240 Acres | Wheeler County, Texas
PROPERTY OVERVIEW
This 240 acre property located between Briscoe and Mobeetie in Wheeler County, Texas offers a turnkey small ranch operation with proven income production, dependable livestock water, and well-developed pasture infrastructure. The property is split by County Road 10, with 160 acres on the east side and 80 acres on the west side of the road.
The east 160 acre parcel has been thoughtfully developed with four separate pastures for rotational grazing, while the west 80 acre parcel consists of one open pasture. Both parcels are perimeter fenced and well suited for sheep or cattle. Historically the ranch has run approximately 300 ewes annually.
This is a strong income-producing small ranch the seller reported approximately $122,000 in lamb sales in 2025 and is already at approximately $52,000 in lamb sales year-to-date in 2026, with additio...
This is a strong income-producing small ranch the seller reported approximately $122,000 in lamb sales in 2025 and is already at approximately $52,000 in lamb sales year-to-date in 2026, with additional loads currently ready for sale. Income production of this caliber on 240 acres is rare in this market, making this a unique opportunity for an operator looking for cash flow alongside ownership.
LOCATION & ACCESS
The property is located in Wheeler County, Texas, between the communities of Briscoe and Mobeetie. Access is provided by County Road 10, which bisects the property into the east and west parcels.
Approximate driving distances:
Briscoe, TX ~5 miles
Mobeetie, TX ~6 miles
Wheeler, TX ~12 miles
Shamrock, TX ~25 miles
Pampa, TX ~35 miles
Amarillo, TX ~90 miles
STRUCTURAL IMPROVEMENTS
Old farm house on the 160 acre parcel with potential for restoration
Unfinished livestock barn frame (started but not completed)
Stock well and irrigation well
Perimeter fencing rebuilt in 2022
Cross-fencing on the 160 acre parcel dividing it into four pastures for rotational grazing
WATER FEATURES
No surface water on the property
Stock well located on the 160 acre parcel
Underground pipe runs beneath County Road 10 to supply water to the 80 acre parcel
Additional irrigation well on the property, currently not in service
TERRAIN & SOILS
The terrain consists of gently rolling native pasture typical of the eastern Texas Panhandle, well suited for livestock grazing and supporting a healthy stand of native and improved grasses.
TREE COVER & WILDLIFE HABITAT
A few scattered shade trees are present throughout the pasture, providing limited cover for livestock and habitat for upland birds and small game common to the region.
GRASSES
The pasture is comprised of a mix of native and improved grasses, providing quality forage year-round. Dominant species include:
Bluestem
Love grass
Side oats grama
Additional native plains grasses
WILDLIFE & HUNTING
The property offers occasional recreational hunting opportunities for:
Whitetail deer
Quail
Dove
The property is not currently under a hunting lease.
CULTIVATION
There is no cultivated farmland on the property.
RIGHT-OF-WAYS
County Road 10 bisects the property between the 160 acre east parcel and the 80 acre west parcel. Any other existing easements or right-of-ways will be subject to verification by title commitment.
MINERALS
Seller is conveying 100% of owned mineral rights
Seller is conveying 100% of wind rights
Seller is conveying 100% of solar rights
Seller is unaware of what percentage of minerals he owns, if any
UTILITIES
Electric service is on the property and readily accessible for future improvements or homesite development.
RANCH & AREA HISTORY
Wheeler County and the surrounding eastern Texas Panhandle have a long history of agriculture, cattle ranching, and small livestock operations. The communities of Briscoe and Mobeetie are among the oldest in the region, with Mobeetie recognized as one of the earliest settlements in the Texas Panhandle. The area continues to support a strong agricultural economy with cattle, sheep, and small ruminant operations common throughout the county.
AIRPORTS
Wheeler Municipal Airport (Wheeler, TX) ~12 miles
Perry Lefors Field (Pampa, TX) ~35 miles
Rick Husband Amarillo International Airport (Amarillo, TX) ~90 miles
HOSPITALS
Parkview Hospital (Wheeler, TX) ~12 miles
Pampa Regional Medical Center (Pampa, TX) ~35 miles
Northwest Texas Healthcare System (Amarillo, TX) ~90 miles
SCHOOL DISTRICT
The property is located within the Fort Elliott Consolidated Independent School District, headquartered in Briscoe, TX.
PROPERTY TAXES
Approximate annual property taxes to be provided upon request.
PRICE
$528,000 ($2,200/acre)
BROKER DISCLOSURE
All information contained herein has been obtained from sources deemed reliable; however, buyers and buyers agents should perform their own due diligence to independently verify all information including but not limited to acreage, water, improvements, minerals, easements, schools, taxes, and all other material facts.
Buyers Agent/Broker must be identified upon first contact with Listing Broker/Listing Agent and must be present during all showings in order to fully participate in buyer agent compensation.
CONTACT
Cayson George
Brokerage Owner | Agent
Western Heritage Realty & Investments
806-341-8524
806-823-2040
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