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For sale
  • $6,700,000

    501 Grimes Rd, Mineral Wells, TX 76067

    5beds
    6,114sqft
    : 
    Farm, Single Family Residence
    Built in 2019
    69.89 Acres Lot
    $5,988,800 Zestimate®
    $1,096/sqft
    $-- HOA

    What's special

    Sparkling poolStone fireplaceDramatic rock fireplaceSeasonal creekWall of windowsBack patioPremium appliances
    Nestled in the rolling hills of Mineral Wells, this remarkable 69± acre estate combines refined luxury with the serenity of wide-open Texas ranch land. At its center stands a custom 6,114± square-foot residence, thoughtfully designed with five bedrooms, five full bathrooms, and two half-baths. Every detail has been carefully curated, blending rustic elegance with modern convenience. Inside, you’ll find expansive living spaces anchored by a dramatic rock fireplace and soaring wood-beamed ceilings. The chef’s kitchen is a true showpiece, featuring premium appliances, dual dishwashers, a spacious pantry, and a functional layout designed for both entertaining and everyday living. You'll love the butler's pantry that provides additional storage. A wall of windows brings the outdoors in, connecting seamlessly to the back patio and sparkling pool, where sweeping views of the surrounding countryside set the stage for unforgettable gatherings. The master suite is a private retreat, complete with its own stone fireplace, spa-inspired bathroom, and an oversized closet with custom finishes. Additional bedrooms are equally well-appointed, offering comfort and privacy for family and guests alike. Beyond the home, the ranch is built for both leisure and function. Rolling pastures, mature trees, and ample space provide endless opportunities for recreation, livestock, or hay production. There is a seasonal creek that run through the property. The property also features a 125' x 250' covered arena-perfect for any discipline, an 18-stall horse barn, and a Priefert walker, making it ideally suited for any equine needs. This estate offers a rare combination of luxury, seclusion, and versatility—just minutes from Mineral Wells and within easy reach of the DFW Metroplex. This house is a rare find! It was recently featured in the Cowgirl Magazine!
    87 days
    |
    454
    |
    52
    |

    Zillow last checked: 8 hours ago

    Listing updated: October 08, 2025 at 11:11am

    Listed by:

    Lane Cooper 0750847 417-331-9125,

    Keller Williams Heritage West 817-441-4000

    Source: NTREIS,MLS#: 21057897

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 7
    • Full bathrooms: 5
    • 1/2 bathrooms: 2
    Primary bedroom
    • Level: First
    • Dimensions: 0 x 0
    Living room
    • Level: First
    • Dimensions: 0 x 0
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Double Oven, Dishwasher, Disposal, Microwave, Range, Refrigerator, Some Commercial Grade, Vented Exhaust Fan, Warming Drawer, Wine Cooler
    • Laundry: Laundry in Utility Room
    Features
    • Wet Bar, Built-in Features, Chandelier, Cathedral Ceiling(s), Dry Bar, Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Loft, Open Floorplan, Pantry, Vaulted Ceiling(s), Natural Woodwork, Walk-In Closet(s)
    • Has basement: No
    • Number of fireplaces: 3
    • Fireplace features: Living Room, Primary Bedroom, Outside
    Interior area
    • Total interior livable area: 6,114 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 5
    • Parking features: Additional Parking, Circular Driveway, Garage, Garage Door Opener
    • Attached garage spaces: 3
    • Carport spaces: 2
    • Covered spaces: 5
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Pool features: In Ground, Pool, Waterfall
    Lot
    • Size: 69.89 Acres
    Details
    • Additional structures: Barn(s)
    • Parcel number: R000058620
    • Horses can be raised: Yes
    • Horse amenities: Arena, Barn, Indoor Arena, Stock Pen(s), Stable(s), Tack Room, Wash Rack

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Farmhouse
    • Property subtype: Farm, Single Family Residence
    • Attached to another structure: Yes
    Materials
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Year built: 2019

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Septic Available, Water Available

    Community & HOA

    Community
    • Subdivision: T & P Rr Co Surv Abs #1541 Sec
    HOA
    • Has HOA: No
    Location
    • Region: Mineral Wells

    Financial & listing details

    • Price per square foot: $1,096/sqft
    • Tax assessed value: $1,547,580
    • Annual tax amount: $21,574
    • Date on market: 10/8/2025
    • Listing terms: Cash,Conventional,1031 Exchange
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    Estimated market value

    $5,988,800

    $5.69M - $6.29M

    $6,802/mo

    Price history

    Price history
    DateEventPrice
    10/8/2025Listed for sale$6,700,000-2.9%$1,096/sqft
    Source: NTREIS #21057897 Report a problem
    9/30/2024Listing removed$6,900,000$1,129/sqft
    Source: NTREIS #20634889 Report a problem
    6/5/2024Listed for sale$6,900,000-1.4%$1,129/sqft
    Source: NTREIS #20634889 Report a problem
    6/3/2024Listing removed--
    Source: NTREIS #20341162 Report a problem
    6/2/2023Listed for sale$7,000,000$1,145/sqft
    Source: NTREIS #20341162 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$20,773 +5.9%$1,547,580
    2023$19,607 -28.7%$1,547,580 -8.9%
    2022$27,510 +0.2%$1,699,190

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $43,761/mo
    Principal & interest
    $33264
    Property taxes
    $8152
    Home insurance
    $2345

      Climate risks

      Neighborhood: 76067

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Perrin
      • Middle: Perrin
      • High: Perrin
      • District: Perrin-Whitt Cons ISD

      Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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