Listing provided courtesy of COBB RANCH PROPERTIES, LLCMLS# 20927683MLS ProviderContact Information: Tai Cobb Klam - 254-253-0157
  • 419 days on site
  • 9 views

Rare offering, a panoramic lakefront homesite on the Bosque County side of Lake Whitney. Spanning approx. 7 acres, this historic property has been in continuous family ownership since the late 1870s and is the original site of the Owen Ranch Headquarters. Set on the headwaters of King Creek, the land offers elevated, unobstructed views of Lake Whitney’s western shoreline. This is an ideal setting to build your dream lakefront home, vacation getaway, or legacy estate. With its size and natural features, the property also presents potential for a custom home builder or developer to design a private retreat or subdivide for multiple lake-view homesites. Adding to its uniqueness, the land overlooks a pristine, undeveloped 146-acre peninsula owned by the Owen family, helping protect your views from future development and preserving the natural beauty and peaceful surroundings for years to come. The newly developed Whitney Ridge Marina is just a few miles away, a premier facility offering 200 covered boat slips with hydrohoist options and lease-to-own availability. Amenities include nightly and yearly slip rentals, dock box storage, a fully stocked ship store, on-site fuel, three boat ramps, a fishing pier, and daily and annual boat ramp passes, plus a food truck for convenience. Three boat ramps are within a 5- to 15-minute drive, including the King Creek boat house area, Walling Bend Park, and Whitney Ridge Marina, providing easy access to Lake Whitney. Whether you're a buyer looking to create a personal sanctuary or a builder seeking a one-of-a-kind development opportunity, this rare lake lot offers history, privacy, and stunning views in a desirable location. The property includes site utilities such as electricity and a shared water well system, but requires a private septic system. Concessions are granted for installing a private well and septic system. Sellers will also provide a 12-month slip rental of the buyer’s choice at Whitney Ridge Marina.

Source: North Texas MLS, MLS#: 20927683

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  • Property Type
    Land
  • Lot
    7.00 acres

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Pamela Buske

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 477 Private Road 1601


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/20/2026Source: North Texas MLS Price Reduction
$1,395,000 -12.5%
5/21/2026Source: North Texas MLS Price Reduction
$1,595,000 -11.1%
5/7/2026Source: North Texas MLS Price Reduction
$1,795,000 -10.0%
4/2/2026Source: North Texas MLS Price Reduction
$1,995,000 -20.0%
5/6/2025Source: North Texas MLS Added to Database
May 06, 2025