***UNDER CONTRACT***

271.58 Acre Brazos River Farm

5200 Dobbs Valley Road, Millsap, Texas

QUICK FACTS:

Price: $3,496,592.50 – No owner financing or division
Acreage / Size: 271.58 acres
Location: Southeast of Mineral Wells on the Palo Pinto / Parker County line
River Frontage: 966 ft of Brazos River with 120-ft bluff view
Homes: Historic 1880s homestead (partially restored in 1990s)
Water: 2 water wells (1 active & 1 non-functional), stock ponds, wet-weather creek, Brazos River 
Terrain: 50% open pasture and 50% wooded (live oak, elm, cedar, post oak, mesquite)
Minerals: Seller owns 100% mineral rights; conveys with property (2 producing petroleum wells generating approx. $900/month)
Wildlife: Deer, turkey, hogs, and more
Taxes (2024): $600 (with agricultural exemption)
Access: Private, with railroad tracks below bluff near the river

LOCATION

Located 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 featuring a blend of open meadows and pastures (approximately 50%) and scattered to dense tree cover (approximately 50%) including live oak, elm, cedar, post oak, and mesquite. Historically used for cattle grazing 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.  Two water wells – No. 1 well is at the front at 160 feet deep and services the house.   A No. 2 well is 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.

OTHER COMMENTS

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

Mac A. Coalson

Mac A. Coalson

Senior Real Estate Broker, Lic. # 126839
Mac A. Coalson has been selling Farms & Ranches for 54 years and in the ranching business for over 60 years.

Office: 940-682-7751
Cell: 817-925-3333

McAllen F. Coalson

McAllen F. Coalson

Broker, Lic. # 362005
McAllen F. Coalson is the eldest son and is also licensed as a real estate broker in Texas. He is a born and raised Texan with interests in hunting and guns.

Office: 940-682-7751
Cell: 817-991-8300

DISCLAIMER:
All information contained herein has been obtained from sources deemed reliable. No representation or warranties, either expressed or implied, are made as to its accuracy by the brokerage or its agents. This information is subject to change, withdrawal, error, omission, correction, or prior sale without notice. Seller may receive and accept backup contracts.