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TBD Hwy 148, 
Petrolia, TX 76377

$11,500,724


Bed


Bath


-

Sq Ft


3112.51

Acres (Lot)


Land


Virtual Tour

Active

Listed by

Blaine Covington

Texas Hunting Land. LLC.

Last updated:

January 22, 2026, 12:59 PM

MLS#

21146395

Source:

GDAR

About This Land

TBD Hwy 148

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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

3112.51

MLS #:

21146395

Last Updated:

January 22, 2026, 12:59 PM


Finances & Disclosures

Finances

Price:

$11,500,724

MLS Logo
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated January 22, 2026 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker Lakehaven, Realtors.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.