Paragon Realtors Real Estate

Tbd Highway 148Petrolia, TX 76377Price: $11,500,724

  • Price: $11,500,724
  • Est. Mortgage of $/month
  • 129 Days on Market
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $11,500,724List Price
  • 3112.51Acreage

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Listed by Blaine Covington of Texas Hunting Land. LLC (817-350-4617)
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.

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Based on information submitted to North Texas Real Estate Information Services as of May 15, 2026 10:01 AM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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