0 Tbd Red Top Rd Graham, TX 76450
This exceptional 45.84-acre property, located just outside Graham, Texas, presents a unique investment opportunity. Situated on 1720 feet of paved Red Top Road, the ranch boasts a diverse landscape including approximately 1.5 miles of Farmers Branch Creek, offering ample irrigation potential and surface water. A substantial, drought-resistant pond provides additional water resources. The land features Gowen loam and Thurber Clay Loam soils, ideal for cultivating various plants and grasses. Approximately 30% of the property is heavily wooded with post oak, live oak, pecan, elm, ash, and mesquite trees, while 70% is covered in native grasses, currently used for grazing. Wildlife is abundant, including whitetail deer, ducks, Rio Grande turkey, dove, quail, hogs, and varmints. Fishing opportunities exist in the pond and creek, with largemouth bass, perch, and catfish present. The property includes 100% of the wind rights, and one producing oil and gas well is located on the site, though mineral rights are not included in the sale. Utilities are readily accessible due to the property's proximity to Graham, Texas (75 feet from city limits), offering potential for subdivision or commercial development. The ranch is conveniently located 55 miles south of Wichita Falls and 90 miles west-northwest of Fort Worth, with Graham Municipal Airport just one mile away. The asking price is $795,000, translating to $17,343 per acre.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.