About This Home

This land at HWY 148 in Petrolia, TX is listed for $11,500,724 (3112.51 acres).

Key Features

  • 3112.51 acre lot
Listing Description

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.

Location

HWY 148

Petrolia, TX 76377

AB 374 PARKER CSL BLK 68

Questions & Answers

This 0-bedroom, 0-bathroom land at HWY 148 is listed at $11,500,724. The estimated monthly payment is $61,508 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 3112.51 acre lot.

This property is listed by Blaine Covington.

BC

Blaine Covington

Agent at Rustic Star Real Estate, LLC

Listed by Rustic Star Real Estate, LLC · Broker phone: (817) 350-4617 · View on Broker Site · Broker website

MLS# 21146395· Source: North Texas Real Estate Information Systems, Inc.· 12 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HWY 148, Petrolia, TX 76377

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