172.27 Acres in Mineral Wells, TX - $646,000

Palo Pinto Co. = 172.2

DOBBS VALLEY RANCH

Mineral Wells, Palo Pinto County, Texas

Size 172.272 Acres, approximately 8 acres are across the road and seller would consider surveying this out due to the division.

Location North of the I-20 and Hwy 281 intersection at Santo, north on Hwy 281, cross the Brazos River continue to Dobbs Valley Rd, turn right, go 2.5 miles to Ranch Connection sign on left. This ranch is an easy 35 minute drive into Fort Worth.

Terrain The ranch is level pasture at the entrance sloping to the west with draws running through the ranch. Approximately 70% of the ranch is wooded and offers excellent hunting and recreational activities. Timber in the area includes cedar, oak, and pecan. Palo Pinto County is mountainous country and the views from this ranch of the surrounding mountains are spectacular.

Water Excellent stock tank and opportunity to build a large lake i...

Water Excellent stock tank and opportunity to build a large lake in one of the deep draws. There is water well with electricity at the hunters cabin.

Wildlife Whitetail deer, wild turkey, dove, raccoons, possums, bobcats, occasional mountain lion and a variety of songbirds

Rainfall The County has an average annual rainfall of 30.13 inches and is drained by the Brazos River. Temperatures range from an average low of 33 F in January to an average high of 96 F in July; the growing season lasts 221 days.

Improvements There is a small frame ranch house used as hunters headquarters as well as a barn/storage building. The property is fenced on 3 sides with the north side being open.

Minerals There are no minerals with the ranch.

Price $646,020.00 ($3750 per acre)

History William A. A. (Bigfoot) Wallace surveyed the frontier in 1837 and may have been the first white in the area that is now Palo Pinto County. The original settlers in the region, including Oliver Loving, Charles Goodnight, and Reuben Vaughn, established cattle ranches there in the mid-to-late 1850s. These pioneers had Indian neighbors who raised corn and grain to supplement their game hunting; there were six groups of Indians, numbering 1,000 people, living along the Brazos in 1850. Though Vaughn and other early settlers apparently cultivated friendships with the Indians, as more whites moved into the region the relations between the two peoples became strained, particularly because of the senseless aggression of some whites. The Brazos Indian Reservation, founded in 1854, held destitute bands from several tribes-Delawares, Shawnees, Tonkawas, Wichitas, and Caddos. All Indian depredations, whether perpetrated by free Comanches or Kiowas passing through the region or by reservation Indians from Indian Territory, were attributed by terrified settlers to Indians from the Brazos reservation. In 1867 cattlemen Oliver Loving and Charles Goodnight established the famed Goodnight-Loving Trail to western markets. The Texas and Southwestern Cattle Raisers Association was formed in Palo Pinto County in 1877.

Comments This is a great property and location and the opportunities are abundant for recreation, grazing, cattle/horse/exotics. A home could be built on this ranch with easy access into the metro-plex. There is a nice supply of beautiful and highly sought after rock on the ranch and the marketing of that asset could be cultivated.