Home Highlights
Single-Family Home
256 acre lot
Local Information
-- mins to
About this House
When you step onto Deep Valley Ranch, you’ll immediately sense its rare, private, and peaceful atmosphere. Nestled in the highly sought-after North-Western Mills County, this remarkable property encompasses approximately 256 acres of fertile land. It features rolling Hill Country terrain, surface water elements, and multiple potential secluded homesites. For those seeking a versatile ranch investment ready for hunting season in the thriving heart of Central Texas, Deep Valley Ranch checks all the right boxes. With century-old Live Oaks, sweeping panoramic views, and abundant surface water, this ranch exudes a distinctive charm that sets it apart from other properties in the area. The diverse landscape is a haven for nature enthusiasts, offering plentiful water sources and extensive road frontage that makes it adaptable for various purposes. Whitetail deer are plentiful, and the ranch’s rich biodiversity provides opportunities for a wide range of endeavors to suit your goals. Oak groves dot the landscape, and the rugged terrain is crisscrossed with game trails and exploration zones. Over the past few years, the owner has meticulously developed this property into a premier hunting destination, with food plots, supplemental feed and water, and a carefully managed habitat. Water features are a standout aspect of the ranch, with seasonal tributaries winding through the property and a substantial pond that retains water even during the driest summer months. The property includes a designated homesite with a new, well-appointed hunting cabin featuring a covered porch. The cabin is equipped with air conditioning, a full bath, a water filtration system, and an instant hot water heater. Additionally, there is an RV hookup at the homesite. Modern conveniences include a new water well, a new electric meter, and fiber optic internet access. The property benefits from a wildlife-exemption tax status.
Last check for updates: about 12 hours ago
Listing courtesy of Colton Harbert, (855) 968-1200
Capitol Ranch Real Estate, (855) 968-1200
Source: Unlock MLS, MLS#3243450

Also Listed on Unlock MLS.
Home Details for 38 County Road 550
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MLS Status: Active |
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Appliances & Utilities Utilities: See Remarks |
View View: See Remarks |
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Exterior Home Features Fencing: See RemarksOther Structures: See RemarksNo Private Pool |
Frontage Waterfront: PondRoad Surface Type: See RemarksNot on Waterfront |
Farm & Range Not Allowed to Raise Horses |
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Days on Market: 180+ |
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Property Type / Style Property Type: FarmProperty Subtype: Farm |
Building Not a New ConstructionHas Additional Parcels |
Property Information Parcel Number: R000006998 |
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Price List Price: $1,950,000 |
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Direction & Address City: MullinCommunity: N/A |
School Information Elementary School: Outside School DistrictElementary School District: Mullin IsdJr High / Middle School: Outside School DistrictJr High / Middle School District: Mullin IsdHigh School: Outside School DistrictHigh School District: Mullin Isd |
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Listing Agent Listing ID: 3243450 |
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Lot Area: 256 Acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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Mls Number: 3243450Attribution Contact: (855) 968-1200 |
Around this home
Market trends in Mullin
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
17
1MoM
Home Value
Trulia Estimate
$892KSince last month
Decreased$30K (-3.3%)Since last year
Increased$127K (+16.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -4% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $892K |
| August 2026 | $946K |
| July 2026 | $923K |
| June 2026 | $915K |
| May 2026 | $935K |
| April 2026 | $949K |
| March 2026 | $974K |
| February 2026 | $942K |
| January 2026 | $861K |
2025 | |
2024 | |
2023 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
3.71 | Single-Family Home | - | 03/09/26 | 3 | 2 | 2,242 | |
6.19 | Single-Family Home | - | 04/29/26 | 3 | 2 | 1,763 | |
8.27 | Single-Family Home | - | 06/25/26 | 5 | 3 | 2,148 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.35 | - | Studio | - | - | Off Market |
Price and Tax history
| Date | Event | Price |
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Sep 22, 2024 Source: Unlock MLS #3243450 | Listed For Sale | $1,950,000 |
| Year | Property tax | Tax assessment |
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| 2025 | $325 | $603,020 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Colton Harbert, Capitol Ranch Real Estate, (855) 968-1200
Agent Phone: (855) 968-1200

Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2026-09-17 00:13:58 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is 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. Some IDX listings have been excluded from this website. Click here for more information
Information being provided is 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. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 38 County Road 550
- What is the estimated monthly payment for 38 County Road 550?Based on a $1,950,000 list price with 20% down at today's rates, the estimated monthly payment for 38 County Road 550 in Mullin, TX is approximately $12,128 (about $10,623 principal & interest, $1,430 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What are the closest schools to 38 County Road 550?The closest schools to 38 County Road 550 in Mullin, TX are Mullin High School (Pre-K/Elementary/Middle, rated 3/10).
- What is 38 County Road 550 estimated to be worth?Trulia's estimated value for 38 County Road 550 in Mullin, TX is $892,200.
- How big is the lot at 38 County Road 550?The lot at 38 County Road 550 in Mullin, TX is about 256 acres.
38 County Road 550, Mullin, TX 76864 is a single-family home. This property is currently available for sale and was listed by Unlock MLS on Sep 22, 2024. The MLS # for this home is MLS# 3243450.

