Mineral Wells
Market Overview
Mineral Wells Real Estate
Mineral Wells is the largest city in Palo Pinto County, historically famous for its mineral water springs that once drew visitors from across the country. Today the city is experiencing a revival anchored by the restoration of the iconic Baker Hotel, affordable real estate, and proximity to outdoor recreation along the Brazos River and Possum Kingdom Lake.
By the Numbers
Mineral Wells at a Glance
~15,400
Population
$195,000
Median Home Price
Why Choose
Why Live in Mineral Wells?
- Some of the most affordable home prices in the North Texas region, with medians around $195,000
- Historic Baker Hotel restoration project bringing renewed tourism and investment
- Close to Possum Kingdom Lake and Lake Mineral Wells State Park for outdoor adventures
- Scenic Palo Pinto County landscape with rolling hills and the Brazos River valley
- Approximately one hour west of Fort Worth with improving infrastructure connections
FAQ
Frequently Asked Questions
What is the Baker Hotel and why does it matter for Mineral Wells?
The Baker Hotel is a 14-story Art Deco landmark built in 1929 during the mineral water tourism boom. After decades of vacancy, a major restoration project is underway to convert it into a boutique hotel and spa. The project is expected to boost tourism, create jobs, and revitalize the downtown economy.
How affordable is Mineral Wells compared to DFW?
Mineral Wells offers some of the lowest home prices in the broader North Texas area, with median prices around $195,000. That is roughly half the median price in Fort Worth and a fraction of DFW suburban prices, attracting buyers looking for maximum value.
What outdoor activities are near Mineral Wells?
Lake Mineral Wells State Park offers hiking, rock climbing, mountain biking, and camping just minutes from town. Possum Kingdom Lake, about 45 minutes west, is one of the clearest lakes in Texas with excellent boating and fishing. The Brazos River also runs through the area.
Ready to Explore Mineral Wells?
Whether you're buying, selling, or investing in Mineral Wells — Melissa Weiner brings the expertise and local knowledge to help you succeed.
