Embrace the serenity of Texas with this 5.2+ acre property, offering endless possibilities for your dream home or weekend retreat. This peaceful community provides sweeping views, open spaces, and a chance to relax and reconnect with nature. Landowners benefit from the Cattle Grazing Association, which helps lower property taxes through an ag exemption, making it an even more attractive investment. Enjoy private access to the Brazos River, explore 6 acres of scenic trails, and take advantage of the future Palo Pinto Mountains State Park. Just minutes from Lake Palo Pinto, this property offers the perfect blend of rural tranquility and convenient access to Lone Camp, Santo, Palo Pinto, and Mineral Wells. With chip-sealed roads, electric utilities in place, and river access stairs in progress at River Bend Ranch lot, the infrastructure is ready for your vision. Seize this opportunity to own a beautiful piece of Texas!
Santo Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: From FM-4, go EAST on New Hope Rd. Turn LEFT on Davenport Rd, then immediately RIGHT back onto New Hope Rd. Take a LEFT on Shelby Ranch Dr. Take a LEFT on Shelby Way. Property will be on RIGHT. Sign is on the lot.
Price Information
Listing Price Info
Price Summary:
List Price: $185,000
HOA Fees:
Amount: $910
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Palo Pinto, TX.
Last updated on: 11/2/2024, 11:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,066
Per Month
Principal & Interest
$924
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$75
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$621
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Santo Elementary School
F M 2201
Distance between this listing and this school7.25 miles
Public District Grades PK-5
High School
6
/10
Santo High School
F M 2201
Distance between this listing and this school7.25 miles
Public District Grades 6-12
Assigned Schools
7
/10
Santo Elementary School
F M 2201
Distance between this listing and this school7.25 miles
Public District Grades PK-5
Nearby Schools
8
/10
Palo Pinto Elementary School
821 Oak St
Distance between this listing and this school5.61 miles
Public District Grades PK-6
2
/10
Houston Elementary School
300 SW 13th St
Distance between this listing and this school9.52 miles
Public District Grades 2-3
Nearby Schools
5
/10
Travis Elementary School
1001 SE Mlkj St
Distance between this listing and this school10.20 miles
Public District Grades 4-6
5
/10
Mineral Wells Jr High School
1301 SE 14th Ave
Distance between this listing and this school10.21 miles
Public District Grades 7-8
6
/10
Millsap Middle School
301 E Brazos St
Distance between this listing and this school13.60 miles
Public District Grades 6-8
Assigned Schools
6
/10
Santo High School
F M 2201
Distance between this listing and this school7.25 miles
Public District Grades 6-12
Nearby Schools
7
/10
Mineral Wells Academy
3810 Ram Blvd
Distance between this listing and this school11.68 miles
Public District Grades 9-12
3
/10
Mineral Wells High School
3801 Ram Blvd
Distance between this listing and this school11.98 miles
The neighbors living near this home have an average income of $45,625. Most Palo Pinto, TX residents have annual incomes between $35k-100k. The majority of families are married, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1271 New Hope Rd
What is the listing price of this property?
The listing price of 1271 New Hope Rd property is $185,000.
What type of property is this?
The property 1271 New Hope Rd is land located in Palo Pinto, Texas, 76484.
Is this property for sale now?
Active Listing: 1271 New Hope Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1271 New Hope Rd are: Santo Elementary School: GreatSchools Rating 7/10Santo High School: GreatSchools Rating 6/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1271 New Hope Rd in Palo Pinto, TX and zip code 76484. This home sits on a 5.25 acre lot. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $185,000.
Between September 2024 and October 2024, Palo Pinto, TX real estate market has seen decrease in the number of listings by 21.4%. Listings spent 134 days on the market in October 2024, and had a median list price of $512,450 during the same period.
From Rocket Homes Real Estate and based on county public records data.