4992 N Highway 281, Mineral Wells, TX 76067 - Photo 1

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$249,900 -$10,000 (-3.85%) Price Reduced

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Active
Lots/Land
0.947 Acres
Updated 3 days ago

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Property Description

Bring your vision to life on this prime commercial property just 5 miles from downtown Mineral Wells! Featuring an approximately 7,800 sq. ft. concrete slab on just under one acre, this property offers endless potential and a solid start for your next venture. Brand new culvert and driveway off of Highway 281 put in about 1 year ago. With an impressive 258 feet of Highway 281 frontage, your business will benefit from exceptional visibility and easy access along this high-traffic corridor. Whether you're planning a retail space, workshop, warehouse, barndominium, or office, the options are limitless. Ample room for parking, storage, or future expansion - all within minutes of town conveniences and growth. A rare blank slate with unbeatable location and opportunity!

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Full Property Details

Full Property Details for 4992 N Hwy 281

General

Price: $249,900
Taxes: $1,038
Status: Active
Type: Lots/Land
Source: NTREIS
MLS ID: 21087320
Updated: 2/10/2026
Added to Site: 121 day(s) ago

Location

County: Palo Pinto
Subdivision: Palo Pinto County
Driving Directions: From downtown Mineral Wells, head north on 281. Property is about 5 miles north of downtown on the right.

School Information

Elem School District: Mineral Wells ISD
Midd School District: Mineral Wells ISD
High School District: Mineral Wells ISD
Elementary School: Lamar
Middle School: Mineralwel
High School: Mineralwel

Utilities

Sewer: Septic Tank
Water: Community/Coop
Utility Description: Electricity Available, Septic Available, Water Available

Structural Information

Architectural Style: Barndominium
Detached/Attached: Detached
Current Bldg. Use: Vacant

Lot Features

Lot Size (Acres): 0.947
Lot Size (Sq. Ft.): 41,251.32
Lot Size Source: Assessor
Frontage: Highway, Asphalt
Lot Features: Acreage, Cleared, Few Trees
Potential Use: Commercial, Development, Residential, Single Family, Warehouse
Zoning: none

Financial Considerations

Tax Amount: $1,038

Disclosures and Reports

Documents Avail.: Survey
Legal Description: ACRES: 0.947 AB 1240 TR 17 J CHRISTIAN (FORME
Property ID: 7977
Block: A

Listed by Cornerstone Home and Ranch, Kayla Spain and Cornerstone Home and Ranch, Kris Spain

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Listing agents

— 4992 N Hwy 281 —

Kayla Spain

Cornerstone Home and Ranch
Kris Spain

Cornerstone Home and Ranch

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NMLS#: 1598647

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Schools

Schools serving 4992 N Hwy 281

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	9.5 mi
Mineral Wells J High School 1301 Southeast 14th Avenue, Mineral Wells, TX 76067	7-8	10 mi
Mineral Wells High School 3801 Ram Boulevard, Mineral Wells, TX 76067	9-12	8.5 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4992 N Hwy 281 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

2/10/2026

Price Reduced

$249,900

-3.85%

MLS

10/15/2025

Listed

$259,900

—

MLS

Get Price Alerts and Save Property

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 4992 N Hwy 281

Year

Property Taxes

Change

Tax Assessment

Change

2024

$1,038

11%

$64,470

—

2023

$939

—

$64,470

15%

2023

$939

83%

$55,940

-53%

2022

$513

-57%

$119,540

44%

2021

$1,193

-20%

$83,030

25%

2020

$1,487

372%

$66,420

369%

2019

$315

—

$14,160

-1%

2018

$316

9%

$14,320

8%

2017

$289

18%

$13,310

17%

2016

$245

—

$11,420

—

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 4992 N Hwy 281

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4992 N Highway 281, Mineral Wells, TX 76067 (MLS# 21087320) is a Lots/Land property with a lot size of 0.947 acres. 4992 N Highway 281 is currently listed for $249,900 and was received on October 15, 2025. Want to learn more about 4992 N Highway 281? Do you have questions about finding other Lots/Land 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.

4992 N Hwy 281 Mineral Wells, TX 76067