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TBD HWY 148

Petrolia, TX 76377

Listing courtesy of Blaine Covington, Texas Hunting Land. LLC

$11,500,724
Active
Beds
Baths
Sqft
Year Built

About this home

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.

Schools

Elementary
Petrolia
High
Petrolia

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #
21146395
Property Type
Land
Status
Active
County
Clay
Subdivision
AB 374 PARKER CSL BLK 68
Lot Size
3112.51 acres
HOA Dues
None
Days on Market
New (0 days)
Listed
Jan 6, 2026
Price per Sqft

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$81,817/mo
Principal & interest
$61,212
Property taxes (est.)
$17,251
Homeowner's insurance (est.)
$3,354

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed Jan 6, 2026