Active Under Contract

15 Waterwood Loop

15 Waterwood Loop, Mineral Wells, TX 76067

$350,000

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.

6.5 Acres lot

Stephanie Van Houton

Stephanie Van Houton

Features & Amenities

Area & Lot

  • Status Active Under Contract
  • Lot Area6.5 Acres
  • MLS® ID21314901
  • TypeLand
  • NeighborhoodPalo Pinto County
  • Water FrontageRiver Front, Waterfront
  • View DescriptionWater
  • Elementary SchoolPalo Pinto
  • Middle SchoolPalo Pinto
  • High SchoolPalo Pinto
  • School DistrictPalo Pinto ISD

Exterior

  • water SourceWell
  • utilitiesElectricity Connected, Underground Utilities, Water Available
  • lot featuresAcreage, Agricultural, Cleared, Interior Lot, Many Trees, Subdivision, Waterfront

Financial

  • Sales Price$350,000
  • Real Estate Tax $7/yr
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