CONTRACT PENDING
PARADISE RANCH on POSSUM KINGDOM LAKE is 1060 +/- acres of BOTH a lakefront resort experience and a trophy hunting ranch PLUS a turn-key cattle operation with an AG property tax exemption perfect for the Executive Outdoorsman located a couple hours drive off I 20 west of the DFW Metroplex or a few hours drive East of Midland/Odessa, Texas. This ranch is a rare find as it's only a 10 minute boat ride to the landmark "Hell's Gate" and the only one of it's kind on the entire 63 mile long Possum Kingdom lake reservoir. The ranch is situated above the southwest shores of Possum Kingdom Lake, Texas. The land is nestled between a massive natural preserve and the Possum Kingdom Lake State Park. The jaw dropping feature of the ranch is the unlimited views of Possum Kingdom Lake and Palo Pinto Hill Country.
THE LAND:
This beautiful 1060 acres of land has elevation changes ove...
This beautiful 1060 acres of land has elevation changes over 200 feet with expansive views of the lake and over six miles of improved road for easy access through much of the ranch. There are excellent native browse species such as Hackberry, Liveoak, Postoak, and Skunkbush sumac for deer. Other abundant wildlife includes turkey, quail, dove, hogs, etc Many of the better grasses like Sideoats grams, The State Grass of Texas, Little bluestem, Texas wintergrass, Perennial dropseed, and Buffalograss. 7 Stocked Ponds (2 of which are spring fed). Dove Fields, Deer Blinds, Wildlife Food Plots. Metal Hay Shed, Equipment Storage Buildings, Loafing Sheds. 3 Sets of Livestock Pens and Cross Fencing. Heavy equipment for road and ranch maintenance. Some Mineral Right Royalties will convey. The Ranch currently carries an AG Exemption for lower property taxes. This is a special offering and has many potential uses.
IMPROVEMENTS:
Magnificent Ranch House - Total Living Area: 3037 Sq. Ft., Total area under roof including 2 Porches & Garage: 5350 Sq. Ft., handsome Open Concept Living Area, Office, 3 King Bedrooms with private Baths, Covered Back Porch with endless lake views. Stone Fireplaces inside and out. Interior Fire Protection Sprinkler System. Rainwater Storage System for irrigation. Detached Water Storage Building, Fresh Water Tanks. Monitored Alarm System with Security Cameras. Fully Appointed.
Bunk House - Total Living Area: 1259 Sq. Ft, 2 Separate Suites w/ Bedroom, Sitting Area, Bath & Small Kitchenette. Fully Appointed.
Two Lakefront Lots - Lakefront lot has boat dock for ranch LAKE ACCESS) 2.13 Acres, (Mobile Home property of Ranch Manager), Metal Garage 576 Sq. Ft., Metal Storage Building 2,160 Sq
Extras - Shooting Range, Barns, Workshop, Equipment Sheds, Horse Facility
TURN-KEY ITEMS:
This ranch will sell turn-key with some of the larger items being: D6 Cat Bulldozer, International Dump Truck, International Water Truck, John Deer Tractor, Road Grader, Front End Loader, Backhoe, Utility Trailers, etc All major equipment to operate and maintain this ranch will convey with the sale of this property.
WATER:
This ranch not only has great Surface Water but an extensive water systems have been set up to ensure plenty of water for the Lake Estate, Ranch House, Bunk House and all of the improvements.
PRICING SUMMARY:
All Improvements combined estimated value $1,600,000 (Lodge $1,100,000, double lakefront lot $350,000, equipment $150,000)
1060 scenic acres $5,000 PER ACRE