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For sale
    • $860,000

    435 Gene Lee Rd, Mineral Wells, TX 76067

    3beds
    1,349sqft
    Manufactured Home, Apartment, Single Family Residence
    Built in 2008
    17.28 Acres Lot
    $822,100 Zestimate®
    $638/sqft
    $-- HOA

    What's special

    Three apartmentsTwo pondsPrivate wellIn-ground pool
    Income-Producing Property with Room to Grow! Explore the income potential of this versatile 17.281-acre property, featuring an ag exemption, two ponds, cross-fencing, a private well, and multiple income-producing assets, including three apartments, an 8,000-square-foot shop, and RV storage with covered and uncovered spaces. The property includes a 3-bedroom, 2-bathroom, 1,302-square-foot manufactured home with an in-ground pool, carport, a 30-by-40-foot insulated shop, and an additional 750-square-foot shop. The manufactured home, pool, and smaller shops are owner-occupied, but estimated rent potential is around $2,500 per month. A separate, approximately 8,000-square-foot insulated and conditioned shop includes two bathrooms and offers potential for commercial use, with estimated potential rent of $3,500 per month. The apartment area includes two 2-bedroom units and one 1-bedroom unit. One 2-bedroom apartment is leased for $1,350 per month, and the 1-bedroom apartment is leased for $1,250 per month. The second 2-bedroom apartment could potentially rent for $1,350 per month. RV storage provides another income stream, with 24 uncovered spaces offered for $50 per month and 18 covered spaces offered for $85 per month. With the manufactured home, large shop, all three apartments, and all RV spaces rented at the stated rates, this property has the potential to generate over $12,000 per month in gross rental income before expenses, vacancy, and other costs! There’s also potential to expand income by converting covered RV spaces into apartments or adding tiny homes, subject to feasibility and applicable approvals. A unique opportunity to combine acreage, existing rental income, and multiple avenues for future growth. Rental figures and income projections are estimates and should be independently verified. There are several different gated entry points that provide individual access to the different sections of the property.
    2 days
    86
    6

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Keaton Vaughn 0743257 817-524-5800,

    Monument Realty 214-705-7827

    Source: NTREIS,MLS#: 21417432

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: First
      • Dimensions: 15 x 15
      Bedroom
      • Level: First
      • Dimensions: 13 x 14
      Bedroom
      • Level: First
      • Dimensions: 10 x 15
      Dining room
      • Level: First
      • Dimensions: 8 x 15
      Other
      • Level: First
      • Dimensions: 5 x 7
      Kitchen
      • Level: First
      • Dimensions: 11 x 15
      Living room
      • Level: First
      • Dimensions: 15 x 15
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Electric Cooktop, Electric Oven
      Features
      • Open Floorplan, Cable TV
      • Flooring: Carpet, Luxury Vinyl Plank
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total interior livable area: 1,349 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 9
      • Parking features: Attached Carport, Additional Parking, Common, Carport, Driveway, Electric Gate, Guest, Gravel, Private, RV Carport, RV Gated, Secured, Boat, RV Access/Parking
      • Garage spaces: 5
      • Carport spaces: 4
      • Covered spaces: 9
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered
      • Pool features: In Ground, Outdoor Pool, Pool
      • Fencing: Back Yard,Cross Fenced,Fenced,Gate
      Lot
      • Size: 17.28 Acres
      • Features: Acreage, Agricultural, Cleared, Pond on Lot, Many Trees, Few Trees
      • Residential vegetation: Cleared, Partially Wooded
      Details
      • Additional structures: Second Garage, Garage(s), Guest House, Mobile Home, Outbuilding, Other, Second Residence, RV/Boat Storage, See Remarks, Workshop
      • Parcel number: 562374
      • Horses can be raised: Yes

      Construction

      Type & style
      • Home type: MobileManufactured
      • Architectural style: Detached,Farmhouse
      • Property subtype: Manufactured Home, Apartment, Single Family Residence
      Materials
      • Rock, Stone
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Year built: 2008

      Utilities & green energy

      • Sewer: Aerobic Septic, Septic Tank
      • Water: Public, Well
      • Utilities for property: Electricity Connected, Septic Available, Water Available, Cable Available

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Mineral Wells

      Financial & listing details

      • Price per square foot: $638/sqft
      • Tax assessed value: $487,150
      • Annual tax amount: $7,281
      • Date on market: 10/21/2026
      • Cumulative days on market: 9 days
      • Listing terms: Cash,1031 Exchange
      • Road surface type: Gravel

        Estimated market value

        $822,100

        $781,000 - $863,000

        $2,685/mo

        Price history

        DateEventPrice
        10/21/2026Listed for sale$860,000+49.6%$638/sqft
        Source: NTREIS #21417432 Report a problem
        10/8/2026Listing removed$575,000$426/sqft
        Source: NTREIS #21401866 Report a problem
        10/2/2026Listed for sale$575,000-9.4%$426/sqft
        Source: NTREIS #21401866 Report a problem
        8/23/2026Listing removed$635,000$471/sqft
        Source: NTREIS #21226957 Report a problem
        7/20/2026Price change$635,000-2.3%$471/sqft
        Source: NTREIS #21226957 Report a problem
        4/3/2026Listed for sale$650,000-51.9%$482/sqft
        Source: NTREIS #21226957 Report a problem
        2/18/2026Listing removed$1,350,000$1,001/sqft
        Source: NTREIS #21034515 Report a problem
        8/17/2025Listed for sale$1,350,000$1,001/sqft
        Source: NTREIS #21034515 Report a problem
        8/15/2025Listing removed$1,350,000$1,001/sqft
        Source: NTREIS #20875838 Report a problem
        4/11/2025Listed for sale$1,350,000$1,001/sqft
        Source: NTREIS #20875838 Report a problem
        8/16/2024Listing removed--
        Source: NTREIS #20426380 Report a problem
        9/22/2023Listed for sale$1,350,000$1,001/sqft
        Source: NTREIS #20426380 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$665 -5%$487,150
        2024$700 +38.3%$487,150 +14.9%
        2023$506 -5.8%$424,110
        2022$537 -3.4%$424,110 +42.9%
        2021$556 +6%$296,720 +153.9%
        2020$525 +7.5%$116,880 +0.5%
        2019$488 +36.6%$116,300
        2018$357 +8.3%$116,300 +56.7%
        2017$330 +9.4%$74,230
        2016$302 -23%$74,230 -5.3%
        2015$391 $78,410 +89.4%
        2014$391 $41,400
        2013-- $41,400 +1.6%
        2012-- $40,760 +0%
        2011-- $40,750
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 76067

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Houston
        • Middle: Mineralwel
        • High: Mineralwel
        • District: Mineral Wells ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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