Parson Pond Dam, located in Oakville, Iowa, is a privately owned structure designed by SCS with a primary purpose of fire protection, stock, or small fish pond. Completed in 1989, the earth dam stands at a height of 30 feet and stretches 400 feet in length, with a storage capacity of 72 acre-feet. Situated on the TR-Iowa River in Louisa County, the dam is regulated by the Iowa Department of Natural Resources and undergoes regular inspections, enforcement, and permitting to ensure its safety and compliance with state regulations.

Despite its low hazard potential and moderate risk assessment, Parson Pond Dam has not been condition rated and lacks an emergency action plan. The spillway type is uncontrolled, and the dam's surface area covers 5 acres within a drainage area of 0.17 square miles. While the dam has not been modified in recent years and does not have outlet gates or associated structures, its location and design make it an important feature for fire protection and wildlife habitat in the area. Water resource and climate enthusiasts may find this dam's history and characteristics intriguing, as it serves multiple purposes while being managed by a private owner under state jurisdiction.