Investment Highlights
803 SW 15th St
Mineral Wells, TX 76067
Highlights
- Sprawling views 120' above downtown Mineral Wells
- Plateau of 40+ acres for development
- Versatile potential for various investment opportunities
- 20 miles west of Weatherford
- 50 miles west of Fort Worth
- 73 miles to DFW Airport
Description
Premium Mineral Water Source: The land boasts access to some of the finest mineral water in the region, prized for its purity and therapeutic properties. This natural asset provides a strong foundation for various business ventures, including bottling operations, wellness resorts, and health spas.
Water Rights: Alongside 2 previous wells, the opportunity includes valuable water rights, securing a sustainable supply for commercial use. This asset is particularly advantageous in a region where water scarcity can be a concern, offering long-term security and operational opportunity.
Potential uses: This natural asset provides a strong foundation for various business ventures, including bottling operations, wellness resorts, health spas, and/or residential development.
Location Summary
-Geographical Location: Mineral Wells is situated in North Central Texas, approximately 50 miles west of Fort Worth
-Historical Significance: The city gained prominence in the late 19th and early 20th centuries due to its mineral-rich water springs, which were believed to have therapeutic properties. It became a popular health resort destination, attracting visitors from across the country.
-Tourist Attractions: Mineral Wells boasts several tourist attractions, including the historic Baker Hotel, which was once a luxurious spa resort. Although the hotel has been closed for many years, efforts are underway to restore it to its former glory. Other notable sites include Lake Mineral Wells State Park, which offers opportunities for outdoor recreation such as hiking, camping, and rock climbing.
-Topography: The city is nestled within the Palo Pinto Mountains and lies on the eastern edge of the Cross Timbers region. Its topography features rolling hills, with the Brazos River flowing nearby.
-Transportation: Mineral Wells is accessible via several major highways, including U.S. Route 180 and Texas State Highway 337. The city also has a general aviation airport, Mineral Wells Airport, which serves private and small commercial aircraft.
