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    501 Grimes Rd Mineral Wells, TX 76067

    For Sale
    $6,700,000

    Farm/Ranch - Mineral Wells, TX

    Type:Farm
    Property size:
    6,114 SF
    Lot size:
    69.89 Acres
    Days on Market:
    59
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 501 Grimes Rd

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    Bathrooms
    7
    APN
    R000058620
    Parking features
    Driveway, Garage
    Interior features
    Built-in Features, Built-in Wine Cooler, Cathedral Ceiling(s), Chandelier, Decorative Lighting, Double Vanity, Dry Bar, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Loft, Natural Woodwork, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-in Closet(s), Wet Bar
    Fireplace
    1
    Appliances
    Dishwasher, Garbage Disposer, Microwave, Oven - Double, Range, Refrigerator, Warming Drawer, Washer
    Size
    6,114 SF
    Lot size
    69.89 Acres

    Utilities

    Heating system
    Central, Fireplace(s)
    Cooling system
    Central Air

    Building Details

    Year built
    2019
    Floors in Building
    1
    Roof type
    Composition
    Architectural style
    Ranch

    Keller Williams Heritage West (817) 441-4000 [email protected]

    Listing agent Lane Cooper (817) 441-4000 License #0750847

    Listing date Oct 8, 2025

    MLS# 21057897 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

    Luxury Ranch Estate with Covered Arena

    This 69-acre estate, situated in Mineral Wells, Texas, features a 6,114 square-foot custom residence with five bedrooms, five full bathrooms, and two half-baths. The home's design blends rustic elegance with modern convenience, showcasing expansive living spaces, a rock fireplace, and wood-beamed ceilings. The chef’s kitchen includes premium appliances, dual dishwashers, a spacious pantry, and a butler's pantry. A wall of windows connects the interior to the back patio and pool area. The master suite features a stone fireplace, spa-inspired bathroom, and an oversized closet with custom finishes. Additional bedrooms offer comfort and privacy. The property includes rolling pastures, mature trees, and a seasonal creek. Equestrian facilities include a 125' x 250' covered arena, an 18-stall horse barn, and a Priefert walker. The ranch is suitable for recreation, livestock, or hay production. This estate is located minutes from Mineral Wells and within reach of the DFW Metroplex.
    Property Profile Location Intelligence

    Current Use by Public Records

    RPX Enterprises Home Goods Store

    Suggested Use

    Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Mineral Wells
    County
    Palo Pinto
    State
    Texas
    Longitude
    -98.0250202
    Latitude
    32.90461404

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    FAQs

    What type of property is this?
    Horse & equestrian property - 69-acre Mineral Wells estate with luxury home and equestrian facilities.
    Where is this horse & equestrian property located?
    The property is located at 501 Grimes Rd Mineral Wells, TX.
    What is the asking price?
    The asking price for this property is $6,700,000.
    What are key features of this property?
    This property features: - 69± acre estate featuring a custom 6,114± sq ft residence, offering luxury, seclusion, and versatility.; - Equine facilities including a 125' x 250' covered arena, 18-stall horse barn, and Priefert walker.; - Chef's kitchen with premium appliances, dual dishwashers, spacious pantry, and functional layout.
    (817) 441-4000
    Request Owner's contact information
    501 Grimes Rd Mineral Wells, TX 76067
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    Mineral Wells, TX 76067
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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.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    501 Grimes Rd Mineral Wells, TX 76067
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