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For sale
    • Price cut: $200K (3/17)
    $6,500,000

    501 Grimes Rd, Mineral Wells, TX 76067

    5beds
    6,114sqft
    : 
    Farm, Single Family Residence
    Built in 2019
    69.89 Acres Lot
    $5,855,200 Zestimate®
    $1,063/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!
    167 days
    |
    1,212
    |
    64
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 17, 2026 at 08:53am

    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: $1,063/sqft
      • Tax assessed value: $1,304,380
      • Annual tax amount: $21,574
      • Date on market: 10/8/2025
      • Cumulative days on market: 168 days
      • Listing terms: Cash,Conventional,1031 Exchange
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        Estimated market value

        $5,855,200

        $5.56M - $6.15M

        $7,422/mo

        Price history

        Price history
        DateEventPrice
        3/17/2026Price change$6,500,000-3%$1,063/sqft
        Source: NTREIS #21057897 Report a problem
        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
        2025$17,040 -18%$1,304,380 -15.7%
        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
        2021$27,464 +192.9%$1,699,190 +24.5%
        2020$9,375 +22767%$1,364,780 +206.4%
        2019$41 -2.6%$445,370 +20.9%
        2018$42 -0.9%$368,320
        2017$42 -0.4%$368,320 +6.8%
        2016$43 +9.2%$345,000
        2015$39 $345,000 -10.4%
        2014$39 $385,000

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $41,046/mo
        Principal & interest
        $33138
        Property taxes
        $7908
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          Climate risks

          Neighborhood: 76067

          Getting around

          0 / 100
          Car-Dependent
          25 / 100
          Somewhat Bikeable

          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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