Tbd Hwy 148
Petrolia, TX 76377
$11,500,724 Pending
Ranch · 3,112.51 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
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.
The details
Mineral rights aren't stated in this listing — verify with the title company before purchase.

Around this home
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Everyday life
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Listing courtesy of Texas Hunting Land. LLC — Blaine Covington.

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 #21146395. Information last updated August 11, 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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