1. Texas
  2. Mineral Wells
  3. 188 Olsen First
$243,000

188 Olsen First, Mineral Wells, TX 76067

  • 4 beds |
  • 2 baths |
  • 1,480 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1979
  • Property Lot Size Icon0.55acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $164/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Welcome to 188 Olsen 1st in Mineral Wells, TX! This recently occupied home is now vacant as of July 2025 and ready for its next chapter—whether you’re looking for a personal residence or an investment opportunity. This charming property has been generating steady rental income of $1,600 per month, with plenty of potential to increase the rent in today’s market. Featuring a spacious layout, solid construction, and a desirable location close to town amenities, this home is a smart choice for investors and homeowners alike. The large yard offers room for outdoor living, while the interior provides a comfortable and functional space ready for updates or customization. Mineral Wells continues to grow in popularity, making this a prime opportunity to secure a well-priced property with income potential. Don’t miss your chance to own 188 Olsen 1st—schedule a showing today!

Listing Status:
Active
Listing Office:
eXp Realty, LLC : 888-519-7431
Listing Agent:
Jonathan Underwood : 817-995-7669
MLS ID:
20972821
  • General: Other
  • Appliances: Dishwasher
  • Flooring: Luxury Vinyl PlankTile
  • A/C: Electric
  • Heating: Electric
  • Fireplace: Fireplaces: 0

This listing courtesy of Jonathan Underwood, eXp Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

M

Mineral Wells Elementary School

1001 SE Martin Luther King Jr St, Mineral Wells, TX, 76067

Grades PK-6

3.59 miles away

M

Mineral Wells Junior High School

1301 SE 14th Ave, Mineral Wells, TX, 76067

Grades 7-8

3.08 miles away

M

Mineral Wells Academy

3810 Ram Blvd, Mineral Wells, TX, 76067

Grades 10-12

3.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.