6,492 Acres in Henrietta, TX - $11,107,000
LONE STAR RANCH
Location: 8 miles east of Henrietta, Texas on U.S. Hwy 82. Ranch is located approximately 90 miles north of Dallas and Ft. Worth and 30 miles east of Wichita Falls, TX.
Terrain:Beautiful rolling hills with lush valleys, tree covered creek and river bottoms. Vegetation on the ranch consists of many large hardwood and other miscellaneous trees with an unbelievable amount of native and improved grasses. Many fields of irrigated and sub-irrigated coastal Bermuda grass.
Water:This ranch is very well watered by Little Wichita River, numerous earth tanks, and lakes. Water wells are from major underground reservoirs.
Improvements:Main house is a very nice, 4 bedroom rock home. A nice 4 bedroom ranch manager home, a nice 3 bedroom farm manager house, and trailer house for laborers. There is a livestock show barn, and a really nice auction barn which seats about 400. Al...
Improvements:Main house is a very nice, 4 bedroom rock home. A nice 4 bedroom ranch manager home, a nice 3 bedroom farm manager house, and trailer house for laborers. There is a livestock show barn, and a really nice auction barn which seats about 400. Also includes kitchen, large dining area, offices and restrooms. There are many other barns, overhead feed storage bins, and shop areas. The ranch is well fenced and cross fenced to be worked easy with minimal labor. There are 2 irrigation circles in coastal Bermuda.
Operations:The owner operates this ranch as a registered cattle ranch, wheat and hay farm. The pastures are well configured that it allows the owner only to have 2 employees for operation.
Recreation:This area makes for outstanding quail, dove, and duck hunting; generally deer in this area make the record books each year.
Minerals: Owner will convey 1/2 of the minerals that he owns.
Price:Priced well in line with other ranches in the area, but well improved. Price is $1750 per acre or $11,107,000 total. Cattle equipment is also available in part or total.
Taxes: $18,835.00 per year ( Ag-Use)
Income Potential:The income potential on this ranch is extremely good compared to others in Texas. Owner states you could run approximately 1000 cows, plus sell many bales of coastal hay, harvest a substantial amount of wheat to operate a high end hunting operation. Owner keeps his bull calves to breeding age, has his bull sale, then pays the ranch overhead with the month to month sale of his left over bulls.
Comments:You must see this ranch to appreciate the potential, pride of ownership and see the depreciable value that could go on the books.