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    190 New Hope Ln Palo Pinto, TX 76484

    For Sale
    $165,000

    Improved Land - Palo Pinto, TX

    Lot size:
    5.11 Acres
    Days on Market:
    49
    Last Refresh:
    Dec 11 at 1:06 am

    Property Features for 190 New Hope Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    566972
    Lot size
    5.11 Acres

    Taxes and HOA fees

    Expense value
    912
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    Trinity Country Real Estate (817) 594-8183

    Listing agent Michelle Reed (817) 594-8183 License #669860

    Listing date Oct 24, 2025

    MLS# 21094650 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land with Lake and Mountain Views

    This 5.106-acre property, known as River Bend Ranch, features a water well producing 20 gpm and direct access to a 3.75-acre lake, with the property line extending to the center of the lake. It also offers views of the Palo Pinto Mountains. A cleared area is available for building a home, cabin, barndominium, or tiny home. High-speed internet and electricity are in place. The land includes wildlife, mature trees, and natural rock formations. River Bend Ranch provides access to a 5-acre riverfront community park and the Brazos River for fishing and water recreation. The community has a gated entrance and asphalt roads. Membership in a cattle grazing association is required to maintain the AG exemption. Located minutes from Lake Palo Pinto and in the Santo ISD, the property is 20 minutes from Mineral Wells, 50 minutes from Weatherford, 60 minutes from Fort Worth, and 90 minutes from Dallas. Owners are allowed to fence 1 acre of land to maintain the ag exemption.
    Location Intelligence

    Current Use by Public Records

    Waterfront Properties

    Suggested Use

    Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palo Pinto
    County
    Palo Pinto
    State
    Texas
    Longitude
    -98.23044275
    Latitude
    32.70897087

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    FAQs

    What type of property is this?
    Agricultural land - 5.106-acre property with water well, lake access, and mountain views.
    Where is this agricultural land located?
    The property is located at 190 New Hope Ln Palo Pinto, TX.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: - Direct access to a 3.75-acre lake with property line extending to the center.; - High-producing water well (20 gpm).; - 5.106-acre property with Palo Pinto Mountain views.
    (817) 594-8183
    Request Owner's contact information
    190 New Hope Ln Palo Pinto, TX 76484
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    190 New Hope Ln Palo Pinto, TX 76484
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