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Grayson, US
Discover your own piece of Texas paradise with this exceptional 197+ acre ranch, ideally located near Lake Texoma and adjoining Corps of Engineers land for added privacy and breathtaking natural surroundings. This remarkable property features rolling terrain with diverse topography, stunning panoramic views, scattered mature trees, open pastures perfect for grazing cattle, wooded areas for recreation, and multiple stocked tanks filled with catfish and bass—creating the perfect blend of ranching, fishing, and outdoor living.
The property currently benefits from an agricultural exemption through hay production, offering valuable tax advantages and added appeal for buyers seeking a true working ranch investment.
At the front of the property sits a charming 4-bedroom, 2-bath country home designed for comfort and functionality. Inside, you’ll find a spacious living area, an open eat-in kitchen with a separate dining space, and four generously sized bedrooms, including a private primary suite with ensuite bath. Covered front and back patios provide the perfect setting to relax and take in peaceful Texas sunsets.
There is also a second brick home, similar in size, located at the SW Corner of the property.
The ranch is also well-equipped for agricultural use with two substantial outbuildings totaling approximately 3,200 and 2,800 square feet, along with ample covered carport space for tractors, trailers, boats, and all your essential farm and ranch equipment.
Conveniently located just one hour from the DFW Metroplex and only minutes from shopping, dining, entertainment, and the recreational opportunities of Lake Texoma, this rare offering combines beauty, functionality, and location—making it a true legacy property.
Courtesy Of: Texas Life Real Estate
Feature Highlights
- Dining Room
- Family Room
- Multi Parcel ID
General Features
- Garage:
- Garage
Public Schools
- School District:
- Whitesboro ISD
- Elementary School:
- Whitesboro
- Middle School:
- Whitesboro
- High School:
- Whitesboro
Interior Features
- Beds Total:
- 4
- Room Count:
- 6
- Number Of Living Areas:
- 1
- Number Of Dining Areas:
- 2
- Interior Features:
- Eat-in Kitchen
- Fireplace Features:
- Pellet Stove
- Baths Full:
- 2
- Heating:
- Central
Exterior Features and Amenities
- Exterior Features:
- Covered Deck
- Subdivision Name:
- G-1348
- Parking Features:
- Garage
- Fencing:
- Cross Fenced
- Number Of Barns:
- 2
- Lot Size Units:
- Acres
- Lot Size Area:
- 197.5100
- Lot Size:
- Over 100 Acres
- Lot Features:
- Acreage,Agricultural,Brush,Many Trees,Pasture,Tank/ Pond
Utility Information
- Utilities:
- Asphalt,Electricity Available
Financial
- Number Of Residences:
- 2
- Unexempt Taxes:
- $3,938.00
- Transaction Type:
- For Sale
- Tax Legal Description:
- G-1348 WARD T W A-G1348, ACRES 186.58
Other Features
- Will Subdivide:
- No
- Structural Style:
- Farm/Ranch House
- Possession:
- Closing/Funding
- Parcel Number:
- 108331
Copyright 2026 NTREIS. All rights reserved. The data relating to real estate for sale on this Web site comes in part from the Internet Data Exchange Program of the NTREIS. Real estate listings held by brokerage firms other than SRE-Sudderth Real Estate includes the name of the listing brokers.
Data last updated: 2026-05-05.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.
