38 County Road 550, Mullin, TX 76864

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.

At $1.95 million for 256 acres, 38 County Road 550 in Mullin, TX 76864 gives you a large Mills County farm-ranch holding at roughly $7,617 per acre. 38 County Road 550 sits in northwest Mills County near the U.S. Highway 84/183 corridor and FM 573, about 12 minutes from Goldthwaite and about 30 minutes from Brownwood, which is a strong mix of privacy and day-to-day access.

This is the kind of ranch that stands out because the groundwork is already in place. The land has rolling terrain, live oak cover, open pockets for food plots, seasonal tributaries, a pond, and multiple private homesite options across the 256-acre tract. Wildlife infrastructure is already part of the ranch, with habitat work, feed, and water improvements that support whitetail and year-round recreational use. For buyers looking at Central Texas land as both a lifestyle asset and a long-term store of value, that matters more than decorative language ever will.

The improvement package also gives this property more functionality than a typical raw land listing in Mullin. There is a hunting cabin with a covered porch, air conditioning, a full bath, water filtration, and instant hot water. The homesite area also includes an RV hookup, a newer water well, a newer electric meter, and fiber optic internet access. On a rural Farm-Ranch property in Mills County, those details change how quickly you can use the land and how much money you need to spend after closing.

Because this is a land-focused Farm-Ranch listing, there is no reported residential square footage, no published bedroom or bath count, and no listed year built for a primary residence, so price per square foot is not applicable here. The better metric is price per acre, and this one comes in around $7,617 per acre. The property has also been on the market for 472 days, which gives buyers time to study the land, water, access, and hunting potential without rushing.

For school context, the property is served by Mullin Independent School District, including Mullin Elementary School and Mullin High School. Public school rating data is limited on major portals for a district this small, so families should verify current accountability information directly with Mullin ISD and the Texas Education Agency. What life at 38 County Road 550 offers is clear: room to build, room to hunt, room to hold, and a piece of Texas land with practical upside that should age well over time.