy 180, Blackbird Estates provides convenient access to everyday essentials and local attractions. Residents are just minutes from downtown Mineral Wells and Lake Mineral Wells State Park, offering opportunities for outdoor recreation, dining, and leisure. With its blend of modern design, peaceful surroundings, and accessible location, Blackbird Estates is the perfect place to slow down and enjoy life in North Texas.

111 Mach Way, Mineral Wells

Listing courtesy of Stephen Kahn from Century 21 Mike Bowman, Inc.. Contact: 817-354-7653

$399,900

3 Beds ⋅ 2 Baths ⋅ 21397896 MLS

Unrestricted 10 Acre Ag Exempt Property with Barndominium Style Home! Opportunities like this are getting harder and harder to find! This 10 acre, property offers the freedom and flexibility to bring your horses, goats, business ideas, hobbies, or future building plans. At the heart of the property is a barndominium style home that began as a 1977 single-wide manufactured home and has been updated, encapsulated, and enhanced with metal framing creating a unique country retreat with character and functionality. The home features numerous updates including new windows, a newer roof, and additional improvements throughout. The property is set up perfectly for the animal and horse enthusiast, featuring a gated entrance, 6-stall barn with tack and feed room, livestock panels and pens. The property is fully fenced with additional fenced off areas with multiple pastures for animals, along with coastal for grazing.The goats, livestock panels, and existing pens will convey with the property, making this an especially convenient setup for anyone ready to embrace the country lifestyle. Corner lot that offers privacy, accessibility, and incredible flexibility. Bring your animals, expand the existing improvements, or build your future dream home, the possibilities are here

87 Ledbetter Dr, Mineral Wells

Listing courtesy of Krista Sparks from HARBCO Realty. Contact: (940) 550-5019

$275,000

3 Beds ⋅ 2 Baths ⋅ 21399358 MLS

Welcome to 3001 S Murco Drive, where spacious living meets fresh, updated style in the established Murco Heights neighborhood of Mineral Wells! This inviting 3-bedroom, 2-bath home offers approximately 2,258 square feet with plenty of room to spread out, entertain and feel right at home. The updated kitchen brings a fresh look to the heart of the home, while the beautifully updated hall bathroom adds another stylish touch. The generous floor plan also includes a versatile office or flex room perfect for working from home, a playroom, hobby space, workout room or whatever fits your lifestyle. Outside, the approximately quarter-acre lot offers room to enjoy the outdoors and make the backyard your own. Conveniently located near Mineral Wells shopping, dining, schools and everyday amenities, this home combines an established neighborhood setting with the updates and flexible living spaces today’s buyers are looking for. Spacious, updated and full of character 3001 S Murco Drive is one you’ll want to see in person. Schedule your private showing today!

3001 S Murco Dr, Mineral Wells

Listing courtesy of Rebekah Legan from CENTURY 21 Judge Fite. Contact: granbury@judgefite.com

$250,000

4 Beds ⋅ 2 Baths ⋅ 21398347 MLS

Comfortable Country Living in Mineral Wells! This well-maintained mobile home offers the perfect blend of comfort and affordability. Ready for immediate move-in. Don't miss this great rental opportunity.

21 Kenzi Dr, Mineral Wells

Listing courtesy of Mohamed Ghanem from OC TX Realty, LLC. Contact:

$250,000

4 Beds ⋅ 2 Baths ⋅ 21398355 MLS

81 Kenzi Dr, Mineral Wells

Listing courtesy of Mohamed Ghanem from OC TX Realty, LLC. Contact:

$99,000

3 Beds ⋅ 1 Baths ⋅ 21399938 MLS

**INVESTOR SPECIAL – MINERAL WELLS!** Bring your vision and renovation skills to 1808 SE 19th Street. This property offers a great opportunity for an investor, flipper, or experienced rehabber looking for their next project. Portions of the home have been taken down to the studs, providing a blank slate to rework and finish to your specifications. With the right vision and improvements, this could be transformed into a valuable addition to your portfolio. **Sold as-is. Cash or renovation financing preferred. Buyer to verify all information and intended use.

1808 Se 19th St, Mineral Wells

Listing courtesy of JoHannah Palm from Summit Cove Realty, Inc.. Contact: 817-542-3965

$278,000

4 Beds ⋅ 2 Baths ⋅ 21399065 MLS

New Construction Coming Soon! This 4-bedroom, 2-bath home sits on a rural one-acre lot just outside the historic town of Mineral Wells, TX—only minutes from downtown shopping, dining, and amenities. Combining affordable country living with modern convenience, the property will feature a 6' × 14' covered front deck with a shingled roof to complement the home’s dormer, a spacious 10' × 20' covered back deck for relaxing or entertaining, and a 20' × 20' carport for covered parking. Inside, an inviting open-concept floor plan creates the ideal space for everyday living and entertaining. The heart of the home is the spacious kitchen, featuring a large center island perfect for gatherings. The living room is anchored by a entertainment center and a cozy electric fireplace adding warmth, charm, and character. The private primary suite offers a true retreat, complete with a generous walk-in closet, a spacious walk-in shower, and a bathtub for relaxing at the end of the day. Three additional bedrooms provide flexibility for family, guests, or a home office. Step outside and enjoy the peaceful setting from the expansive covered front and back porches. The lot backs up to serene rural land, offering exceptional privacy and beautiful views. A high-yield water well adds long-term value and significant savings. Whether you’re raising a family or seeking a quieter pace of life, this home delivers the best of both worlds—tranquil country living with easy access to city conveniences.

11 Kenzi Dr, Mineral Wells

Listing courtesy of Makenzi Edwards from eXp Realty LLC. Contact: 903-243-6071

$239,500

3 Beds ⋅ 2 Baths ⋅ 21391117 MLS

Enjoy country living with room to spread out! This 3-bedroom, 2-bathroom manufactured home sits on a fully fenced 1-acre lot. This home offers 1,664 sq ft of living space. Featuring a practical layout, crown and baseboard molding, luxury vinyl plank flooring, a spacious kitchen with stainless-steel appliances, an oversized island, and a large farmhouse sink. The primary suite offers an ensuite bath with dual sinks, garden tub, and separate shower. The expansive porch provides a great spot to take in the surrounding scenery, while the spacious yard offers plenty of room for pets, hobbies, or outdoor activities. Fruit trees, covered parking, a metal storage building with electricity, and a chicken coop provides convenance and useful amenities for its next owner. Schedule your showing today!

1150 Lamkin Rd, Mineral Wells

Listing courtesy of Brittany Smith from United Real Estate DFW. Contact: 817-965-2168

315 Martin Luther King Jr St, Mineral Wells

$185,000

2 Beds ⋅ 1 Baths ⋅ 21397591 MLS

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.

315 Martin Luther King Jr St, Mineral Wells

Listing courtesy of Rick Lamoureux from Skylite Realty LLC. Contact: (214) 893-1184

$250,000

3 Beds ⋅ 2 Baths ⋅ 21395918 MLS

Nestled in the north Texas Hill country, this beautiful Craftsman home with historic architectural features and design awaits your finishing touches. It's located on the best street for historical homes in town and is easily walkable to downtown Mineral Wells. Updates include a full home electrical rewire in 2024, a soaking tub with gold hardware, luxury vinyl plank in 1 bathroom and the second living area, a deep kitchen sink and faucet, and a full interior paint and updated paint on much of the exterior. Located on a corner, it actually has 3 different driveways or parking areas, including a covered spot under the port-cochere. There is a storage room in the rear that is lighted and provides exterior electrical outlets and a full-size laundry room in the home. The second living area is where the previous 1-car garage was converted, and it can serve as a mother-in-law suite, office, or man-cave, as it has its own exterior door and is located very close to the 2nd bathroom. The large bathroom was plumbed for shower capacity, and moisture-resistant drywall has been added so you can pick out your own tile design and make it yours. The vintage hardwoods are in varying condition, but will look great refinished to your taste. There are many storm windows covering the historic craftsman windows, so those can be removed to touch up the original windows, or left as is. Originally a wood sided home, the brick surround was added and makes the home very energy efficient for a 1940 beauty. Tall ceilings & large windows provide great natural light and provides the home with a great, comfortable feel, IMHO. There is some shifting that occurs through the seasons, but this home has great bones and you can still design it to your individual taste. The historic tiled and carved wood fireplace surround adds charm and the front porch is large and ideal for morning coffee or evening beverages of your choice. Add to its history and make it yours! (Seller has a Texas real estate license)

901 4th Ave, Mineral Wells

Listing courtesy of Troy Corman from T2 Real Estate. Contact: 214-827-1200

$224,900

3 Beds ⋅ 1 Baths ⋅ 21389832 MLS

Designed for easy living and entertaining, this charming 3-bedroom, 1-bath home offers inviting spaces both inside and out. The true highlight is the outdoor living area, featuring beautiful covered rock patios and an outdoor kitchen perfect for cookouts, gatherings, and relaxing evenings with family and friends. Inside, you'll find an updated kitchen and bathroom along with a comfortable, functional floor plan. Large carports provide plenty of covered parking, while the workshop offers additional space for projects, hobbies, or storage. Conveniently located near schools, shopping, dining, and everyday amenities, this property offers the space, functionality, and outdoor lifestyle you've been looking for! Information is deemed reliable but not guaranteed. Buyer and buyer’s agent to verify all information, including measurements, schools, taxes, and property features.

602 Se 18th St, Mineral Wells

Listing courtesy of Jenna Sims from Cornerstone Home and Ranch, LL. Contact:

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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