15 WATERWOOD LOOP, MINERAL WELLS, TX 76067
Homes for sale in Mineral Wells.
Homes for sale in 76067.
List Price$350,000
15 Waterwood Loop
Mineral Wells, TX 76067
Listing #21314901
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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