$4,700,000
●
House -
In Contract
10501 Mitchell Bend Court
Granbury, TX 76048
3 Beds
2 Baths
2,085 Ft²
$23,078
Est. Monthly
About This Property
112-acre SUNSET VALLEY RANCH - a rare Brazos River frontage retreat
just 15 minutes south of Granbury and 15 minutes north of Glen
Rose. This hidden gem offers 2,440 feet of riverfront, a
picturesque pecan bottom, expansive coastal field, dramatic
elevation changes with long views, and over 3,500 feet of quiet,
dead-end road frontage on Mitchell Bend Ct.
The property includes a well-maintained 2,085 sq ft rock home (3 bed-2 bath) with a sunroom that overlooks the river, plus ag-exempt status for tax advantages. Water resources are exceptional: a 75 GPM water well and abundant river access. Improvements include a newly renovated 72×78 slabbed barn with electricity and water, cattle working pens, and all-new front fencing with a new pipe entrance and automatic gate opener.
Versatile uses: turn-key cattle or horse ranch with hay production, a private recreational or event venue, or a development opportunity given the water assets and acreage. Move-in ready home, strong infrastructure, and scenic privacy make this a one-of-a-kind offering.
The property includes a well-maintained 2,085 sq ft rock home (3 bed-2 bath) with a sunroom that overlooks the river, plus ag-exempt status for tax advantages. Water resources are exceptional: a 75 GPM water well and abundant river access. Improvements include a newly renovated 72×78 slabbed barn with electricity and water, cattle working pens, and all-new front fencing with a new pipe entrance and automatic gate opener.
Versatile uses: turn-key cattle or horse ranch with hay production, a private recreational or event venue, or a development opportunity given the water assets and acreage. Move-in ready home, strong infrastructure, and scenic privacy make this a one-of-a-kind offering.
Unit Size
2,085 Ft²
Days on Market
-
Land Size
112.35 acres
Price per sqft
$2,254
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 months ago (NTREIS #21163010)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 1, 2026 | No longer available | - | |
| No longer available | |||
| Jun 13, 2026 | In contract | - | |
| In contract | |||
| May 29, 2026 | In contract | - | |
| In contract | |||
| Apr 22, 2026 | Listed by Clark Real Estate Group | $507,500 | |
| Listed by Clark Real Estate Group | |||
   | |||
|
Discover the perfect blend of utility and tranquility on this stunning 10+ acre Brazos River frontage estate. Located on a quiet County Road in Hood County, this property is ideally positioned for convenience between the charming towns of Granbury and Glen Rose.
Boasting highly desirable Ag-Exempt sandy loam soil, the land is dotted with majestic Oak and Pecan trees, offering a picturesque setting for your custom home or ranch. The topography features three distinct elevation changes from the road down to the river, providing breathtaking, panoramic views while maintaining plenty of expansive, level building sites.
This is a premier location for horse enthusiasts and livestock owners alike. The area is renowned for its exceptional water wells—the adjoining property features a well producing an impressive 75 GPM! Whether you are looking to build your dream homebase, establish a weekend retreat, or invest in quality riverfront acreage, this property delivers on every front.
Call today to schedule a private tour and experience these views in person!
| |||
| Jan 25, 2026 | Listed by Clark Real Estate Group | $4,700,000 | |
| Listed by Clark Real Estate Group | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Driveway, Electric Gate, Garage, Garage Door Opener, Garage Faces Front, Epoxy Flooring
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Double Vanity, Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Walk-In Closet(s)
Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Vented Exhaust Fan
Flooring Type: Tile
Laundry Features: Electric Dryer Hookup, Washer Hookup, Utility Room, Full Size W/D Area
Has Fireplace
Fireplace Features: Living Room, Stone, Wood Burning
Fireplaces: 1
Exterior Details
Square Footage: 2085
Security Features: Smoke Detector(s)
Architectural Style: Ranch
Year Built: 2015
Waterfront Features: River Front
Levels: One
Other Structures: Barn(s), Outbuilding, Shed(s), Storage, Workshop w/Electric
Construction Materials: Wood Siding, Rock/Stone
Patio and Porch Features: Covered
Lot Features: Agricultural, Cleared, Many Trees, Pasture, Rolling Slope, Sloped, Waterfront, Acreage, Bottom, Oak, Tank/ Pond, Water/Lake View
Lot Size Area: 112.35
Lot Size Units: Acres
Lot Size Acres: 112.35
Lot Size Square Feet: 4893966
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric, Wall/Window Unit(s)
Heating Type: Central, Electric, Fireplace(s)
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
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HOA + Taxes
About Hood
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Listed by: Brad Harrison, Clark Real Estate Group
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 21163010
Details provided by NTREIS and may not match the public record
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 21163010
Details provided by NTREIS and may not match the public record
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