
Residential Land for Sale in Mineral Wells, Texas
15 Waterwood Loop, Mineral Wells, TX 76067
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.
Location
- Street address
- 15 Waterwood Loop
- County
- Palo Pinto County
- Zip code
- 76067
- Community
- Brazos Mountain Ranch PH 1
- School district
- Palo Pinto ISD
- Elevation
- 854 feet
Directions
From Mineral Wells head West on HWY 180, take left on Pleasant Valley Road. Drive approximately 4.1 miles. Entry gate is on the right. Address is GPS friendly.
Property details
- Acreage
- 6.5 acres
- Zoning
- Residential
- MLS #
- NTREIS 21314901
- Posted
Property taxes
- Recent
- $7
Parcels
- 566077
Legal description
ACRES: 6.500 BRAZOS MOUNTAIN RANCH PH 1 LOT 8
Details and features
Listing
- Type
- Land
Lot
- View
- Water
- Waterfront
- River Front, Waterfront
- Features
- Acreage, Agricultural, Cleared, Interior Lot, Many Trees, Subdivision
Structure
- Water
- Well
Nearby schools
| Name | Type | District |
|---|---|---|
| Palo Pinto | Elementary | Palo Pinto ISD |
| Palo Pinto | Middle | Palo Pinto ISD |
| Palo Pinto | High | Palo Pinto ISD |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 27, 2026 | New listing | $350,000 | — | NTREIS |
























