Contact Information

Carrie Sieger

JTACR Real Estate Group

CONTACT BROKER

Price: $495,000
Purchase Method: Cash, New Loan
Listing ID: 4147680
Posted On: Dec 8, 2023
Updated On: Jul 16, 2024

Description

JTACR Real Estate Group is pleased to present Countryside RV Farm: a shovel ready, fully approved development site for a proposed 96-site community.

Current infrastructure includes an on-site septic system and public water with Sturnevant Water Supply. The seller is in the process of upgrading the water lines to 4-inch lines from the existing 2-inch lines. Electricity is with Oncor and is run to the house from the road. Oncor has given an informal approval to the development.

The property is just over 50 miles west of the bustling DFW Metroplex, providing potential residents with a perfect balance of peaceful country living with big city amenities nearby. The 12 acres of property can provide space for up to 96 pad sites creating outstanding income potential.

Location

BAKER HOTEL
Originally opened in 1929 by T.B. Baker for a reported $1.2 million, it was the first air-conditioned hotel in Texas and boasted an Olympic-sized swimming pool and spa attracting thousands to enjoy the healing waters of Mineral Wells.
The Baker Hotel Development Partners, LLC and its affiliates —in conjunction with support from the city of Mineral Wells —will revive the 14-story Spanish Colonial Revival tower to feature a fully-renovated collection of 165 guest rooms and amenities — including a spa, convention and business facilities, event ballrooms, and restaurant, coffee shop and retail options. The local mineral springs that once drew celebrities from around the world, will be utilized again, along with modernized amenities adapted to the lifestyle of the modern-day guest. Blending historic architectural design with new technology, the hotel will offer expanded guest rooms and gracious public spaces to host weddings, special events, conventions and the sojourning weekenders.

CRAZY WATER HOTEL
Mineral Wells is centered around a remodeled and restored Crazy Water Hotel. Many historic details are still intact throughout the remodeled hotel, which reopened in 2018. Thehotel originally was built atop a famous mineral water well back in 1912. Its massive first floor includes the a restaurant and the Crazy Coffee & Water Bar serving coffee and smoothies. A local brewer offers beer brewed with Crazy Water; and several boutiques are open for shopping in the pavilion.

ECONOMIC DEVELOPMENT – AIRPORT EXPANSION
Envision Mineral Wells is a collaborative effort between community stake holders, the Mineral Wells Area Chamber of Commerce and the City of Mineral Wells to identify, prioritize and act on the goals for the future of Mineral Wells in the coming decade.
This 501 (c)(3) nonprofit seeks to increase the economic competitiveness of Mineral Wells; maintain a competitive workforce; encourage community redevelopment; provide the basis for quality infrastructure & mobility; promote quality of life; and promote community pride.
The Mineral Wells Airport is undergoing a major initiative to grow and promote the airport expansion. The initiative is prioritizing the following goals: ❖Attract high-quality aviation businesses to the airport ❖Expand overall use of the airport ❖Maintain a safe, attractive, high quality, customer focused, efficient airport ❖Develop the airport into the most effective aviation business facility west of the DFW Metroplex—the place to grow your business!

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