5F Ranch

5F Ranch | Texas
Property Types:
Acreage,
Farm,
Fishing Land for Sale,
Home with Acreage,
Hunting Land for Sale,
Land for Sale,
Mineral, Water, Wind Rights Land,
Ranches for Sale,
Recreational Land

$19,995,000 | 2,609.00 ACRES | AVAILABLE

Layne Walker

Overview

  • Price: $19,995,000
  • Acreage: 2,609.00
  • ID: 443
  • Location: Decatur, Texas
  • County: Wise
  • Status: Available
  • Water Rights: Available
  • Wind Energy Rights: Available
  • Mineral Rights: Available
Property Description

Package: Land, Minerals, Cattle and Equipment Price: $19,995,000
Land Price Only: $ 16,995,000

The 5F Ranch was first established in 1973 and currently covers approximately 2,609 +/- acres.  The ranch started as 1,245 acres with several contiguous parcels being added by the family over the years. The property is located in the growing DFW Metroplex area just north of Decatur, Texas.  Properties of this size with longtime family ownership are rarely available in this area.

The 5F Ranch has it all!!  LOCATION - MINERALS – EQUIPMENT – LIVESTOCK – WATER – FARMING – RANCHING – HUNTING/FISHING and fast approaching DEVELOPMENT POTENTIAL.  This property has road frontage from 6 roads and access from three sides with 23 exterior gate entrances.  The north and west side of the ranch front on F.M. 1655 for approximately 2.4 miles with several entrances.    County Road 1490 enters the ranch from the north with access on the east from Highway 287, Private Road 1494, Hubbard Street and Wickham Street.

Location:

5F Ranch is located in northern Wise County, 10 miles north of Decatur, Texas.  Highway 287 borders the property and Highway 380 is minutes away for quick travel in any direction.  The small town of Alvord is just east of the ranch with Alvord I.S.D. servicing the area.  The property is only 50 miles from Ft. Worth and 78 miles from Dallas.  DFW International Airport, with flights daily to most destinations in the world, is less than an hour away.

Livestock/Farming/Equipment:

The ranch has traditionally been operated as a cow/calf operation along with harvesting coastal Bermudagrass hay.  The land can support an estimated 750 pairs on an annual basis while still maintaining a hay operation.

The hay farming operation currently consists of approximately 600 acres of coastal Bermudagrass, including an 84 acre irrigated circle pasture.  There is another 400+/- acres that could be transitioned to coastal Bermudagrass if desired.  With this acreage, the ranch is capable of producing an estimated 3,000 to 9,000 round bales a year depending on weather.  In addition, another 600 acres is used to produce wheat for grazing.

Improvements:

The property is more than adequately improved for the day to day ranching operations.  The headquarter improvements consist of two main houses on an elevated hilltop for the owner/ranch manager or employees. Another home is located a short distance down the road near the barns and shipping/working pens.  Several other small homes and a mobile home are located across the ranch.  Roads on the property are in good condition with many cattle guards throughout the ranch.

Homes:                                           6

Vinyl-clad house #1                     1,535 +/- square feet

Vinyl-clad house #2                     1,000 +/- square feet

A Frame house                             800  +/- square feet

Metal home/steel roof                  2,400 +/- square feet

Mobile Home                                1,800 =/- square feet

Magnolia Historic Apt.                800 +/- square feet (attached garage)

Buildings:

3 – 40’X60’ barns
7 – smaller storage buildings
1 – 75’x120’ antique commercial brick building

Corrals:    12 pens w/ squeeze chute and cattle scale

The 5F Ranch is cross-fenced into many pastures.  All fences are in good to excellent condition and are maintained in great shape by the experienced ranch hands.

Water Features:

The ranch is very well watered.  Over 40 ponds are scattered throughout the property.  Pastures have ponds strategically located for ease of cattle rotation as needed and there are water well-supplied tanks placed around the ranch for additional water for livestock.  Several ponds are more than an acre in size, currently full due to seasonal rains.  There is one large rock quarry lake that ranges in size from 10 to 17 acres depending on rainfall.  This water is used to run the center pivot sprinkler on an 84 acre coastal field.

There are 4 creeks that run through portions of the ranch.  The creeks are Big Sandy Creek, Elm Creek, Chicken Creek and Muddy Creek.  Big Sandy Creek is a large, beautiful creek that runs from north to south through the property holding water year-round.  There are also 3 springs and 18 water wells across the ranch.  14 wells are electric with 8 currently powered and 1 bucket style well.

All structures on the ranch currently use well water.  City water is available if needed.  Electricity is provided by Wise County Electric Co-op.

Hunting/Wildlife/Recreation:

The property is home to wildlife species including whitetail deer, turkey, wild hogs and bobcats.  Currently the ranch is leased for hunting to a longtime friend, but the lease could be terminated upon purchase.  Dove and duck hunting should be great in season along the creeks and numerous ponds.  Fishing is also available in the many ponds across the ranch.  The beautiful, rolling terrain is very conducive to riding ATV’s, motorcycles or horses on the scattered trails or motocross track along with swimming in the large quarry lake.  There are always activities for everyone to enjoy.

Resources:

There is scattered oil and gas production on the ranch.  Both traditional and horizontal drilling technology has been used with many wells still producing.  The owner will transfer all owned minerals under the 2,600 +/- acres including deep and shallow mineral rights.  Additional information including seismic data, geological, and geophysical reports are available to qualified buyers.

In addition to income derived from the oil and gas royalty production, other sources of income include hunting lease, cattle sales and hay sales.  Future sand and gravel sales are also a potential source of income.  The hunting is leased on a year to year basis.

Price and Remarks:

The 5F Ranch is priced as a package with all owned minerals which is believed to be 100% on an estimated 2,600 +/- acres. The ranch is also offered land only with no minerals included.

Package: Land, Minerals, Cattle and Equipment Price: $19,995,000
Land Price Only: $ 16,995,000

Brokers Comments:

The 5F Ranch is a one of a kind, property ready to operate with everything included.  This beautiful ranch is being offered for sale after almost 50+ years of continuous family ownership. Two full time employees currently live on the ranch and would be willing to stay with the new owners.  Whether you are looking for a Legacy Ranch for your family, recreational ranch to hunt and fish, income generating cattle ranch with oil income or a development opportunity close to the booming DFW Metroplex, this ranch deserves a look.  Currently there are numerous residential real estate developments and opportunities springing up in the vicinity.                                        

Property Summary

Activities & Amenities
  • ATV/Off Road
    Barn
    Cattle/Ranch
    Corrals/Pens
    Creek
    Development Potential
    Electricity
    Farm/Crops/Ag
    Food Plots
    Gated Entrance
    Grain Storage
    House
    Income Producing
    Irrigation
    Lake
    Mineral Rights
    Overhead Feed Bins
    Pond
    Rural Water
    Stock Tank
    Water Rights
    Water Well
    Wildlife Feeders
Hunting
  • Dove
    Ducks
    Hog
    Turkey
Fishing
  • Bass
    Catfish
Farming
  • Hay
    Wheat
Livestock
  • Cattle
Land Details
  • Total Acres: 2,609.00
  • Zoning: Agricultural
  • Topography: Rolling
  • Wind Energy Rights: Available
  • Irrigated Acres: 80.00
Building Details
  • Homes: 6
  • Bedrooms: 6+
  • Bathrooms: 6+
  • Outbuildings: 6+
  • Other Improvements:

    3 – 40’X60’ barns

    7 – smaller storage buildings

    1 – 75’x120’ antique commercial brick building