This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/25
$350,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/25
Property Description
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.
Full Property Details
Full Property Details for 15 Waterwood Loop
General
- Price: $350,000
- Taxes: $7
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21314901
- Updated: Today (6/27/2026)
- Added to Site: Today
Location
- County: Palo Pinto
- Subdivision: Brazos Mountain Ranch Ph 1
- Driving 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.
School Information
- Elem School District: Palo Pinto ISD
- Midd School District: Palo Pinto ISD
- High School District: Palo Pinto ISD
- Elementary School: Palo Pinto
- Middle School: Palo Pinto
- High School: Palo Pinto
Community
- Gated community: Yes
Utilities
- Water: Well
- Well: Yes
- Utility Description: Electricity Connected, Underground Utilities, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural, Cattle, Grazing, Livestock, Unimproved, Vacant
Lot Features
- Property View: Water
- Lot Size (Acres): 6.5
- Lot Size (Sq. Ft.): 283,140
- Frontage: Private Road, All Weather Road, Asphalt
- Lot Features: Acreage, Agricultural, Cleared, Interior Lot, Many Trees, Subdivision, Waterfront
- Development Status: Site Plan Approved, Streets Installed
- Zoning: Residential
- Fencing (Description): Barbed Wire, Partial
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: River Front, Waterfront
- Boat Dock Slip: Yes
Financial Considerations
- Tax Amount: $7
- Terms: Cash, Conventional, 1031 Exchange, FHA, USDA Loan, VA Loan
Disclosures and Reports
- Documents Avail.: Plat, Aerial
- Legal Description: ACRES: 6.500 BRAZOS MOUNTAIN RANCH PH 1 LOT 8
- Disclosures/Rstr.: Deed Restriction, Familial Relation, Owner Is Listing Agent
- Property ID: 566077
- Lot Number: 80
Listed by The Atkins Agency, Stephanie Van Houten
Get Pre-Approved Today
Schools
Schools serving 15 Waterwood Loop
School District:Palo Pinto Independent School District
| Name | Grades | Distance |
|---|---|---|
Palo Pinto Elementary School 821 Oak Street, Palo Pinto, TX 76484 | PK-6 | 6.3 mi |
Mineral Wells High School 3801 Ram Boulevard, Mineral Wells, TX 76067 | 9-12 | 9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15 Waterwood Loop
Date
Details
Price
Change
Source
6/27/2026
Listed
$350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 15 Waterwood Loop
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7
—
$560
-100%
2023
$7
-100%
$260,000
-7%
2022
$4,282
42720%
$279,500
34%
2021
$10
—
$208,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 15 Waterwood Loop
15 Waterwood Loop, Mineral Wells, TX 76067 (MLS# 21314901) is a Lots/Land property with a lot size of 6.5 acres. 15 Waterwood Loop is currently listed for $350,000 and was received on June 27, 2026. Want to learn more about 15 Waterwood Loop? Do you have questions about finding other Lots/Land real estate for sale in Mineral Wells? You can browse all Mineral Wells real estate or contact a Coldwell Banker agent to request more information.

