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$550,000

401 Ballew Springs Road, Weatherford, TX, 76088

$715,000 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,320 Sq Ft
FarmFarm
price_per_sqft$237.07 / sqft
Year BuiltBuilt in 1984

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage
Lot Size1 acre

Building Information

Year Built1984
Stories1
Garage Spaces6

Land Information

APN20304-002-001-00
SubdivisionChristian
Land UseAgriculture / Farming
Legal DescriptionACRES: 1.000 ABST: 304 SURVEY: CHRISTIAN J W
Census Tract140502
Assessed Land Value$31,970
Assessed Improvement Value$325,870
Assessment Year2025

About this property

Rustic Charm Meets Modern Comfort – Your Dream Homestead Awaits! This stunning 2,320 sq. ft. ranch-style log home is full of character, featuring gorgeous woodwork, a soaring vaulted ceiling, and a breathtaking stone wall in the living area that adds warmth and charm. The wraparound porch offers breathtaking views of the surrounding countryside, making it the perfect spot to enjoy your morning coffee or unwind at sunset. Situated on approximately 9.7 acres of fully fenced grazing pastures with two ponds, this property is ideal for livestock, a beehive, a chicken coop, and a year-round garden or greenhouse—all without the restrictions of an HOA! The spacious bedrooms provide comfort for the whole family, while the tranquil primary suite is a true retreat, offering a peaceful escape at the end of the day. An approximately 1,500 sq. ft. workshop provides ample space for equipment, hobbies, or storage. Located just a short drive from Clark Gardens and Mineral Wells State Park & Trailway, you'll have miles of horseback riding, hiking, and outdoor adventures at your doorstep. Enjoy the serenity of the countryside with starry night skies and campfires, while still being close to downtown Mineral Wells. Whether you're looking for a full-time homestead or a weekend retreat, this unique property is a rare find in the cutting horse capital of the world. Don’t miss this opportunity to make it yours!

Investor Tools

Property Icon
$357,840
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$715,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$149/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$357,840
2025
$31,970
$325,870
$357,840
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$357,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Unknown
$466,396
No
First
Jul 22, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$459,575
N/A
0%
128%
$2,797/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: Weatherford

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401 Ballew Springs Road | Property Details | No Agent List