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Location:
The Covey Oaks Ranch, located in North Central Texas, is approximately eight miles north of Paducah, TX. This very secluded property experiences minimal county road vehicle traffic.
Description:
Covey Oaks Ranch is a turnkey recreational hunting property renowned for its excellent quality and quantity of wildlife. The 480-acre ranch adjoins the historic 28,000-acre Matador Wildlife Management Area (WMA), known as one of the most highly managed and productive hunting properties in the state. With excellent habitat and proximity to the WMA, the ranch offers superb quail hunting, quality whitetail, and occasional mule deer. The dove hunting can be exceptional, and there are always plenty of hogs to chase for year-round fun. The thick shinnery oak country attracts wildlife from miles around. At certain times, it is not uncommon to see 10-25 deer in one sitting or to find a dozen coveys of bobwhite quail in an afternoon of running bird dogs. This listing is one of the best combination deer and quail hunting properties on the market today. The owners have made significant improvements to the property, including an 864-square-foot barndominium, a tractor/ATV barn, interior roads, three new water wells, new deer blinds and feeder setups, and a network of quail feeders. Currently under agricultural exemption, property taxes are estimated to be approximately $750 per year.
Terrain:
The property is mainly flat to rolling, with a mix of scenic draws, heavy shinnery oak, dense plum thickets, soapberry, mesquite areas, scattered cedar, and other native brush and high-quality native grass types. Both shrub growth and ground cover provide excellent forage and browsing for deer and quail.
CRP Contract/Income:
Some acreage of the property has been under a CRP contract for as many as 30 years, with a few years remaining on the current contract, which currently pays out approximately $4500 per year.
Barndominium:
The new barndominium is an 864-square-foot custom-built home featuring two bedrooms and one bathroom. The modern barndominium was designed by the owners, is nicely furnished, and has quality finishes throughout.
Water:
The property’s water supply comes from a new well drilled next to the house. The well tested at 15-20 GPM and could likely produce larger volumes if desired. The owner also drilled two additional solar water wells and retrofitted a third. The groundwater is high quality and very strong, and pivot irrigation water volumes could likely be achieved if desired.
Minerals and Other Rights:
The owners believe they own at least 50% of the executive/mineral rights, which are not included in the list price but are negotiable should the buyer wish to purchase. All water, wind, and solar rights are owned and will be conveyed in the sale.