Veale Ranch North Breckenridge Division

$7,784,000

Property Details

  • County: Stephens
  • Zip: 76424
  • Type: Hunting Land, Ranches, Recreational Property
  • City: Breckenridge
  • Price: $7,784,000
  • Acres: 2,511
  • State/Zip: Texas 76424
  • Status: Available

TALB Member:

Charles Davidson | Broker/Associate

Davidson Charles
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Property Description

The North Breckenridge Division of the Veale Ranch is a historically significant and large ranch offering for Stephens County. It has been in the same family for many, many generations and has a special location and close proximity to town.

The Veale family was among the first to settle in Stephens County, arriving in a caravan of wagons before the Civil War, and the current owners are direct descendants of these families that settled the area. They have had a solid impact in the development of the Breckenridge county seat area for many years, and to this day, the family continues the long legacy of proper and conservative range management, preservation of a deep rooted history in Texas ranching, and a remarkable level of care and compassion for the land as some of Texas finest ranch stewards.

Location:

The location of this large ranch is unmatched. It is less than 3 miles from Breckenridge, and 1 mile from the Hubbard Creek Reservoir. The distance to Fort Worth is about 105 miles, and approximately 60 miles to Abilene.

Land:

The ranch is comprised of three main parcels:

300 acres north of county road 272: this northern most parcel has some of the Fluehearty Branch creek, two stock ponds, two cross fenced pastures, and one set of working pens.

850 acres between county road 272 and Highway 183: the middle parcel has some of Fluehearty Branch creek on the north end, and Turner Branch of Gunsolus Creek through it as well. It has two main cross fenced pastures, and a few traps around the working pens, barn and headquarters.

1,350 acres south and west of Highway 183: the southern parcel has four main pastures, also cross-fenced, two cultivated pastures, and a set of working pens. The Turner Branch of Gunsolus Creek holds water in many areas and there are at least 7 stock ponds throughout.

Range and Carrying Capacity:

The Veale Ranch is located in the middle eastern part of the Rolling Plains ecoregion of Texas, and it is mostly prairie land with mesquite and live oak motts. It has consistently had strong, productive grass with mostly native grassland species, and has been able to comfortably carry about 125 mother cows. The familys dedication to conservative management, supplemented with herd rotation of cows and yearlings, has preserved sturdy, healthy range conditions. The climate in the area is characterized by hot, humid summers and generally mild to cool winters.

Wildlife:

The Veale Ranch is abundant with wildlife, plenty of whitetail deer, a healthy population of bobwhite quail, and turkeys and migratory birds. This region has long been a destination area for north Texas sportsmen.

Topography:

The ranch has gently sloping to level topography with long, rolling views. Soils on the ranch consist of mostly clay and sandy loams, and there is about 100 of elevation change, with the highest point being at approximately 1,220.

Barns & Improvements:

60 x 60 barn
80 x 20 barn with horse stalls
40 x 20 barn
50 x 50 barn
50 x 30 barn
50 x 20 barn
40 x 20 barn
4 sets of working pens
2,400 sf mobile home
Water:

Stephens Regional Special Utility District provides community water to the main headquarters home and has lines available at nearby locations to bring water further onto the ranch. Two of the main working pens water needs are serviced by pumping water from nearby ponds. The ranch gets an average of 25 of rainfall per year and Fluehearty Branch and the Turner Branch of Gunsolus Creek cut across many areas of the ranch providing wet creeks and catch ponds for most of the year.

Misc:

There are many operating wells on the ranch, and the operators maintain good caliche roads throughout. None of the mineral estate is available with the sale of this property.

The ranch land is taxed with an agricultural 1-D-1 valuation, and total annual property taxes are approximately $4,800 per year.

All livestock, ranch equipment, mobile home, personal property, furnishings, hay and feed, etc are excluded from this offering and may be available via separate personal property contracts.

Brief History of Breckenridge:

Located just east of Hubbard Creek Lake in North Central Texas, the City of Breckenridge originated in 1854 as the town of Picketville. The name Picketville came from a prominent local rancher named Bill Picket. When the county was organized in 1876 the name was changed to Breckenridge, to honor a Senator and Vice President of the United States from Kentucky named John C. Breckinridge. In the early 1920s Breckenridge experienced a true oil boom as drilling began on oil found in the area. The town grew from a population of 1,500 to over 30,000 in the span of one year. After a few hectic years, oil production began to slow and as a result the population decreased. However, the town remained a regional center for commercial activity and petroleum related industries. Recently the population has hovered around 6,000 people and Breckenridge has maintained a petroleum and cattle based economy.

Shown by appointment only.

The information contained herein has been gathered from sources deemed reliable; however, Republic Ranches, LLC and its principals, members, officers, associates, agents and employees cannot guarantee the accuracy of such information. The information contained herein is subject to changes, errors, omissions, prior sale, withdrawal of property from the market without prior notice, and approval of purchase by owner. Prospective buyers should verify all information to their satisfaction. No representation is made as to the possible value of this investment or type of use, and prospective buyers are urged to consult with their tax and legal advisors before making a final determination.

Real Estate buyers are hereby notified that real properties and its rights and amenities in the States of Texas; Oklahoma; and New Mexico are subject to many forces and impacts whether natural, those caused by man, or otherwise; including, but not limited to, drought or other weather related events, disease (e.g. Oak Wilt or Anthrax), invasive species, illegal trespassing, previous owner actions, neighbor actions and government actions. Prospective buyers of Texas real estate, New Mexico real estate or Oklahoma real estate should investigate any concerns regarding a specific real property to their satisfaction.

When buying investment property the buyer's agent, if applicable, must be identified on first contact and must be present at initial showing of the property listing to the prospective real estate investor in order to participate in real estate commission. If this condition is not met, fee participation will be at sole discretion of Republic Ranches, LLC.


Useful Documents


Breckenridge Texas 76424

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