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$24,500,000  •  2,245 acres
Valley Lake Ranch consists of 2,245+/- acres including a MASSIVE, PRIVATE LAKE yielding approximately 1,080+/- surface acres (at max capacity) of pristine water at normal elevation including 15,000 acre feet of adjudicated impoundment rights. Set amongst scenic rolling terrain immediately south of the Red River Basin, this very unique property combines heavily wooded oak and elm forests, clear rights of way, notable elevation change, excellent build sites, a proven fishery with desirable lake level consistency and amazing water clarity. Raw land and expansive water combine to form a recreational oasis and blank canvas that is virtually impossible to duplicate.Purchase Offer Criterion: Seller has requested that all offers for purchase of the property: (a) be submitted by no later than 5:00 p.m. (CST) on October 12, 2018; (b) be submitted on the form of Purchase Contract that is included in this property information packet; (c) state that the offer remains in effect until 5:00 p.m. (CST) on October 19, 2018; and (d) be accompanied by either: (i) a letter of financial capabilities from a banking institution on bank letter head verifying that the Purchaser has available cash and/or a line of credit in an amount in excess of the offer amount; or (ii) a copy of a bank statement confirming that the Purchaser has available cash in an amount in excess of the offer amount.Location: Valley Lake Ranch is located on the county line between Fannin & Grayson Counties ~15 miles east of Sherman, Texas, 10 miles east of Bonham, TX, and 70 miles north of Dallas, Texas. Paved road frontage in two locations insure reliable access.Fannin & Grayson County Information: Fannin and Grayson Counties are located in Northeast Texas adjacent to the Oklahoma border. Bonham and Sherman, the respective county seats, are located a convenient fifty to sixty miles north/northeast of Dallas. . The topography is variable including with ranges of moderately rolling hills, creek drainages and pinch points throughout the area. General elevations in Fannin and Grayson Counties range from ~500 to ~700 feet above sea level. The average annual rainfall is approximately forty-three inches. The predominate water drainage basins are the Red River and Bois D' Arc Creek. Natural tree cover consists primarily of oak, hickory, ash, walnut, pecan, cottonwood, elm, cedar and Bois D' Arc trees.Airports: There are multiple airports with convenient proximity to Valley Lake Ranch, including an airstrip on the property. The landing strip on the ranch is found on a peninsula abutting the lake, measuring approximately 2,771' long and 30' wide. The airstrip is not currently registered with the FAA and would require updates to make it operational.Located 22 miles West of the Valley Lake Ranch gate, North Texas Regional Airport / Perrin Field (KGYI) is a full service, city-owned airport located east of Sherman and Denison. Grayson County's airport has four (4) runways, measuring up to approximately 9000' long by 150' wide.Jones Field Airport in Bonham, Texas is a public airport located ~12 miles east of the Valley Lake Ranch gate. Two airstrips are located there, measuring up to approximately 4000' long by 75' wide.Dallas-Fort Worth International Airport is a full service, international airport located 76 miles SW of Valley Lake Ranch.Hospitals: Red River Regional Hospital is located in Bonham, Texas, ~14 miles east of the Valley Lake Ranch gate.Baylor Scott and White Hospital in Sherman, Texas is located a convenient ~14 miles west of the ranch via Highway 82.School District: Bells ISD (Grayson County) and Savoy ISD (Fannin County)Valley Dam and Valley Lake Reservoir: An expansive and impressive body of water, Valley Lake (also known as Brushy Creek Reservoir) is an off-channel reservoir. The lake has a storage capacity of 15,000 acre-feet at normal (Conservation) pool with a maximum storage capacity being 26,500 at the top of the dam. The lake encompasses a surface area capacity of 1,080+/- acres at the normal elevation of 611 feet above mean sea level. A drainage basin consisting of approximately 8 square miles of land contributes water to feed Valley Lake. Maximum depth located thus far is estimated to be 38 feet using standard consumer boat mounted depth finders. Based on aerial imagery from February 1995 through March 2014, the average water surface acreage was 992.6 +/- acres with an average of ~22.35 miles of lake frontage. Based on the same aerial imagery, it is estimated that the lake fluctuated between ~933 surface acres and ~1,016 surface acres.Valley Lake Dam History: Valley Dam, which forms Valley Lake, was authorized by the State of Texas in 1959. Construction of the dam was completed in 1961 to provide a cooling water reservoir for the operation of the Valley Steam Electric Station. A Certificate of Adjudication authorized an impoundment of up to 15,000 acre feet of water. The plant has been decommissioned and deconstructed. Valley Dam is a 2,770' long homogeneous earth fill embankment with a maximum height of 55 feet above the original streambed. The impressive and well-engineered dam looks west at sunset, providing amazing views off of Valley Lake.Dam Report: Freese and Nichols, Inc. conducted a dam inspection on September 26, 2017, and provided an updated report in December, 2017 for Valley Lake Dam.Dam Project Description- Valley Dam was authorized by the State of Texas, Permit No. 1939 in 1959. A Certificate of Adjudication authorized an impoundment of up to 15,000 acre-feet of water for industrial purposes. Construction of the dam was completed in 1961 to provide a cooling water reservoir for operation of the Valley Steam Electric Station. The power plant has been decommissioned and demolished.Valley Dam is a 2,770-foot long homogeneous earth fill embankment with a maximum height of 55 feet above the original streambed. The crest of the dam is at elevation 617.5 feet. The upstream slope is 3H:1V with an 8-foot-wide berm at elevation 600 feet. The upstream slope is protected by 24-inch rock riprap from the berm to the crest. The downstream slope is 2.5H:1V with grass slope protection and a 12-foot-wide berm at elevation 590 feet. Seepage control within the embankment is provided by an 18-inch thick sand blanket drain that intersects the toe of the embankment on the downstream slope. The downstream slope has a longitudinal concrete- lined flume (v-ditch) on the berm to collect surface runoff from the upper portion of the slope. Flow in the longitudinal flume is conveyed to the toe of the embankment via four transverse concrete-lined flumes. No instrumentation or survey monitoring programs exist for Valley Dam.The low flow outlet, made operational as of May 2018, consists of an 18-inch diameter gate valve controlled concrete pipe with an upstream invert elevation of 605.75 feet and is located at Station 21+00, near the right abutment of the embankment. The discharge area is protected with a concrete V- shaped channel.The service spillway is a 200-foot wide, concrete-lined channel located in the right abutment with a crest elevation of 611 feet. Two lines of baffle blocks provide energy dissipation at the end of the concrete-lined channel, approximately 50 feet downstream from the crest. The service spillway is separated at its left side by natural topography from the right abutment of the main embankment. There is no emergency spillway at Valley Dam.In Texas, the TCEQ is the regulatory agency responsible for the administration of State dam safety laws. Dams are classified according to the size of the dam and the potential for loss of human life and property damage downstream from the dam in the event of a breach of the dam. The size classification of small, intermediate, or large is based on the storage in the reservoir and the height of the embankment. Intermediate size dams are those with maximum storage between 1,000 and 50,000 acre-feet and/or a maximum height between 40 and 100 feet. Valley Dam, which has a maximum height of 55 feet and maximum storage of 26,500 acre-feet at the top of the dam, is an intermediate size dam.The hazard classification can be low, significant or high. A high hazard dam is usually located where failure can cause serious damage to agricultural, industrial, and commercial facilities, important public utilities, main highways, and railroads. TCEQ criteria define a high hazard structure as one which could potentially impact three or more residential structures, or result in probable loss of seven or more lives. The area downstream of Valley Dam is primarily agricultural land in the floodplain of Brushy Creek and the Red River. There are, however, more than three homes located along Farm to Market (FM) Road 1753 near Brushy Creek about 3.6 miles downstream of the dam, and numerous houses further downstream in the Red River floodplain. The FM 1752 and FM 1753 bridges over Brushy Creek would also be overtopped in the event of a breach of the dam. Valley Dam is therefore classified as a high hazard dam.According to State criteria, as an intermediate size, high hazard dam Valley Dam is required to pass 88 percent of the Probable Maximum Flood (PMF). As determined by the probable maximum flood study and breach analysis completed by Freese and Nichols, Inc. in 2005, Valley Dam passes 100 percent of the PMF event, and is thus hydraulically adequate in its current condition.A full Freese & Nichols, Inc. report, dated December 2017, containing specific details concerning maintenance and repair recommendations can be made available to prequalified Buyers upon request.Terrain:Topography at Valley Lake Ranch is impressive with over 100 feet of elevation change. The high point of ~671feet above mean sea level is found in the southeast corner of the property, and a low point of ~566 feet is found in the northeast corner. The property is mostly treed with sporadic native pastureland desirable for grazing cattle. The landscape lends itself well to recreational land. Highly desirable building sites exist around much of the lake as sunsets and sunrises are truly remarkable from many points overlooking this impressive body of water.Additional Water Sources: There are 3 earthen water wells located on the property. The Neches River Basin aquifer is found below Valley Lake Ranch.A rural water line runs into the approximate center of the ranch from County Road 1752.Brushy creek flows from the northeast corner of the property into Valley Lake.Wildlife: Valley Lake Ranch is home to Whitetail deer, feral hogs, Bald Eagles, dove, Rio Grande Turkey, bobcats, coyotes and of course, waterfowl. Since its inception in 1961, migratory waterfowl have utilized Valley Lake as a wintering ground during peak migration. Features including a major body of water in the central flyway, coupled with natural wetlands in close proximity to the Red River, attract migratory waterfowl populations during peak migration.Fisheries: Valley Lake has proven to be a prolific fishery. Our team fished Valley Lake for 3 days and 6 fishermen caught over 300 Largemouth Bass. Notable fish caught included seven fish over 8 lbs., 4 fish over 7 lbs and 40+ fish between 5-7 lbs. This natural fishery will serve as a solid foundation primed for the next owner to introduce a fish management program capable of contending with the list of renowned and legendary North Texas Bass Fisheries. Additional species of fish caught by the HRC team include Sand Bass, Crappie, Drum and Channel Catfish.Recreation: Water depths at Valley Lake range from highs up to approximately 38 feet and all depths in between that and the shoreline. Multiple coves, inlets, and creek channels compliment open water to create a spectacular, broad recreational offering. In addition to sport fishing and hunting, Valley Lake lends well to jet skiing, water skiing, sail boating, scuba diving, and general motor boating. Kayaking and float fishing can be excellent in the coves and inlets on the lake.Noted Whitetail deer populations, tree cover, topography and natural forbs provide ample opportunity for bow hunting. Fertile soils and sub soils on the property may yield high quality improved wildlife food plots to supplement natural forage components and/or cultivated crops to benefit migratory bird hunting.Fencing: The perimeter of Valley Lake Ranch is fenced. Fencing is in fair to good conditionElectricity: Residential electricity runs into the property and is available at multiple points on or near the boundary of the ranch.Minerals: Surface only.Leases: The property is currently leased for grazing.Taxes: Annual property taxes for 2017 are in the process of being verified. Some of the property carries an Agriculture Exemption.Buyers & Brokers: Buyer's Broker must be present for all showings. Buyers should notify Listing Broker at first contact that they are represented by a cooperating real estate Broker prior to touring the property. We welcome the opportunity to work with other real estate Brokers and their Agents, who are active and currently licensed in the state of Texas.Comments: Exemplifying the real estate term "relative scarcity," Valley Lake Ranch is an unprecedented opportunity to own an expansive, private lake in the heart of North Texas. Proximity to the two major metropolitan areas encompassing Dallas and Fort Worth, prove this ranch a fantastic investment and recreational ranch owning opportunity, while the natural fishery represents a phenomenal experience for the angler at heart!*Please also note our listing entitled Lake Creek Ranch for an additional large water offering. Seller to consider joint offers submitted for both Valley Lake Ranch and Lake Creek Ranch.*Price: $24,500,000Contact:Cash McWhorter- Broker/Partner469.222.4076 mobileCasey Berley- Broker- ALC214.422.7253 mobileBlake Hortenstine- Broker/Partner214.616.1305 mobile
Contact for Price  •  351 acres
Willowood Ranch - A place of tranquil beauty & endless peace consisting of 351 acres. This income-producing ranch offers the ideal setting for many events - weddings & receptions, corporate & graduation parties, anniversary & family social celebrations, outdoor concerts, festivals & youth retreats. The wedding chapel is styled after the 1860's era of churches and has seating for 133, while the reception hall seats 300-450. An owner's home, with approx. 4000 SF, was built in 2006 and has 4BR/4.5BA, gourmet kitchen, master bedroom with FP, media room & outdoor living area. The ranch home includes 7BR/7BA and has views of the 18-acre lake. There are 5 other bodies of water. Also, the property includes 4-2BR/2BA guest/rental cabins, 6-stall horse barn, equip & warehouse barns, 2 apts & 5 miles of trails. The quaint charm of the ranch is evident throughout and will complement any scheduled event. DIRECTIONS: FROM SHERMAN - EAST ON HWY 56 TO PINK HILL ROAD. TURN RIGHT TO WARD NEAL ROAD. DOWN ON THE LEFT.
Contact for Price  •  125 acres
Fabulous 125 rolling acres north of Whitesboro. Outstanding views from a tastefully updated home, 3400+/- SF, 3/2/2 (study can be 3rd bedroom), with an open plan and tile floors. Diverse topography - wooded creek, 5-acre lake, coastal bermuda, sandy soil; gorgeous oak trees. Looks like a park. 3 large barns. DIRECTIONS: From Whitesboro, go north on Hwy 377. West on Bone Chapel. North on Roland. Down on the west side.
Contact for Price  •  99 acres
99.3 acres adjacent to Hagerman Wildlife Refuge. Rare opportunity to own land next to quality wildlife and waterfowl habitat. Huge free-ranging deer, ducks, dove and geese! The refuge borders on 3 sides. Property is also at the end of a dead-end road for privacy. There is a wooden frame 2 bedroom 1 bath home for the weekend and two nostalgic wooden barns. Trees, coastal Bermuda, 3 ponds, and sandy soil. Peace and quiet. Great for the recreational buyer! DIRECTIONS: HWY 75N TO SHERMAN. WEST ON HWY 82 TO SADLER. RIGHT ON FM 901 TO NORTH END OF TOWN. RIGHT ON CORDELL STREET FOR 2-3 MILES. RIGHT ON SIEBMAN. LAST HOUSE ON RIGHT.
Contact for Price  •  51.22 acres
Impressive hilltop setting and building site overlooking miles of dramatic countryside. Great balance of trees, pasture and 100 feet of elevation change. 60X30 2-story party barn with 2 bedrooms and 1 bath, fireplace and over 3000SF of A.C. space. Tranquil treed setting with stone firepit and re-circulating stream from pond below. 50X30 insulated workshop barn with concrete floor. 3-acre fenced and irrigated garden area. Fantastic fishing in the 4-acre lake with dock; wildlife; 4-wheeling and exploring over a half mile of wooded Mill Creek. All utilities are present. DIRECTIONS: 10 MILES EAST OF SHERMAN ON HWY 82, NORTH SIDE OF HWY.
$449,900  •  41.1 acres
This property has everything you need for a recreational oasis. The 3 bedroom 2 bath home has a strong rental program, families come back year after year to make memories here. The property features approx. 1/2 mile of frontage on the New River and long frontage on Stevens Creek. The entrance to the property is really lovely following cascades down Stevens Creek to a nice level area with a Volleyball/ Badminton Court, horseshoe pits and picnic area. The home features a wonderful view, close proximity to the New River, large dining area and galley kitchen designed to feed quite a few, cozy gas log fireplace and gameroom on lower level. This has a lot of light and great views of the river. There is a covered porch area for dining out and fire pit right down on the river for roasting marshmallows, a dock and deep water access great for launching boats. The proximity of this property to public boat landings makes it easy to plan your river float. Proximity to the New River Trail, Jefferson National Forest and many other Grayson County attractions make this a prime location for the outdoor enthusiast. The 40 acres makes it possible for the hunter or the bird watcher never to leave the property to have a wonderful time. Should you ever want to leave this property, it is a short drive to Galax, Fries, Independence and all of the music festivals and seasonal events that are in abundance in this area. This property is located across river from land that is in a conservation easement so your view is protected from future development. Listing ID: 45010-66619
Contact for Price  •  40 acres
Beautiful treed hilltop setting in quiet area east of Denison on 115 rolling acres. Constructed in 2005, this custom 4/3/2 stucco home features a gourmet kitchen with island, double oven, and solid Cherry wood cabinets. There is a sunroom and 4 zones of HVAC. Home is engineered for low maintenance and long life with extreme energy efficiency. Acreage consists of good coastal Bermuda pastures, 2 ponds and a 60X50' steel workshop/equipment barn. There is one water well and a 2400SF guest house. DIRECTIONS: FROM DENISON - TAKE FM 120 (MAIN STREET) EAST TO OAK RIDGE ROAD. TURN RIGHT, APPROX. ONE MILE - ON THE LEFT. SOUTHEAST CORNER OF ELMORE AND OAK RIDGE ROAD.
Contact for Price  •  36.61 acres
Custom brick home on 36.61 acres, west of Sherman. Nestled among trees in a secluded setting, the home overlooks a beautiful stocked fishing pond. It features a large kitchen open to the family room and a separate living area with a half bath over the garage. 60X24SF insulated metal barn with a shower, air conditioning and heating, for owner's studio. Paved driveway. There is a 360-foot deep water well. 75% woods - 25% pasture. Walking trails through the trees; elevation change; creek. Perfect for family, kids, pets and horses. DIRECTIONS: BETWEEN SHERMAN AND WHITESBORO. FROM SHERMAN, GO WEST SEVERAL MILES AND TURN LEFT ON OLD SOUTHMAYD ROAD. FIRST HOME ON RIGHT (WEST SIDE).
$799,500  •  36.61 acres
Wild Haven ranch, over 36 acres of unique and diverse terrain only one hour north of Dallas, all under a wildlife management plan and exemption for tax purposes. Very nice well-kept fiber cement and brick home, private and secluded, not seen from the road. Open plan, fireplace and two living areas. Two ponds, one full of fish, deer and some turkey. Nearby is Hagerman Wildlife Refuge and Lake Texoma. Trails all throughout the woods. Pasture for cattle. 60 x 24 insulated studio-barn-apartment with HVAC and equipment barn. Elevated deck in the woods to enjoy nature. Your own outdoor and wildlife sanctuary. DIRECTIONS: TAKE PRESTON ROAD (HWY 289) OR HWY 75 NORTH TO HWY 82. WEST ON HWY 82 TO OLD SOUTHMAYD ROAD. TURN LEFT, FIRST DRIVEWAY ON RIGHT...BETWEEN SHERMAN AND SADLER.
Contact for Price  •  35 acres
BEAUTIFUL COUNTRY PROPERTY & setting on 35 rolling acres near Savoy, TX with lush native pasture, tall hardwood trees, sandy loam soil and 1 pond. Private custom-built home, 4/3/3, set way back from the road with a gourmet kitchen open to a large family room with a fireplace. The kitchen features a gas cooktop, SubZero refrigerator/freezer, large island, 2 sinks and a wine refrigerator all on cork flooring. Gorgeous heart of pine wood floors throughout much of the home. Great master suite with pine floors, large bathroom and huge closet/saferoom. Home office, library and sunroom. Saltwater recreation pool and concrete deck with a gazebo. 3-car garage. This property has a great feel! DIRECTIONS: EAST OF SHERMAN ON HWY 82 TO SAVOY. SOUTH ON FM 1752 FOR 3 MILES - ON RIGHT. SEE MAP ON MLS.
$820,000  •  30 acres
Under Contract
Private 30 acre estate with custom home and pool. Built in 2017, this 2,649 square foot (per building plans) three bed-three bath home has an open concept and custom touches throughout. Master suite is separate from other bedrooms and has a stunning master bath with large walk-in closet. Kitchen features granite counters, stainless appliances and convection microwave and oven. French doors lead to backyard with saltwater pool and spa. Pipe fenced and cross fenced into multiple pastures perfect for horses, cattle and other livestock. 1,200 square foot shop has water, electricity, concrete floors and overhang for equipment storage. Great multi-use property just over an hour from DFW in Horse Country USA. DIRECTIONS: From Whitesboro: Take 377 North (approx. 1 mile) to Bones Chapel Road; turn Left on Bones Chapel Road, property is approximately .7 miles on South side of Bones Chapel Road. Look for cedar entry-way.
Contact for Price  •  20 acres
Custom designed timber-framed home, 5/4/4, on 20 secluded acres one hour North of Dallas. Over 6000?+/-; numerous features and amenities include a gourmet kitchen with island, stainless steel appliances (gas range) and granite counters. Huge living area and master bedroom suite, both with fireplaces. Study and hobby rooms. For the kids ? a separate gameroom. 4-car garage/storage barn and pool. Great balance of hardwood trees and pasture. Secured entry/paved drive. Additional acreage available. CALL US FOR DIRECTIONS.
Reduced
$1,275,000  •  20 acres
$1,495,000
Private country estate home on 20 rolling and private acres. Custom built and designed for family and entertainment. 2 lvg areas with fireplacess overlooking saltwater pool and fabulous outdoor kitchen. Large master with FP, separate vanities, shower and closets. Coffee bar pantry leads into study with FP. Wonderful gourmet kitchen, fully equipped with large island. Upstairs bedrooms and fantastic media room with refreshment bar. Exercise room. Formal dining; butlers pantry. Custom wine cellar. Professionally landscaped. 4 ponds, lush pastures. 80X50 insulated barn with 2-400 rooms with HVAC & shower. Up to additional 30 acres available which could include a wooded creek. DIRECTIONS: HWY 75N FROM DALLAS TO VAN ALSTYNE. TAKE FM 121 WEST FOR 2.5 MILES. TURN RT. ON HACKBERRY THEN RT. ON THORNWOOD TO END OF ROAD.
Contact for Price  •  10 acres
BUILDER'S PERSONAL HOME on 10 acres (w/addl 25 adjacent acs avail) near Van Alstyne. Beautifully finished out and extremely energy efficient home, 6812'+/-, 4/4.2/3. Features include gourmet kitchen with built-in Refrigerator/Freezer; 6-burner commercial gas stove, double oven, warming oven, mahogany cabinets; wetbar. Huge master suite with sitting/exercise area and see-through fireplace. Fully equipped study. Basement contains fantastic media room. Audio in every room. Security system. 2X6 walls; structural slab foundation. 3-18SEER A/C units averaging approx. $420/month electric bills. Oversized garage allowing for upper level unfinished apartment. Pool; sunset views; creek; pasture; trees. Bring your horses. Farm or 4-wheel. 12X12 dog kennel. Your own Field of Dreams baseball field and backstop. Don't miss this quality opportunity. DIRECTIONS: FROM DALLAS, NORTH ON HWY 75. TAKE FM 121. EXIT RIGHT TO HWY 5. TURN RIGHT TO FM 3133. TURN LEFT. 5-6 MILES; LEFT ON CR 352 (ROAD TURNS INTO WOLF FRONT RD). ON LEFT 1 MILE.
Contact for Price  •  2.59 acres
Large spacious lot in quiet country subdivision. West of Van Alstyne. Good elevation and wonderful distant views from the backyard of your new future custom home. Water and electric at the road. DIRECTIONS: HWY 75N TO VAN ALSTYNE. WEST ON FM 121 TO HACKBERRY. TURN RIGHT AND TAKE SECOND LEFT ON PARKER. VEER TO LEFT AND RIGHT ON GALVAN.