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2006 Papa 51 Ltd. CO. Thunder MustangExperimental Aircraft • Justin, TX, USA

This 2006 Papa 51 Ltd. Co. Thunder Mustang, registration N167BF, is offered for sale at $420,000 and presents as a high-performance experimental aerobatic single with a remarkably low total time of just 402 hours on the airframe. The engine, a 750 HP Falconer V-12, has 332 hours since major overhaul, and the MT 4-blade propeller has only 90 hours of service. The aircraft has just undergone a thorough condition inspection in November 2025 by a Thunder Mustang expert, along with a pitot static and altimeter inspection, ensuring it is airworthy and ready for its next owner. The seller notes no damage history.

The panel is a modern glass setup,...

Year
2006
Make
Papa 51 Ltd. CO.
Series
Thunder Mustang
Model
Thunder Mustang
Tail #
N167BP
Serial #
Not Listed

Find similar aircraft

Specifications

Category
Experimental
Intended Use
Classic / Antique, Military / Warbird, Recreational, Aerobatic
Flight Rules
VFR & IFR
Seats
2

Hours, Logs & Inspections

Total Time
410 hrs
Engine 1 Time
340 hrs (SMOH)
Prop 1 Time
70 hrs (SMOH)
Inspection Status
November 2025 Condition Inspection by Thunder Mustang Expert, November 2025 Pitot Static and Altimeter Inspection

Avionics

GPS

Garmin GNS 430W - GNS (Com/Nav/WAAS GPS)

AP

Garmin Autopilot - GFC

PFD

Garmin G3X - 10.6" (EFIS)

EMS

MVP 50

Comms

Garmin GTR 20 - GTR (Remote Com)

Audio

Garmin GMA 245

ADSB

Garmin GTX 23 - GTX (ADS-B Out)

ADS-B In

Garmin GDL 52R - GDL (ADS-B

Transponder

Garmin GTX 23 - GTX GDL (ADS-B)

Additional Equipment

Oxygen System

Mountain High O2D1 - System installed and operational

Battery Charger

Tug

AC Air T1V2 - AC (separate purchase)

Cabin Oxygen System

Mountain High O2D1 - System Installed and Operational

Covers

Bruces Custom Cover Pitot, Engine, and Cooler Plugs

Spare Parts

Spare main tire, tailwheel tire, brake linings, and other parts

Engine Monitoring System

MOTEC - Dual ECUs (MOTEC)

Electrical System

Dual Batteries and Alternators

Cooling System

Dual Oil Pumps and Coolers

Harness

4-Point Harness

Baggage Compartment

Baggage Compartment Behind Rear Seat

Aircraft Cover

Bruces Custom Cover

Plugs

Pitot, engine, and cooler plugs

Interior & Exterior

Interior Year
2006
Paint Year
2006
Interior Notes
Dual Controls, 4-Point Harness, Baggage Compartment Behind Rear Seat
Exterior Notes
Stunning Yellow and Blue

Engine & Propeller

Engine Type
Piston
Engine Count
1
Engine Make
Ryan Falconer Industries
Engine Model
Falconer V-12
Engine Power
750 HP
Propeller Model
MT-Propeller MTV-16-1-E-C 4 Blade

Asking Price

$420,000

Aircraft Location

Justin, TX, USA

Listing Details

Used
For Sale

Price History

Aug 11, 2026: $420,000 - barnstormers

Jul 31, 2026: $420,000(-$15,000) - trade-a-plane

Jul 6, 2026: $435,000 - barnstormers

+2 more price changes

Contact Seller

First Seen: Apr 20, 2025

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Asking Price

$420,000