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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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15 Waterwood Loop , Mineral Wells, TX 76067
$350,000
Est. Payment: $1,801.95/mo
0 Bed
0 Bath
0 Sqft
Status: active with contingency | Days on site: 58
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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.

Highlights

Listed by Stephanie Van Houten , The Atkins Agency , North Texas Real Estate Information Systems

Property Type

Vacant Land

Lot/Acreage
6.5

County

Palo Pinto

Neighborhood

Brazos Mountain Ranch Ph 1

School District

Palo Pinto ISD

Listing ID

21314901

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Acreage,Agricultural,Cleared,Interior Lot,Many Trees,Subdivision,Water/Lake View,Waterfront,5 to < 10 Acres,River Front
Zoning:Residential
Principal Interest
$1,802
Taxes
$1

Home Price

$350,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$70,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,801.95

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,801.95 $0.58 $0.00 $1,802.54
Yearly $21,623.42 $7.00 $0.00 $21,630.42
Total $648,702.72 $210.00 $0.00 $648,912.72

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Mineral Wells, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T23:23:04.180Z

© 2026 North Texas Real Estate Information Systems