14892 Farm to Market Road 2178 , Olney, TX 76351(Archer County)

This vintage Victorian Home offers a picturesque view of sunsets, stars, and the beautiful and historic landscape of west Texas ** Abundant wildlife, a clear lake, outdoor arena, and quant log bunkhouse by the lake are but a few of the many features of this great ranch just outside of Olney, TX ** Enjoy a city water supply which is unique to this area of Texas ** Bring your cattle and horses as the property is completely fenced ** With 6 bedrooms and 4 baths (master down / 5 bedrooms and 2 baths up), this historic 2-story home was originally built in Throckmorton in 1922, then relocated to this ranch in 1965 and remodeled and expanded in 1985. With high ceilings, large rooms, and a flowing floor plan, the home offers a great opportunity to create a historic place to go for your weekend getaway, live and entertain, retire, or raise your family. ** A new roof will be installed by owner at the end of November 2017.

** Strategically located just 2 hours from the DFW metro area and 5 min from Olney, a charming Texas town with plenty of local restaurants ** All paved road access and frontage ** Approx 70 of the 104 acres in cultivation, but could also be converted to rangeland for livestock ** Minerals do not convey but can be bought separately and have current income potential.

LAND

This ranch is approximately 104 total acres. The main entrance is on FM 2178, an asphalt paved Texas Farm-to-Market road. The tract also has gate access and fronts on 7 Ranch / Cottonwood Road on the north side, a county maintained gravel road, and can be accessed from the south via an oil company road.

A key feature of the property is a clear water small lake. Also included is a pump house that can pump water out of the lake for irrigation water around the home. Elevation changes range from level at the entrance and most of the eastern side of the property, then sloping downward west of the house to the lake. To the west of the property is a large historic family-owned ranch. Looking west in the evening from the home will offer the owner some of the best sunset views in America over the rugged west Texas landscape and the neighboring Atchley Ranch with unobstructed views.

Terrain features range from cultivated farmland to mesquite flats and sloping grass areas. Ranch and gravel roads provide access to the entire property.

WATER

The home has city water with a water purifying system. It also has a water pump house to pump water from the lake for irrigation around the home.

WILDLIFE & GRAZING

Abundant wildlife includes white-tailed deer, wild hogs, Rio Grande turkeys, as well as mourning doves, coyotes, bobcats, raccoons, and many other varmints.

MINERALS

Minerals do not convey but can be negotiated and purchased separately. Property has 2 small active oil wells on it that currently produce about 30 BBL per month. Please contact Broker for more details.

AS-WHERE IS

Property being sold AS-IS, WHERE-IS. Buyer and Buyers Agent to verify all measurements, condition, and aspects of the property.

BUYERS AGENTS & SHOWING INSTRUCTIONS

Pre-Qualified Buyers, only. Buyer's Agent, if any, must be identified on first contact & must accompany buying prospect on all showings to be allowed full participation (3% of sales price). All Buyer's must notify Listing Broker at first contact if buyer is using a buyer's agent. No trespassing. Please call Mark Wakeland at 972-740-9472 to arrange a showing or access to the property. All gates are locked. Thank You!