15 WATERWOOD LOOP, MINERAL WELLS, TX 76067

Homes for sale in Mineral Wells.

Homes for sale in 76067.


Active

List Price$350,000

15 Waterwood Loop

Mineral Wells, TX 76067

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Listing #21314901

6.5

Acres

Lots / Land

Type

About This Property

Discover a rare riverfront land opportunity designed for those who value privacy, natural beauty, and long-term investment potential. Set within a gated community, this exceptional property offers over 500 feet of river frontage and some of the most commanding views in the subdivision--arguably one of the premier river lots in the community. With multiple potential building sites thoughtfully positioned to capture sweeping river and countryside views, the property provides an ideal canvas for a custom estate, executive retreat, private weekend escape, or legacy investment. Mature oak trees are beautifully scattered throughout the land, creating a refined, secluded setting with an unmistakable sense of place. Much of the groundwork has already been done. A driveway with a strong road base is in place for convenient access, underground electric lines have been run to the property with 330-amp electric service. The well produces an impressive 20 gallons per minute, which is above average for the area and community--an important advantage for future improvements. Located approximately 10 miles from local shopping, dining, and everyday conveniences, this property offers the perfect balance of seclusion and accessibility. The Cattle Grazing Association helps maintain the agricultural exemption, with 2025 property taxes reported at only $7, adding meaningful holding-cost appeal. Deed restrictions prohibit mobile homes, helping preserve the character, quality, and value of the community. Owners also enjoy access to a gated setting with a 5+ acre community park and private river access, enhancing the lifestyle and recreational value of the property. With rare river frontage, remarkable views, mature trees, strong existing infrastructure, and favorable tax advantages, this is a standout opportunity to create a high-end private retreat, build a distinctive custom residence, or secure a unique long-term land investment in one of the area's most scenic settings.

Property Features

Location Information

County

Palo Pinto

Subdivision

Brazos Mountain Ranch Ph 1

Interior Features

Has Fireplace

No

Exterior Features

Utilities

Electricity Connected, Underground Utilities, Water Available

Road Description

Private Road, All Weather Road, Asphalt

Fencing

Barbed Wire, Partial

Waterfront Description

River Front, Waterfront

Lot Description

Acreage, Agricultural, Cleared, Interior Lot, Many Trees, Subdivision, Waterfront

Has Waterfront

Yes

Lot Size in Acres

6.5

Has View

Yes

Lot Size in Sq. Ft.

283,140

View Description

Water

Current Use

Agricultural, Cattle, Grazing, Livestock, Unimproved, V

Is One Story

No

Zoning

Residential

Lot Description

Acreage, Agricultural, Cleared, Interior Lot, Many Trees, Subdivision, Waterfront, River Front, Waterfront

Development Status

Site Plan Approved, Streets Installed

School

Elementary School District

Palo Pinto ISD

Jr. High School

Palo Pinto

Elementary School

Palo Pinto

High School

Palo Pinto

Additional Information

Property Type

LL

Tax Annual Amount

7.0

Property SubType

Unimproved Land

Community Features

Boat Facilities, Gated, Park, Community Mailbox

Status

Active

Documents Available

Plat, Aerial

Has a Home Owners Association

No

Similar Listings

Mortgage Calculator

$1,633

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,261

Monthly Tax

$291

Monthly Insurance

$81

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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