Listing provided courtesy of The Atkins Agency- MLS# 21314901MLS ProviderContact Information: Stephanie Van Houten

15 Waterwood LoopMineral Wells, TX 76067

Vacant Land · 6.50 Acres
$350,000 Active

15 Waterwood Loop Overview

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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.

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15 Waterwood Loop Facts & Features

  • Type Vacant Land
  • Lot 6.50 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Palo Pinto ISD
  • Elementary School: Palo Pinto
  • Middle Or Junior School: Palo Pinto
  • High School: Palo Pinto

Business Information

  • Current Use: Agricultural,Cattle,Grazing,Livestock,Unimproved,Vacant

Location/Region

  • Country: US
  • County Or Parish: Palo Pinto
  • Postal City: MINERAL WELLS
  • Subdivision Name: Brazos Mountain Ranch Ph 1

Community/Development

  • Community Features: Boat Facilities,Gated,Park,Community Mailbox
  • Development Status: Site Plan Approved,Streets Installed

Tax Information

  • Tax Annual Amount: 7.0

General Information

  • Disclosures: Deed Restriction,Familial Relation,Owner Is Listing Agent
  • Listing Terms: Cash,Conventional,1031 Exchange,FHA,USDA Loan,VA Loan
  • Parcel Number: 566077
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Acreage,Agricultural,Cleared,Interior Lot,Many Trees,Subdivision,Waterfront
  • Lot Size Acres: 6.5
  • Lot Size Area: 6.5
  • Lot Size Square Feet: 283140.0
  • Lot Size Units: Acres
  • Road Surface Type: Asphalt
  • Water Source: Well

Waterfront/View

  • Waterfront Features: River Front,Waterfront
  • Waterfront: Yes

General Information

  • Fencing: Barbed Wire,Partial
  • Road Frontage Type: Private Road,All Weather Road
  • Utilities: Electricity Connected,Underground Utilities,Water Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

15 Waterwood Loop Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

15 Waterwood Loop Market Data

Based on the last 30 days in this zip code

$423,179
Average List Price
$211
Average Price per Square Foot
10
Properties Sold
100
Average Days on Market
142
Properties for Sale
Calculations provided by Reliance Network


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