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For sale
    • Price cut: $67K (5/8)
    $695,000

    38987 Leo Rd, Asher, OK 74826

    2beds
    1,448sqft
    : 
    $4,439/mo
    Get pre-qualified
    Single Family Residence
    Built in 1950
    158.81 Acres Lot
    $632,600 Zestimate®
    $480/sqft
    $-- HOA

    What's special

    Scattered treesFive pondsSurrounded by scenic viewsWood burning fireplaceTwo car detached garage
    Escape to wide open Oklahoma countryside with this beautiful 160 acre ranch property in Pottawatomie County offering the perfect mix of pasture, water, and mature timber. The property features five ponds, a hayfield, and scattered trees, creating an ideal setup for cattle, horses, or recreational use while attracting abundant wildlife including deer. Canadian River is located just a short drive away, adding even more outdoor appeal. The property has a 2-bedroom, 2-bath home with surrounded by scenic views. The house place has a wood burning fireplace, with both well and rural water, and a two car detached garage. The property also includes a barn that provides storage for ranching equipment, livestock, or hobby projects. The land is nearly fully fenced, with cross fencing. Approximately 20% of the acreage is wooded with large mature trees, offering shade, privacy, and prime wildlife habitat. Conveniently located less than a mile from Highway 39, this property offers easy access while still providing the quiet country lifestyle. Situated roughly 60 miles from OKC, it’s an excellent opportunity for a working ranch, weekend retreat, or investment property. If you’ve been searching for large acreage with water, pasture, and a home already in place, this property offers exceptional potential in a beautiful rural setting.
    142 days
    |
    176
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrea Childers 580-927-6264,

    Prime Land & Homes Realty

    Source: MLS Technology, Inc.,MLS#: 2609296MLS LogoOriginating MLS: MLS Technology

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Heat Pump, Propane, Other, Zoned
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Stove, Washer
      • Laundry: Washer Hookup, Electric Dryer Hookup
      Features
      • High Ceilings, Laminate Counters, Other, Ceiling Fan(s), Electric Oven Connection, Electric Range Connection
      • Flooring: Carpet, Laminate
      • Windows: Aluminum Frames
      • Basement: Crawl Space
      • Number of fireplaces: 1
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 1,448
      • Total interior livable area: 1,448 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Garage
      • Garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Porch
      • Exterior features: Other
      • Pool features: None
      • Fencing: Partial
      Lot
      • Size: 158.81 Acres
      • Features: Farm, Mature Trees, Pond on Lot, Ranch
      Details
      • Additional structures: Barn(s), Shed(s), Storage
      • Parcel number: 000012006003000501

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • HardiPlank Type, Wood Frame
      • Foundation: Crawlspace
      • Roof: Tar/Gravel
      Condition
      • Year built: 1950

      Utilities & green energy

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

      Community & HOA

      Community
      • Security: No Safety Shelter, Smoke Detector(s)
      • Subdivision: Highland Asher
      HOA
      • Has HOA: No
      Location
      • Region: Asher

      Financial & listing details

      • Price per square foot: $480/sqft
      • Tax assessed value: $34,664
      • Annual tax amount: $501
      • Date on market: 3/16/2026
      • Cumulative days on market: 330 days
      • Listing terms: Conventional,Other

        Estimated market value

        $632,600

        $601,000 - $664,000

        $998/mo

        Price history

        DateEventPrice
        5/8/2026Price change$695,000-8.8%$480/sqft
        Source: MLS Technology, Inc. #2609296 Report a problem
        10/29/2025Price change$762,000-8.4%$526/sqft
        Source: MLS Technology, Inc. #2538998 Report a problem
        9/10/2025Listed for sale$832,000$575/sqft
        Source: MLS Technology, Inc. #2538998 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$341 +2.5%$4,160 +3%
        2024$333 -2.9%$4,039 +3%
        2023$343 +21.5%$3,921 +3%
        2022$283 -1.4%$3,807 +3%
        2021$287 +4.1%$3,696 +3%
        2020$275 +4.7%$3,588 +3%
        2019$263 $3,484 +3%
        2018$263 +5.5%$3,383 +3%
        2017$249 +9.8%$3,284 +3%
        2016$227 -10%$3,188 -5.2%
        2015$252 +4.2%$3,362 +3%
        2014$242 +0%$3,265 +3%
        2013$242 +2.9%$3,170 +3%
        2012$235 +7.4%$3,077
        2011$219 $3,077
        2010-- $3,077
        2009-- $3,077
        2008-- $3,077
        2007-- $3,077
        2006-- $3,077 -5.5%
        2005$217 +8.7%$3,257 +5.8%
        2004$200 -1.3%$3,077 +0.6%
        2003$202 -2.2%$3,060
        2002$207 +0.3%$3,060
        2001$206 +7.8%$3,060
        2000$191 $3,060
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
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        Climate risks

        Neighborhood: 74826

        Getting around

        0 / 100
        Car-Dependent
        18 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Asher
        • High: Asher
        • District: Asher/Wanette (Y2)

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

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