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$350,000

15 Waterwood Loop, Mineral Wells, TX, 76067

Under ContractInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size6.50 acres

Land Information

APN093756800
Lot Number80
SubdivisionBrazos Mountain Ranch
Land UseQualified Ag/Timber Land
Legal DescriptionBRAZOS MOUNTAIN RANCH PH 1 LOT 80 G#B0840-00-00010-080-00-0
Census Tract000300
Assessment Year2025

About this property

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.

Investor Tools

$168,712Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7
$560
2025
N/A
N/A
$258,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7
$560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security Service Fcu
Conventional
$188,000
No
First
Feb 12, 2021
Mar 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,712
N/A
0%
30127%
$1,128/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Mineral Wells

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15 Waterwood Loop | Property Details | No Agent List