$3,772,375
$90K PRICE DROP

5200 Dobbs Valley Rd Cool, TX 76066

Estimated payment $24,326/month

Total Views 3,091
2 Beds
1 Bath
800 Sq Ft
$4,715 Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • Pond
  • Pasture
  • River Front
  • 5 Stock Tanks or Ponds
  • Hay Barn

About This Home

293+/- Ac Brazos River Farm
5200 Dobbs Valley Rd, Millsap, Texas 76066


LOCATION:Southeast of Mineral Wells on the Palo Pinto and Parker County line.
Approximate travel times Mineral Wells-18 minutes, Weatherford-32 minutes, Fort Worth-56 minutes.

TERRAIN:Heavily rolling to gently sloping land with 50% open meadows and pastures, and 50% in scattered to thick tree cover including live oak, elm, cedar, post oak and mesquite. Past
use was for grazing cattle and hay production (coastal, rye, and Sudan).

WATER: Approximately 926 feet of coveted Brazos River frontage with a 120-foot-high bluff view to the south. Railroad tracks are parallel to the river below the bluff. Several small
wet weather creeks or tributaries funnel into the river, and 8 stock ponds. Three water wells No. 1 well is at the front at 160 feet deep and services the house. A No. 2 well
which to sellers' knowledge has never run dry. The No 3 well in front of the house is currently non-functional.

IMPROVEMENTS:An old homestead built sometime in the 1880s, which has two of the original log cabin walls, and it was updated in the late 90s. An old barn and cattle pens still in use.

WILDLIFE:Deer, turkey, hogs, etc... The property has not been hunted for deer or turkey since the mid-1980s except for predators.

MINERALS:Seller claims to own all the mineral rights and will convey upon closing and funding. There are also two petroleum wells that produce an average check of approximately
$1,000.00 per month.

PROPERTY TAXES:2024 - $600.00 with agricultural exemption.

COMMENTS:Lots of topography and excellent hunting cover. Below the high bluff view are the railroad tracks near the river. Very private.

PRICE: $12,875.00 per acre. No owner financing or division.


ALL INFORMATION CONTAINED HEREON HAS BEEN OBTAINED FROM SOURCES DEEMED RELIABLE. NO REPRESENTATION OR WARRANTIES, EITHER EXPRESSED OR IMPLIED, ARE MADE AS TO ITS ACCURACY BY SAID AGENT. THIS INFORMATION IS SUBJECT TO CHANGES, WITHDRAWAL, ERROR, OMISSION, CORRECTION, OR PRIOR SALE WITHOUT NOTICE. SELLER CAN RECEIVE AND ACCEPT BACKUP CONTRACTS.

Mac Coalson

Listed on: 05/13/2025

Listing Provided By

Home Details

Home Type

  • Single Family

Lot Details

  • River Front
  • Property fronts a county road
  • Rural Setting
  • Barbed Wire
  • Irregular Lot
  • Many Trees
  • Current uses include agriculture, grazing, hunting/fishing
  • Potential uses include agriculture, grazing, hunting/fishing
  • Soil Types include Other

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Pond
  • Creek On Lot
  • Wildlife includes whitetail deer, ducks, turkeys, doves, hog, deer

Location

  • Easements include electric, natural gas, pipe line
  • Outside City Limits

Farming

  • Hay Barn
  • 5 Stock Tanks or Ponds
  • Loading Chute
  • Pasture
  • Cattle or Livestock Pen
  • Fenced For Cattle

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral

Utilities

  • Overhead Utilities
  • Private Water Source
  • 1 Water Well
  • Septic Tank

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Bedrooms: Beds: 2
  • BathsCombined: 1
  • Office Phone: 940-283-6077
  • Listing Website: https://www.land.com/property/293-acres-in-palo-pinto-county-texas/23512587/
  • Property Type: Residential
  • Property Sub-Type: Single-family Detached
  • Offered By: LandNetwork
  • Outside Features: Cattle Working Pen, Corrals, Fenced for Cattle, Loading Chute
  • Potential Use: Agriculture, Grazing, Hunting/Fishing
  • Number of Stock Tanks: 5-10
  • Number of Ponds: 1
  • Number of Wells: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No
  • Full Bathrooms: 1

Exterior Features

  • Pond: True
  • Waterfront: True
  • Road Description: Gravel/Rock, Outside City Limits, Asphalt, County
  • Fencing: Barbed Wire
  • Wildlife: Whitetail Deer, Ducks, Turkey, Dove, Hog, Deer

Lot Info

  • Current Use: Agriculture, Grazing, Hunting/Fishing
  • Barn Description: Hay Barn
  • Lot Description: Creek, Heavily Treed, Horses Permitted, Irregular, Pasture, Waterfront/Riverfront, Tank/Pond, Varied, Oil or Minerals, Riverfront, Rural
  • Easements: Electric, Natural Gas, Pipe Line
  • Soil Type: Other

Multi Family

  • Utilities Available: Overhead Utilities, Private Water Co., Septic, Well

Map

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Price Changed $3,772,375 -2.3% $4,715 / Sq Ft
05/13/2025 05/13/25 For Sale $3,862,500 -- $4,828 / Sq Ft