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For sale
  • $1,595,000

    3399 Peterson Rd S, Iowa Park, TX 76367

    4beds
    5,538sqft
    : 
    Single Family Residence
    Built in ----
    74.4 Acres Lot
    $1,552,700 Zestimate®
    $288/sqft
    $-- HOA

    What's special

    Dining roomSafe roomSpiral staircaseFamily room with fireplacePrimary bedroom with fireplaceLarge laundry room
    ABOUT THIS PROPERTY Nestled on the shores of Horseshoe Lake and flowing waters of the Wichita River and Buffalo Creek, Horseshoe Bend Cellars Vineyard & Winery, a 74 Acre gem hidden away, offers a combination of countryside lifestyle and business opportunity. An ideal investment for a winemaker or entrepreneur looking to make their own mark in Texas, or continue the current thriving brand with name recognition, award-winning wines, and a loyal club. Enjoy the tranquility from the balcony of the Tasting Room listening to the wildlife and the flowing waters. Immerse yourself in the luxury living in the beautiful 5,538SF, 4-bedroom, 4.5-bath home while relaxing on your front porch listening to the waters of the barrel fountain with a lavish view of the vineyard. The tasting room is open Thursday-Sunday so drop by and experience the hospitality while you enjoy food and drinks. PROPERTY HIGHLIGHTS VINEYARD & LAND Exceptional Wines Begins with Exceptional Vines Established .5 Acre Vineyard is irrigated (North of Home) (Maturity of Vines, 5yrs) 2.5 Acre (approx.) Vineyard is non-operational with irrigation in place (South of Home) 50 (approx.) Tillable Acres for additional vineyard planting, livestock or other sources of amenities 4.5 Acre (approx.) Hemp Field (non-operational) (Soil Tested by Texas A&M Agrilife) Wichita River, Buffalo Creek & Horseshoe Lake surrounds the property High-Fencing has been installed for both vineyards to keep harvest strong Potential Landing Strip (North of Winery Building) Irrigation Ditch (concrete) FEMA Flood Zone Trails to accommodate the events and for the Harvest Host members to walk around and enjoy the country setting Their wines range from sweet wines including Kirsche, Pink Lady, Concord, and their famous Life's a Peach and Black Stallion to dry wines such as Desperado Red, Chardonnay, and Cabernet Sauvignon. Orders can be placed through their Wine Club consisting with over 300+ Members. IMPROVEMENTS Built in 1998, the lavish state-of-the-art 8,058 square foot metal building contains a full-scale Production Vineyard & Winery Operation with over 20 Texas wines to sample in their permitted tasting room. The building also houses the 4 Fermentation Tanks, Crush Pad, prep area with ice maker and wine storage, barrel aging (102 barrels full of 5 differed Red Wines) required to create, produce and bottle the Horseshoe Bend Cellars Vineyard & Winery labeled estate wines on site. On the 1st level, the air-conditioned tasting room has seating for 40 guests, with a kitchen and serving bar, bathroom and an outdoor seating area under a new pergola next to the peach tree and the “New Beginnings†custom painted horse statute designed by a local artist. You will find seating for 60 guests on the 2nd level providing additional space to hold events, business office, storage room, and a balcony overlooking the vineyard and fields. There is ample room for parking accommodating RV guests and events. RESIDENTIAL HOME At the back of the property boasts a 2000, Two-Story, 5,538 SF, 4-bedroom 4.5 bath home. It features a wine cellar that holds 520 bottles and safe room, eat-in kitchen with a commercial grade stove and refrigerator, dining room, family room with fireplace, large laundry room, primary bedroom with fireplace, primary bathroom with built in TV, dual sinks, walk-in shower and his/her closets, office/library and oversized 2-car garage all on the first level. Head up the spiral staircase to two additional bedrooms with a Jack & Jill bathroom, down the bridge with breathtaking views of the backyard to another large bedroom suite, media and game room with wet bar. As you look out your front patio you will hear the running waters of the barrel fountain with a lavish view of the vineyard. With breathtaking views outside the back covered patio enjoy the 2nd vineyard and open fields, while you watch the wildlife run to Wichita River and Buffalo Creek for water. No HOA, No Deed Restrictions, Ag-Exempt-LOW TAXES. BUSINESS EVENTS Many events are hosted as additional revenue stream, including but not limited to Wine Tastings, Cheese Pairings, Painting, Wine by the Glass, Winery Tours, Business Functions & Meetings, Holiday Parties, Private Parties, Music Events, Birthdays & Anniversaries, Murder Mystery Dinners, 5K Runs with wine tasting stations, Neighborhood Watch Program-Flight for Life, Bridal Showers, Weddings, Standard Tasting Events and complimentary tours. UTILITIES City Water (1 meter for Home and Winery Building) Transformer (2-200 AMPS) (West of House) 220 Amp in Fermentation building Security System Electric (x2 Meters) Propane Tank Septic Tanks (x2) Home Septic Tank (x1) Winery Building A/C Units (x2) Residential Home A/C Unit (x1) Tasting & Banquet Rooms A/C Unit (x1) Barrel Room A/C Unit (x1) Bottling Room Hot Water Heater (x1-Electric) Winery Building 10' Concrete Irrigation Channel that runs under the driveway and flows down to Buffalo Creek. Seller can purchase water from the County providing unlimited water source to the property. City water is also provided. TAXES Certain parcels of the property is under an agriculture tax exemption POTENTIAL REVENUE STREAM 1031 Exchange Vineyard & Winery Orchard Bed & Breakfast Community Wedding and Performance Center Equestrian Center Family Compound Campground Golf Course – 9 Hole Vacation Rental BUSINESS HISTORY & BACKGROUND In 2017, Horseshoe Bend Cellars Vineyard & Winery was purchased and is a family-owned operated team who share a passion for wine and viticulture and appreciating the hard work and unwavering commitment to their craft. The husband serves as the master winemaker and grower, while his wife and children oversee the hospitality and management of the operation. The Sellers are passionate of their business and treasure their relationships with family and friends. Their mission is to provide a laid-back country experience for individuals to sample and learn about wines, food pairing and the process of making wines, suitable for celebrations and every-day drinking. The sale of the Winery encompasses all real estate and wine-making assets, not including inventory, at time of the sale. Additionally, the business and brand will be transferred to the new owners, ensuring a comprehensive package for a prospective buyer. GENERAL LIST OF ASSETS Full asset list to be provided by agent upon signing an NDA Minerals are excluded Owner Financing Available AREA ATTRACTIONS Sheppard AFB Wichita Falls Farmer's Market ( KMA Oil Field Lake Wichita Park (234 Acres) of hiking, biking, playground, dog park & more Panda Biotech (Operational as of April 1, 2024) RV Park Wichita Falls Regional Airport (Flies into DFW) Wichita Valley Airport Kickapoo Downtown Airport Raceway Park DIRECTIONS: GPS Address Buyer or Buyer's Agent to verify any and all information within including but not limited to square footage measurements of residential home and commercial building, exemptions, taxes, utilities, and schools. Information deemed reliable but not guaranteed by REALTOR. LISTING PROVIDED BY: TREC Broker License #0621035 C: E:
    163 days
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    705
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    23
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    Zillow last checked: 8 hours ago

    Listed by:

    Wendy Johnson, ALC,

    Platinum Land Group 972-757-9383

    Source: REALSTACK,MLS#: 61499

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Features
    • Has basement: No
    Interior area
    • Total structure area: 5,538
    • Total interior livable area: 5,538 sqft
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    Property

    Lot
    • Size: 74.4 Acres
    Details
    • Parcel number: 103069

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Location
    • Region: Iowa Park

    Financial & listing details

    • Price per square foot: $288/sqft
    • Tax assessed value: $939,330
    • Date on market: 9/11/2025
    • Lease term: Contact For Details
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    Estimated market value

    $1,552,700

    $1.48M - $1.63M

    $4,152/mo

    Price history

    Price history
    DateEventPrice
    10/6/2025Price change$1,595,000-11.1%$288/sqft
    Source: NTREIS #20630094 Report a problem
    2/19/2025Price change$1,795,000-12.3%$324/sqft
    Source: NTREIS #20630094 Report a problem
    8/23/2024Listed for sale$2,047,300$370/sqft
    Source: NTREIS #20630114 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025-- $939,330
    2024$4,864 +6.4%$939,330 +10.2%
    2023$4,573 -3.2%$852,395
    2022$4,725 +14.1%$852,395 +24.8%
    2021$4,142 +0.1%$683,279 +5%
    2020$4,136 -1.1%$650,742 +3.1%
    2019$4,183 +2.2%$631,130
    2018$4,092 +3.6%$631,130 +2%
    2017$3,950 +5%$618,943 -3%
    2016$3,763 +25.1%$638,092 +1.7%
    2015$3,008 $627,284 +3.1%
    2014$3,008 $608,452 +1.2%
    2013-- $601,466 +2.8%
    2012-- $585,019 +0%
    2011-- $585,017 -0.3%
    2010-- $586,691 +2.1%
    2009-- $574,821 +2.4%
    2008-- $561,167 -0.1%
    2007-- $561,564 +0.9%
    2006-- $556,820 +0.4%
    2005-- $554,391 +31.2%
    2004-- $422,646
    2002-- --

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $10,309/mo
    Principal & interest
    $7970
    Property taxes
    $2339

      Climate risks

      Neighborhood: 76367

      Nearby schools

      GreatSchools rating

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