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    New Hope Rd Palo Pinto, TX 76484

    New
    For Sale
    $165,000

    Unimproved Land - Palo Pinto, TX

    Type:Unimproved Land
    Lot size:
    5.98 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 11 at 1:06 am

    Property Features for New Hope Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    566958
    Lot size
    5.98 Acres

    Taxes and HOA fees

    Expense value
    910
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

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

    Listing agent Heidi Mayer (817) 441-4000 License #0818420

    Listing date Dec 5, 2025

    MLS# 21124979 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

    Scenic Acreage with Water Access

    This 5.984-acre property, located in a gated countryside setting, offers panoramic views of the surrounding hills and Palo Pinto Mountains. It includes direct access to a 3.75-acre shared lake, with the property boundary extending to the center of the lake. The land features mature trees, native grasses, wildlife, and rock formations. A cleared build site is in place, and high-speed internet and electricity are available on-site. Paved asphalt roads provide access throughout the property. Residents have access to a 5-acre private riverfront community park with access to the Brazos River. The property is AG exempt through a required cattle grazing association. Owners may fence up to one acre to preserve the exemption across the community. The property is located minutes from Possum Kingdom Lake, Lake Palo Pinto, and the new Palo Pinto Mountains State Park. It is 20 minutes to Mineral Wells, 50 minutes to Weatherford, 60 minutes to Fort Worth, and 90 minutes to Dallas. The property is suitable for building a cabin, barndominium, tiny home, or private retreat.
    Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Palo Pinto
    County
    Palo Pinto
    State
    Texas
    Longitude
    -98.232197
    Latitude
    32.704379

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    FAQs

    What type of property is this?
    Land - 5.984 acres with lake access near Palo Pinto Mountains.
    Where is this land located?
    The property is located at New Hope Rd 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 shared lake with property boundary extending to the center.; - Enjoy panoramic views of surrounding hills and Palo Pinto Mountains from this 5.984-acre property.; - AG exempt property through cattle grazing association, resulting in low taxes.
    (817) 441-4000
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    New Hope Rd Palo Pinto, TX 76484
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    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.

    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
    New Hope Rd Palo Pinto, TX 76484
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