271 Acres in Putnam, TX - $1,016,250

The Bob Gilman Ranch

General Description: This 271 +/- acre Callahan County ranch is a classic Rolling Plains recreational property. Located about 7 miles due north of Putnam, Texas and Interstate 20, the Bob Gilman Ranch offers rolling topography, excellent views, thick cover, a seasonal creek, and three (3) earthen stock tanks. There is a good internal system of roads allowing access through the native habitat for deer and turkey. The ranch has good elevation changes and extensive panoramic views to the west and north. Elevation change is over 70 feet across this West Texas classic. The Bob Gilman Ranch is an excellent hunting ranch with good pastureland to graze cattle.

Directions: From the Dallas-Ft. Worth area travel due west on Interstate 20 to Putnam, Texas. Travel times to Putnam, Texas, are approximately 1 hour 45 mins from Ft. Worth, Texas, and 2 hours 10 mins from Dallas, Texas. Take the Putnam exit from Interstate 20 and turn right at the stop sign onto FM 317 North. Continue traveling north on FM 317, approximately 6.7 miles. At this location, FM 317 and FM 308 converge. Stay straight off FM 317 onto the access road and continue traveling north. Travel 1.3 miles, and the entrance gate to the property will be on the left.

Terrain: The ranch has rolling topography with thick native pastureland and older bull mesquite trees with some scattered hackberry, bumelia, prickly pear, elbow bush, and blue bush. Native grasses include Texas winter grass, side oats grama, curly mesquite, and various other grasses common to the area. There are two nice scenic plateaus with scenic panoramic views on the north and western portions of the ranch. Just to the west are views of the Deep Creek basin. Deep draws in the north run from east to west and move good amounts of water during the rainy seasons. One of the tributary creeks for Deep Creek starts on this property. Some open areas near the southwest corner would be ideal for a future food plot or a small dove field.

Wildlife/ Hunting: Callahan County is well-known quality whitetail deer. There is also an abundance of Rio Grande turkey, dove, feral hogs, and varmints such as coyotes and bobcats. Quail can also be found on the property, but numbers will fluctuate. Hunting is very good with quality wildlife habitat.

Vegetation: Tree cover consists of mesquite, hackberry, and live oak trees and a mix of other trees commonly found in this area. Forbs, browse, and cactus species include elbowbush, skunkbush, bumelia, and lotebush. Native grasses include bluestem, switchgrass, Texas wintergrass, dropseed, Indiangrass, and a variety of other grasses. Wildlife habitat and pastureland are above average and in good condition.

Water: Three (3) earthen stock tanks provide water for cattle and wildlife. The larger two tanks are in the north-central portion, along with a draw that runs through the property's north end, ultimately flowing into Deep Creek on the adjacent property. Good topography and elevations create the potential to build new earthen stock tanks.

Leases: The current cattle lease has been with the same family neighboring the west for many years. The lease can be terminated or continued with the sale of the property. There is also a hunting lease currently in place that can be canceled after closing if desired.

Fencing: The fence on the north and east sides is in good condition. The fence line on the west and south is nonexistent and will require construction if the cattle lease is discontinued. The neighbor on the property's west side currently leases the ranch's grazing rights.

School District: Baird ISD

Minerals: There is no current oil and gas production on the property.

Utilities: AEP provides electricity to Putnam and the surrounding area. The local office is located in Clyde, Texas.

Legal Description: 160 acres in Abstract 1535 Sec 3 Deaf and Dumb Asylum, 79.2 acres in Abstract 1525 Pre G.A. Teague, Deaf and Dumb Asylum Sec 3 & 32.5 acres in Abstract 405, 2039 TE&L Co Deaf & Dumb Asylum, Sec 3.

Taxes: This property is agriculturally exempt, and 2022 property taxes were $394.72

Broker & Commission Disclosure:Buyer’s Agent/ Broker must be identified upon first contact with Listing Broker/ Listing Agent and Buyer’s Agent/ Broker must be present at the initial property tour in order to participate in the real estate commission. Commission splits will be at the sole discretion of Listing Broker.

Price: $3750 per acre ($1,016,250)

Contact:

Blake Hortenstine

214-616-1305 mobile

blake@

Jack Fauntleroy

940-550-4432 mobile

jack@

All information is deemed reliable, but is not warranted by Hortenstine Ranch Company, LLC. All information is subject to change without prior notice.