551 County Road 121
Coleman, TX 76834
$4,853,000
Ranch · 1,055 ac
What it costs to own
An agricultural exemption ends when the land sells — taxes will be reassessed. Verify with the county appraisal district.
About this home
1,055 +- acres of rolling, scenic Texas land, this ranch combines exceptional water, diverse terrain, and well-planned improvements to create a premier cattle and recreational property. Nearly three miles of Mud Creek wind through the ranch, with massive Oak and Elm trees lining the banks and creating a stunning natural corridor that supports wildlife, livestock, and year-round beauty! Lost Creek Ranch is thoughtfully balanced for productivity and recreation, featuring 75 +- acres in cultivation, 300 +- acres of improved pasture, and 680 +- acres of native brush. This mix provides excellent grazing capacity while preserving prime habitat for wildlife. With 14 stock tanks scattered across the ranch, water is abundant and well distributed. For the sportsman, the property offers incredible deer, dove, turkey, quail, & hog hunting, supported by the creek, heavy timber, and varied cover. For the cattleman, the ranch includes a true working set of pens designed for efficiency, along with a huge shed for equipment storage and operations. Improvements include a comfortable two bedroom, one bath barn dominium, ideal for a weekend retreat, ranch headquarters, or guest lodging. Multiple hilltop vantage points offer panoramic views and potential homesites. This is a rare opportunity to own a legacy ranch with strong agricultural value, outstanding hunting, and the natural character that makes a property unforgettable!
The details
Mineral rights aren't stated in this listing — verify with the title company before purchase.

Around this home
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Listing courtesy of Liveoak Land & Real Estate — Marsha Spinks.

Where it is

Robert & StephenInk Realty GroupWant the full story on this home?
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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21281748. Information last updated August 27, 2026.
Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.
Ink Realty Group is brokered by eXp Realty.
Ink Realty Group
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