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300 Compass Way
Bluff Dale, Texas 76433-4597

County: Erath Mountain Lakes Sec 1

AMAZING views from this beautiful 5-acre tract in Mountain Lakes Ranch! Softwoods and hardwoods are scattered throughout, providing privacy and a natural treed buffer between lots. Walking trails throughout the property invite you to explore and enjoy the peaceful surroundings. A seasonal creek with small waterfalls adds character and charm, while a partially cleared area offers a great potential building site. Water and electricity are available at the front of the property, and there is no required timeline to build. 1,400 sq. ft. minimum living space. Annual assessment is just 295 a year. A small storage building is also included. Enjoy breathtaking Texas sunsets, star-filled skies, and abundant wildlife. Mountain Lakes Ranch offers two lakes, a clubhouse, pool, park, walking path, community garden, and RV park. Conveniently located in Bluff Dale along Highway 377 between Stephenville and historic Granbury. Come experience country living at its finest!

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Essential Information

  • Price$120,000
  • Reduced By$5,000
  • Cumulative Days on MarketUnlock
  • MLS® #21385010
  • Acres5.01
  • TypeLand
  • Sub-TypeUnimproved Land
  • StatusActive Under Contract
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Quick Valuation Analysis from 31 Active and 30 Sold Listings

Pricing Trends from 31 Active Listings in Mountain Lakes

This Home's Price $120,000 This Home's Price Per SqFt $
Average Price $105,215 Average Price Per SqFt $
Highest Price $294,000 Highest Price Per SqFt $
Lowest Price $41,500 Lowest Price Per SqFt $

Pricing Trends from 30 Sold Listings in Mountain Lakes

This Home's Price $120,000 This Home's Price Per SqFt $
Average Price $94,702 Average Price Per SqFt $
Highest Price $233,000 Highest Price Per SqFt $
Lowest Price $20,000 Lowest Price Per SqFt $

Property Details

School Information

Community

  • Address300 Compass Way
  • SubdivisionMountain Lakes Sec 1
  • CityBluff Dale
  • CountyErath
  • StateTexas
  • Zip Code76433-4597
  • HOAMandatory
  • HOA Fees$295
  • HOA Fees FrequencyAnnually
  • FeaturesBoat Ramp, Campground, Club House, Community Dock, Community Pool, Fishing, Fitness Center, Jogging Path/Bike Path, Lake, Park, Playground, RV Parking
  • UtilitiesCo-op Electric, Co-op Water
  • Taxes1107

Exterior

  • Lot DescriptionAcreage, Cleared, Many Trees, Subdivision

Additional Information

  • ZoningResidential

Private Listing Information (Registration Required)

Listing Details

  • AgentTammy Dill
  • OfficeThe Trusted Property Advisors
  • Office Contact817-578-6191

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Listing information last updated on November 8th, 2026 at 8:45am CST.