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$185,000
2 Beds 2 Baths 21191992 MLS
Charming Colonial-style home full of character and opportunity! This beautiful property features a welcoming front porch perfect for relaxing evenings, plus a convenient breezeway connecting the home to the garage. Situated on a spacious corner lot, the large backyard offers endless possibilities — including a boat carport and plenty of room for outdoor entertaining, gardening, or future additions. Inside, you’ll find generous square footage with abundant storage throughout, providing flexibility to fit your lifestyle needs. Whether you're looking to customize, expand, or simply enjoy the classic charm, this home offers incredible potential. All of this — priced below tax appraisal — making it an exceptional value you don’t want to miss!

316 E Spring St, Henrietta

$46,000
3 Beds 2 Baths 21140892 MLS
Opportunity awaits just minutes outside of downtown Petrolia! This double-wide mobile home sits on a spacious 1-acre lot with full highway frontage outside city limits, offering plenty of room for expansion, redevelopment, or rental potential. Ideal for investors, flippers, or buyers looking to add value. The property offers a quiet, rural feel while still being conveniently close to town amenities. With ample space for parking, outdoor storage, or future improvements, this lot provides flexibility for multiple investment strategies. Whether you’re looking to rehab the existing home, set a new manufactured home, or hold as a long-term investment, this property presents strong potential at an affordable entry point. Don’t miss this chance!

701 State Highway 148 N, Henrietta

$1,824,550
21146470 MLS
Located just four miles north of Henrietta, Texas, the Yellow House Ranch is a versatile North Texas ranching and recreational property encompassing approximately 401 acres in Clay County. Featuring expansive native grass prairies and an attractive hardwood-lined creek bottom along the southern portion of the property, this ranch offers an excellent balance of productive grazing land and high-quality wildlife habitat. Turkey Creek flows near the southern boundary of the ranch, providing scenic views, natural drainage, and exceptional hunting opportunities for trophy whitetail deer, Rio Grande turkey, wild hogs, and varmints. The ranch has been primarily operated as a cattle property, with well-managed native grasses that have been maintained throughout the acreage. Access is excellent, with extensive frontage along FM 1197, one livestock pond, and a windmill water well providing water for both livestock and wildlife. The terrain is well-drained, with gently rolling topography sloping south toward Turkey Creek, making the property both highly functional and visually appealing. The Yellow House Ranch represents a rare opportunity to acquire a premier multi-use ranch in North Texas, ideally suited for cattle operations, recreational hunting, and long-term land ownership in a highly desirable and accessible location. Pipe livestock corral, one livestock pond, water well and windmill, electrical utilities across the property, excellent fencing, pipe-gated entrance, and Highway FM 1197 frontage.

TBD Fm 1197, Dean

$7,334,670
21146463 MLS
The Petrolia Ranch is an outstanding North Texas ranching and recreational property encompassing approximately 2,226 acres in northern Clay County. Comprised of expansive native grass prairies and some hardwood-lined creek bottoms, this ranch offers a good balance of productive grazing land and quality wildlife habitat. Long Creek runs the width of the property, providing scenic views and a seasonal water source while supporting exceptional hunting opportunities for trophy whitetail deer, Rio Grande turkey, wild hogs, and varmints. The ranch is primarily operated as a cattle ranch, featuring well-managed native grass pastures that have been aerially sprayed and maintained throughout the property. Improvements include good to excellent fencing with pipe-gated entrances, an established interior road system, and electrical service in place. Pipe corrals are shared with a neighbor and are located near the north entrance to the property, allowing for efficient livestock handling. Access is excellent, with frontage along Highway 79 on the north and Black Road on the south, providing multiple entry points. Surface water is spread across the ranch, with two lakes and two additional ponds, offering dependable water for livestock, wildlife, and recreational enjoyment. The terrain is well-drained, with gently rolling topography across most of the ranch, allowing it to be both functional and visually appealing. The Petrolia Ranch represents an opportunity to acquire a productive ranch of this size in North Texas, well-suited for cattle operations, hunting, and long-term land ownership in a highly desirable area that is minutes from the conveniences of Wichita Falls, Texas. Electricity onsite; two lakes, four and eighteen acres in size as well as two additional ponds; pipe corrals, excellent fencing and pipe-gated entrances; Highway 79 and Black Road frontage.

TBD Hwy 79, Wichita Falls

$11,500,724
21146395 MLS
The Frey Ranch is a premier North Texas ranching and recreational property encompassing approximately 3,112 acres in northern Clay County. Characterized by vast native rolling grass prairies and scenic hardwood-lined creeks, this exceptional ranch offers an ideal combination of productive cattle operations and outstanding hunting opportunities. Long Creek and its tributaries traverse the property, supporting healthy hardwood corridors that provide excellent habitat for trophy whitetail deer, Rio Grande turkey, wild hogs, and varmints. The ranch’s expansive acreage is primarily devoted to a well-managed cattle operation, featuring quality native grasses that have been maintained across the property. The ranch headquarters is conveniently located along Highway 148 between Henrietta and Petrolia. Improvements include a large barn with enclosed space and loafing areas suitable for horses or cattle. Adjacent pipe corrals are fully equipped with a loading alley, dipping vat, working chute, and scales, creating an efficient livestock handling setup. Fencing throughout the ranch is in good to excellent condition, with multiple divided pastures and pipe-gated entrances. Electrical service is available at the headquarters, along with two overhead bulk feeders for livestock. Access is exceptional, with frontage on three sides via Highway 148, Lonestar Road, and Black Road, allowing for convenient entry points throughout the ranch. Surface water is abundant, with nineteen ponds scattered across the property, including a small lake located just across from the headquarters. The terrain is well-drained, with gently rolling topography across most of the ranch, providing both functional grazing and attractive views. The Frey Ranch represents a rare opportunity to acquire a large, contiguous ranch of this caliber in North Texas, offering productive ranching, recreational appeal, and excellent access in a highly desirable location.

TBD Hwy 148, Petrolia