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Lot/land
  • $3,580,000

    3893 Fm 906 E, Powderly, TX 75473

    --beds
    --baths
    464.48Acres
    Unimproved Land
    Built in 1987
    464.48 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Located on the banks of the historic Red River in Lamar County just 1.5 hours northeast of the Dallas-Fort Worth Metroplex, The Chapman Ranch on the Red is a premier 420-acre recreational retreat offering an unmatched combination of natural beauty, privacy, fishing, hunting. The ranch features a gated entrance and long gravel drive that provide both convenience and exceptional privacy. One of the ranch’s most impressive features is over one mile of Red River frontage, offering a unique blend of high scenic bluff banks and accessible sandbar shoreline. This diverse river frontage creates endless recreational opportunities, and exceptionap a scenic hill overlooking one of the ranch’s beautiful lakesl wildlife.At the center of the ranch sits a well-positioned 2,100+ square foot brick home offering 3 bedrooms and 2 baths. This impressive ranch features four deep clear-water lakes well stocked. Over five miles of established ATV and ranch trails wind throughout the ranch. With over 150 feet of elevation change, the ranch offers a rare terrain profile for Northeast Texas. The ranch supports an abundance of whitetail deer and wild hogs, with quality mature bucks consistently harvested year after year. The ranch also features a large natural low area that offers excellent potential to create a sizeable duck hunting impoundment. Rich fertile crop ground located along the Red River bottom not only enhances the wildlife habitat but also provides the opportunity for agricultural lease income, adding an investment component to this already versatile ranch.The combination of recreation, hunting, waterfowl potential, and income-producing acreage makes this property increasingly rare in today’s market. Additional improvements include an equipment shed with attached shop and overhead door. The property is also improved with two water wells and cooperative electric already in place.The Chapman Ranch on the Red offers the perfect balance of recreation, comfort, and income potential.
    35 days
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    126
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    9
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    Zillow last checked:

    Listing updated:

    Listed by:

    Bryan Glass 0614699,

    Glass Land and Home LLC 903-785-8457

    Source: NTREIS,MLS#: 21252090

      Facts & features

      Interior

      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Video & virtual tour

      Property

      Features
      • Fencing: Barbed Wire
      Lot
      • Size: 464.48 Acres
      • Features: Acreage, Agricultural
      • Residential vegetation: Brush, Heavily Wooded, Partially Wooded
      Details
      • Additional structures: Barn(s)
      • Parcel number: 403526
      • On leased land: Yes
      • Zoning description: AG
      • Horse amenities: Barn

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Electricity Available, Septic Available, Water Available

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Powderly

      Financial & listing details

      • Annual tax amount: $2,537
      • Date on market: 5/28/2026
      • Listing terms: Cash,Conventional,USDA Loan,VA Loan
      • Road surface type: Asphalt, Gravel

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,972/mo

        Price history

        DateEventPrice
        5/28/2026Listed for sale$3,580,000-0.6%
        Source: NTREIS #21252090 Report a problem
        1/5/2026Listing removed$3,600,000
        Source: NTREIS #20942909 Report a problem
        6/4/2025Listed for sale$3,600,000
        Source: NTREIS #20942909 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 75473

        Getting around

        0 / 100
        Car-Dependent
        21 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Parker
        • Middle: Stone,Bailey
        • High: Northlamar
        • District: North Lamar ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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