501 Grimes Road

Mineral Wells, TX
$ 6,500,000 Beds 5 Baths 6 Sq 6,114 Virtual Tour
Monthly Estimate* How much can I afford?

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!

Active

  • Price
  • $ 6,500,000
  • City
  • Mineral Wells
  • Bedrooms
  • 5
  • Full Bathrooms
  • 5
  • County
  • PARKER
  • Half Bathrooms
  • 2
  • Area
  • Lot Size
  • 69.89 Acres
  • Zip
  • 76067
  • Sqr Footage
  • 6,114
  • Year Built
  • 2019
  • Taxes
  • $ 21574
  • Style
  • Farm/Ranch
  • MLS#
  • 21057897
Listed By: Keller Williams Heritage West
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central
Cooling Central Air
Utilities Septic,Well
Possession Negotiable
Roof Composition
Appliances Commercial Grade Range,Commercial Grade Vent,Dishwasher,Disposal,Microwave,Double Oven,Refrigerator,Warming Drawer
current use Agricultural,Cattle,Horses,Livestock,Pasture,Ranch,Residential
Number of Garage Spaces 3
School District Perrin-Whitt Cons ISD
Pool Y/N Yes
Year Built 2019
Levels One
Unexempt Taxes 21574
Will Subdivide No
Property Subtype Farm/Ranch
Subdivision Name T & P Rr Co Surv Abs #1541 Sec
Transaction Type For Sale
Carport Spaces 2
County Parker
Property Type Residential
HOA Type None
Number Of Barns 2
Full Baths 5
Status Active
Directions Drive east on US-180. Turn right onto Grimes Road. Continue about half a mile – 501 Grimes Road will be on your right.
City Mineral Wells
Elementary School Name Perrin
High School Perrin
Elementary School Perrin
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21057897
Standard Status Active
Listing Terms 1031 Exchange,Cash,Conventional

Interior Features

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,Natu
Fireplace Features Living Room,Primary Bedroom,Outside
Fireplaces Total 3
Dining Areas 1
Living Areas 2
Number Of Residences 2
Room Count 2
Half Baths 2
Lock Box Type Other
Total Bedrooms 5
Total Baths 7
Laundry Features Utility Room,Full Size W/D Area

Exterior Features

Horse Amenities Arena,Barn(s),Electric to Barn,Equipment Barn,Holding Pens,Indoor Arena,Show Barn,Stable(s),Tack Room,Wash Rack
Parking Features Additional Parking,Circular Driveway,Garage,Garage Door Opener
Lot Size 50 to =< 100 Acres
Covered Spaces 5
Foundation Slab
Pool Features In Ground,Waterfall
Lot Size Area 69.8900
Lot Size Units Acres
Structural Style Farm/Ranch House
Garage Y/N Yes
Lot Size Square Feet 3044408.4000
Lot Size Acres 69.8900
Attached Garage Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Perrin Elementary School
Middle School Unknown Middle School
High School

Price History

10/8/2025 Listed $6,700,000
3/17/2026 3% - $6,500,000

Property vs Zip Code Average in 76067

Price
AVG $400K
$6.5M
Taxes
AVG $4,826
$21,574
Year Built
AVG 1979
2019
Visits
AVG 131
452
Data Provided by Inside Real Estate®

Areas That We Cover

501 Grimes Road Mineral Wells, TX is a Single Family Home for sale at $6500000 with 6114 sqft and a lot size of 69.89 Acres Acre(s). 501 Grimes Road Mineral Wells has 5 bedrooms, 5 baths and was built in 2019. The property's zip code is 76067 which is in Mineral Wells, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.