This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/30
$514,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/30
Property Description
SPACIOUS ranch home with pool, 6.9998 acreage and THREE car attached garage. Pool has outside bath in addition to the 3.5 baths in home. Survey available. Large custom home has unique built ins and solid construction, good bones. This is an estate listing, ready to go. Bring your decorator ideas! State Highway access, but home is set farthest from road. WELL WATER on property as well as co-op. Great property if you like room. Good business potential. Just a lot of options here.
Full Property Details
Full Property Details for 5485 S Hwy 281
General
- Price: $514,000
- Taxes: $8,721
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 20976491
- Updated: 1/18/2026
- Added to Site: 212 day(s) ago
Interior
- Interior Features: Built-in Features, Kitchen Island, Other, Pantry
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Masonry, Wood Burning
- Appliances: Dishwasher, Electric Cooktop, Electric Oven
- Flooring: Carpet, Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Pool Description: Gunite, In Ground, Pool
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Concrete, Driveway, Garage, Garage Door Opener
Location
- County: Palo Pinto
- Subdivision: none
- Driving Directions: South on SH 281 from Mineral Wells, just past nursery business on left, small accented brick wall entry, sign at entrance.
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
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Septic Tank
- Water: Community/Coop, Well
- Well: Yes
- Utility Description: Electricity Connected, Septic Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Detached
- Roof: Metal
- Stories/Levels: 1
- Living Area: 3,484 Sq. Ft.
- Year Built: 1984
Lot Features
- Lot Size (Acres): 7
- Lot Size (Sq. Ft.): 304,920
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $8,721
- Terms: Cash, Conventional, Owner Will Carry, VA Loan
Disclosures and Reports
- Legal Description: ACRES: 1.000 AB 195 TR 31C F H GRAY G#10195-0
- Property ID: 1791
Listed by David H Martin, David Martin
Get Pre-Approved Today
Schools
Schools serving 5485 S 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 | 9.7 mi |
Mineral Wells J High School 1301 Southeast 14th Avenue, Mineral Wells, TX 76067 | 7-8 | 10.1 mi |
Mineral Wells High School 3801 Ram Boulevard, Mineral Wells, TX 76067 | 9-12 | 8.7 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 5485 S Hwy 281
Date
Details
Price
Change
Source
12/10/2025
Price Reduced
$514,000
-2.84%
MLS
11/22/2025
Price Reduced
$529,000
-3.64%
MLS
11/04/2025
Price Reduced
$549,000
-3.51%
MLS
10/18/2025
Price Reduced
$569,000
-4.37%
MLS
10/06/2025
Price Reduced
$595,000
-8.32%
MLS
9/23/2025
Price Reduced
$649,000
-6.62%
MLS
9/06/2025
Price Reduced
$695,000
-6.71%
MLS
8/23/2025
Price Reduced
$745,000
-3.25%
MLS
8/06/2025
Price Reduced
$770,000
-2.53%
MLS
6/20/2025
Listed
$790,000
—
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 5485 S Hwy 281
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,486
6%
$622,640
—
2023
$2,338
—
$622,640
—
2023
$2,338
-42%
$620,540
—
2022
$4,035
-2%
$620,040
37%
2021
$4,110
2%
$452,870
22%
2020
$4,044
-2%
$369,910
-4%
2019
$4,109
3%
$385,780
2%
2018
$3,988
2%
$378,650
—
2017
$3,924
2%
$377,350
1%
2016
$3,829
—
$375,150
—
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 5485 S Hwy 281
5485 S Highway 281, Mineral Wells, TX 76067 (MLS# 20976491) is a Single Family property with 4 bedrooms and 5 full bathrooms. 5485 S Highway 281 is currently listed for $514,000 and was received on June 20, 2025. Want to learn more about 5485 S Highway 281? Do you have questions about finding other Single Family 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.

