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$915,000 Just Listed
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Property Description
Prime light industrial opportunity in Mineral Wells offering exceptional visibility and flexibility for a wide range of uses. Strategically positioned at the high-traffic intersection of FM 1195 and MH 379 (approx. 7,000 VPD), this property features dual road frontage and access from both highways-ideal for commercial exposure, logistics, and accessibility. Formerly residential and now zoned light industrial, this property supports multiple investment strategies including buy-and-hold, income-producing rental, or immediate owner-user occupancy. Ideal for a variety of applications such as an RV park, contractor yard, equipment or fleet vehicle storage hub, industrial flex space, storage unit development, or industrial and vehicle service operations. Proximity to Mineral Wells Regional Airport also makes it well-suited for aircraft maintenance and repair, flight training, or aviation-related businesses. The site includes a 3-bedroom, 2.5-bath home built in 2018 with attached carport and 16-panel solar system-perfect for on-site living, office use, or rental income. Additional improvements include a pole barn, barn with stalls, full fencing and cross-fencing, and a spring-fed tank, supporting a wide range of commercial or mixed-use operations. Utilities are a major advantage with city water and sewer available, along with three on-site water wells. Area growth is accelerating with new residential developments and ongoing airport expansion expected to increase traffic and demand. Mineral Wells continues to experience strong revitalization, including the redevelopment of the Baker Hotel and Spa and a thriving downtown with the Crazy Water Hotel. Nearby recreational destinations such as Lake Mineral Wells State Park, Palo Pinto Mountains State Park, and Possum Kingdom Lake are driving increased tourism and long-term growth.
Full Property Details
Full Property Details for 2602 FM1195
General
- Price: $915,000
- Taxes: $11,012
- Status: Active
- Type: Industrial
- Source: NTREIS
- MLS ID: 21205636
- Updated: 3/19/2026
- Added to Site: 3 day(s) ago
Business
- Business Type: Other
Interior
- Flooring: Concrete
Parking
- Carports: Yes
- Parking Features: Attached Carport
Location
- County: Palo Pinto
- Subdivision: J P & N H Green
- Driving Directions: From US-180 W, turn left onto FM 1195 S. The property is just passed the 4-way stop on the right.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric, Wood Stove
Utilities
- Sewer: Public Sewer
- Water: Public, Well
- Well: Yes
- Utility Description: Electricity Connected, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Rock, Stone
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 2,024
- Sq. Ft. Source: Owner
- Year Built: 2018
Lot Features
- Lot Size (Acres): 12.58
- Lot Size (Sq. Ft.): 547,984.8
- Lot Size Source: Public Records
- Frontage: Farm to Market Road
- Lot Features: Acreage, Pasture, Pond on Lot, Many Trees
- Potential Use: Other
- Zoning: Light Industrial
Green Features
- Energy Generation: Solar
Financial Considerations
- Tax Amount: $11,012
- Owner Pays: All Utilities, Insurance, Taxes
- Tenant Pays: None
Disclosures and Reports
- Legal Description: ACRES: 11.580 AB 702 TR 16A T&P RY CO G#10702
- Exclusions: Hanging storage shelf in the dining room.
- Inclusions: Land & Improvements
- Property ID: 5330
- Block: 8
Listed by eXp Realty, LLC, Brandy Johnson and eXp Realty, LLC, Dani Doak
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Schools
Schools serving 2602 FM1195
School District:Mineral Wells Independent School District
| Name | Grades | Distance |
|---|---|---|
Travis Elementary School, Mineral Wells, TX 1001 Southeast Martin Luther King Junior Street, Mineral Wells, TX 76067 | PK-6 | 2.5 mi |
Mineral Wells J High School 1301 Southeast 14th Avenue, Mineral Wells, TX 76067 | 7-8 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2602 FM1195
Date
Details
Price
Change
Source
3/19/2026
Listed
$915,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2602 FM1195
Year
Property Taxes
Change
Tax Assessment
Change
2023
$18
—
$511,270
-3%
2023
$18
—
$528,640
157%
2023
$18
-100%
$205,970
-32%
2022
$7,395
1%
$302,000
-12%
2021
$7,316
13%
$342,600
20%
2020
$6,458
604%
$285,340
207%
2019
$917
-68%
$92,880
-7%
2018
$2,866
9%
$99,880
6%
2017
$2,626
40%
$94,510
37%
2016
$1,875
—
$69,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2602 FM1195
2602 Fm 1195, Mineral Wells, TX 76067 (MLS# 21205636) is a Industrial property. 2602 Fm 1195 is currently listed for $915,000 and was received on March 19, 2026. Want to learn more about 2602 Fm 1195? Do you have questions about finding other Industrial real estate for sale in Mineral Wells? You can browse all Mineral Wells real estate or contact a Coldwell Banker agent to request more information.

