
38 County Road 550 Mullin, TX 76864
Estimated payment $10,827/month
About This Lot
Deep Valley Ranch When you step onto Deep Valley Ranch, youll immediately sense its private, and peaceful atmosphere. Nestled in the highly sought-after North-Western Mills County, this remarkable hunting property encompasses approximately 256 acres of Hill Country terrian. It features rolling Hill Country hills, surface water, and multiple potential secluded homesites. For those seeking a versatile ranch investment ready for hunting season in the thriving heart of Central Texas, Deep Valley Ranch checks all the right boxes.
Land & Wildlife: With century-old Live Oaks, sweeping panoramic views, and abundant surface water, this ranch exudes a distinctive charm that sets it apart from other properties in the area. The diverse landscape is a haven for nature enthusiasts, offering plentiful water sources and extensive road frontage that makes it adaptable for various purposes. Whitetail deer are plentiful, and the ranchs rich biodiversity provides opportunities for a wide range of endeavors to suit any goals. Oak groves dot the landscape, and the rugged terrain is crisscrossed with game trails. Over the past few years, the owner has meticulously developed this property into a premier hunting ranch, with food plots, supplemental feed and water, and a carefully managed habitat.
Surface Water: Water features are a standout aspect of the ranch, with seasonal tributaries winding through the property and a substantial pond.
Improvements: The property includes a several homesites and a new, well-appointed hunting cabin featuring a covered porch. The cabin is equipped with air conditioning, a full bath, a water filtration system, and an instant hot water heater. Additionally, there is an RV hookup. Perfect hunting camp!
History: Deep Valley Ranch has a rich heritage, once belonging to a single family for many years in the area known as 'Chesser Valley,' west of Mullin. A Texas State Historical Marker recounts that Chesser Valley was a gathering place for camp meetings, where families would travel from miles around to camp under a grove of Live Oak trees and attend prayer and preaching services near the Chesser home. Many artifacts from this bygone era have been discovered on the ranch, adding a layer of historical intrigue to its natural beauty.
Utilities: Modern conveniences include a new water well, a new electric meter, and fiber optic internet access.
Tax Status: The property benefits from a wildlife-exemption tax status.
Summary: Deep Valley Ranch is an extraordinary property that combines natural beauty, historical significance, and modern amenities. It offers an enticing opportunity for buyers seeking a multipurpose investment in the heart of Central Texas.
Local Area: - Goldthwaite, TX 15 minutes away. Known for its music festival, great food, and rich history, Goldthwaite offers a vibrant small-town atmosphere with excellent shopping and dining options. - Brownwood, TX 45 minutes away. This larger town provides all the conveniences, including a hospital center, major grocery chains, and well-known retail stores.
PID: R000006998 , R000004351 , R000008806 , R000008804 , R000004326
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Showings are done by appointment only with the required 48-hour notice. Listing agent must be present for all showings. No trespassing or unaccompanied showings. Capitol Ranch Real Estate, LLC will work with a buyers agent, however, buyers agent must make first contact and be present for all showings to receive full compenstation at the discretion of Capitol Ranch Real Estate, LLC. Please submit the offer with earnest money 1% of asking price. Contact listing agent for seller preferred title company.
All drawings are neither legally recorded maps nor surveys and are not intended to be used as such. The information contained herein has been obtained from sources deemed reliable, but not guaranteed. All dimensions/boundaries are estminated, and buyer has the right to verify prior to submitting an offer. Any legal and/or property information found on this site and/or third-party sites should be verified before relied upon. Buyers are hereby notified that properties are subject to many forces and impacts, natural and unnatural; including, but not limited to weather-related events, environmental issues, disease (e.g. Oak Wilt, Chronic Wasting Disease, or Anthrax), invasive species, illegal trespassing, previous owner actions, actions by neighbors, and/or government actions. Buyers should investigate any concerns to their satisfaction.
Capitol Ranch Real Estate, LLC does not make any representations, warranties or covenants of any kind or character, whether expressed or implied. The property information, videos and photos herein are copyrighted and may not be duplicated in whole or part.

Property Details
Property Type
- Land
Est. Annual Taxes
- $316
Additional Features
- Current uses include hunting/fishing
- Pond
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $316 | $23,560 | $603,020 | $0 |
2023 | $304 | $22,580 | $397,610 | $0 |
2022 | $301 | $19,550 | $0 | $0 |
2021 | $277 | $347,390 | $347,390 | $0 |
2020 | $247 | $302,840 | $302,840 | $0 |
2019 | $214 | $302,840 | $302,840 | $0 |
2018 | $210 | $0 | $0 | $0 |
2017 | $201 | $0 | $0 | $0 |
2016 | $201 | $0 | $0 | $0 |
2015 | -- | $0 | $0 | $0 |
2014 | -- | $0 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/22/2024 09/22/24 | For Sale | $1,950,000 | +193.0% | -- |
11/20/2020 11/20/20 | Sold | -- | -- | -- |
10/21/2020 10/21/20 | Pending | -- | -- | -- |
10/07/2020 10/07/20 | For Sale | $665,600 | -- | -- |
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