tomo logo

$600,000

Beds
5
Baths
3.0
sq ft
3,696

502 W Hubbard St, Mineral Wells, TX 76067

502 W Hubbard St

Mineral Wells, TX 76067

  • 11 days on market
Discover a rare opportunity to own a piece of history with this stunningly updated historic home. This beautifully updated property, located on a prominent corner lot, offers endless possibilities as both a commercial or residential space. Also, the gem boasts timeless architectural details paired with modern updates that make it as functional as it is stunning. Featuring a gorgeous wrap-around porch, and breathtaking views of the iconic Baker Hotel, this property offers a seamless blend of classic elegance and modern amenities. Step inside to find a Parisian-inspired chef's kitchen that’s as functional as it is stylish, refinished original hardwood floors that tell a story of timeless craftsmanship, and large windows that flood the home with natural light. The home’s updates include a restored foundation and new HVAC systems, ensuring comfort and peace of mind. Located within walking distance to historic downtown Mineral Wells, this property offers unparalleled convenience to dining, shopping, and entertainment. Whether you're looking to make it your dream home, a lucrative Airbnb, or a commercial space, the possibilities are endless. Don’t miss this one-of-a-kind treasure that combines historic character with modern luxury. Schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$347,135

Lot size

9,844.56 sq ft

Price per sq ft

$163

Year built

1900

Annual property taxes

$7,127

Price History

01/17/2025
NTREIS

NTREIS #20816091

Listed
$600,000
12/29/2024
NTREIS

NTREIS #20660220

Removed
09/04/2024
NTREIS

NTREIS #20660220

Price change
$599,000
-4.16%

Schools & Community

Elementary school: 

Lamar

Middle school: 

Mineralwel

High school: 

Mineralwel

School district: 

Mineral Wells ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$366,712
Asking price
$600,000
Closing costs (~8% of asking)
-$48,000
Est. remaining loan balance
-$185,288
Cash to seller
$366,712

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

September 2021

Original loan amount

$200,000

Est. remaining balance

$185,288

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Alice Claudine Martyn

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

NTREIS
$574,900
5 bd
|
3 ba
|
2,414 sq ft
|
House

2024 Carrie Ct, Weatherford, TX 76088

NTREIS
$549,700
5 bd
|
3 ba
|
2,414 sq ft
|
House

100 Dubois Rd, Poolville, TX 76487

NTREIS
$597,900
5 bd
|
4 ba
|
2,650 sq ft
|
House

1326 W Dry Creek Rd, Poolville, TX 76487

Status: Active

Tomo last checked: 01/29/2025 at 12:05 AM

Listing updated: 01/18/2025 at 4:13 AM

Listed by: Bridgett Worley, Marr Realty Phone #: (940) 325-0014

MLS: NTREIS #20816091

NTREIS logo

Recently listed in Mineral Wells