The Witter Ranch, a century-old family property, presents a unique investment opportunity in the Texas Panhandle. This expansive 5,790-acre property offers a diverse range of features ideal for cattle ranching. The centerpiece is over 3,700 acres of native pastureland, featuring buffalo and gramma grasses, enhanced by Frisco Creek. Water sources include an electric submersible pump, a solar submersible pump, and a windmill, ensuring ample water for livestock. A significant portion, 3,178 acres, is currently enrolled in the Grasslands Program, generating an annual payment of $48,622. Additionally, there are approximately 1,589 acres of expired CRP land, with 964 acres under consideration for the Texas Prairie Safe program, potentially yielding over $40 per acre. The ranch also includes irrigated acreage with four quarter-mile sprinklers supplied by three wells (two with turbine pumps, one electric). Recent crop rotations have included corn, milo, and winter wheat. Note that the current tenant owns all above-ground irrigation equipment. Improvements include well-maintained working pens, a 1,400+ sq ft home (requiring repairs), and a 4,800 sq ft barn. Access is provided by a county road bisecting the property, with a paved road forming part of the eastern boundary. The ranch's proximity to Stratford, Texas (county seat, less than 30 minutes away), Texhoma, Oklahoma (15 minutes), and numerous feedlots within an hour, provides convenient access to marketing and support services for agricultural operations. This exceptional property offers a compelling blend of established income streams and significant potential for future growth. Asking price: $7,300,000.
Highlights
$7,300,000 asking price for 5,790 acres of Texas Panhandle land.
Located in Sherman County, Texas, near Stratford and Texhoma, Oklahoma.
Features 3,178 acres enrolled in the Grasslands Program, generating $48,622 annually.
Includes approximately 1,589 acres of expired CRP, with potential for enrollment in the Texas Prairie Safe program.
Improvements include a 1,400+ sq ft home (needs repairs), a 4,800 sq ft barn, and well-maintained working pens.
Land - 5,790-acre cattle ranch, excellent investment.
Where is the land located?
The property is located at Xxx Stratford St Stratford, TX.
What is the asking price?
The asking price for this property is $7,300,000.
What are key features of this property?
This property features: $7,300,000 asking price for 5,790 acres of Texas Panhandle land.; Located in Sherman County, Texas, near Stratford and Texhoma, Oklahoma.; Features 3,178 acres enrolled in the Grasslands Program, generating $48,622 annually.
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Contacts
Bart Miller
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Xxx Stratford St Stratford, TX 79804
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