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Under contract
  • $2,000,000

    7501 W Fm 1705, Happy, TX 79042

    3beds
    2,724sqft
    : 
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    Single Family Residence
    Built in 2007
    561.47 Acres Lot
    $1,915,800 Zestimate®
    $734/sqft
    $-- HOA

    What's special

    Custom brick homeCattle squeeze chuteJohnson heated water systemExceptional horse facilitiesRolling topographyProductive native grassFishing pond
    Happy Draw Ranch is a premier 561± acre ranch in southern Randall County offering a rare combination of productive native grass, rolling topography, mature trees, and exceptional horse facilities. Located in Happy ISD, the ranch features turnkey improvements, strong water infrastructure, and a private ranch setting. The ranch is well suited for a variety of livestock operations, or a horse trainer seeking a functional, well-laid-out property with convenient access to nearby regional amenities. The improvements are supported by excellent interior and exterior fencing, multiple water sources, and a thoughtful layout designed for efficient grazing, livestock handling, and daily ranch operations. Improvements & Features 561± acres native grass Happy ISD Approximately: 7 miles from Happy 19 miles from Canyon 38 miles from Amarillo 93 miles from Lubbock Frontage and access off FM 1705 Gated entrance with private drive Mature trees surrounding the home Custom brick home 3 bedroom / 3 bathroom Second living area is not included in total square footage Upstairs room Covered back porch Two-car garage with adequate space to park a dually truck Covered entertainment pavilion Fishing pond 3 wells (one that supplements the fishing pond) Rolling topography with scenic ranch views 3 water wells Sprinkler system Pipe and cable 160' x 280' roping arena Head and heel boxes Return alley Lead-up Sand footing 50 x 90 cutting pen with creosote boards and sand 20' x 80' barn Includes 20' x 20' finished tack room 40' x 60' horse pen 60' x 50' horse pen with 40' x 15' shed Johnson heated water system 40' x 50' cattle pen Cattle squeeze chute 5 livestock drinkers fed by underground pipeline system Cross fenced into 9 pastures for ease of rotational grazing
    24 days
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    198
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    12
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Colby Gunnels 806-341-1515,

    Clift Land Brokers

    Source: AMMLS,MLS#: 26-4682MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Living Areas, Office
      Cooling
      • Central Air
      Appliances
      • Laundry: Laundry Room
      Features
      • Has fireplace: Yes
      • Fireplace features: Wood Burning
      Interior area
      • Total structure area: 2,724
      • Total interior livable area: 2,724 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: RV Access/Parking
      • Attached garage spaces: 2
      • Has carport: Yes
      Features
      • Levels: Two
      • Fencing: Barbed Wire
      Lot
      • Size: 561.47 Acres
      Details
      • Additional structures: Barn(s)
      • Parcel number: 207334
      • Zoning description: 8000 - All areas in the 8000's

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick Veneer, Brick
      • Foundation: Slab
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2007

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Happy

      Financial & listing details

      • Price per square foot: $734/sqft
      • Tax assessed value: $1,062,536
      • Annual tax amount: $2,933
      • Date on market: 6/9/2026
      • Listing terms: Conventional

        Estimated market value

        $1,915,800

        $1.82M - $2.01M

        $3,161/mo

        Price history

        DateEventPrice
        6/14/2026Contingent$2,000,000$734/sqft
        Source: AMMLS #26-4682 Report a problem
        6/9/2026Listed for sale$2,000,000+5.3%$734/sqft
        Source: AMMLS #26-4682 Report a problem
        6/9/2023Sold--
        Source: Agent Provided Report a problem
        5/12/2023Contingent$1,900,000$698/sqft
        Source: AMMLS #23-2830 Report a problem
        4/25/2023Listed for sale$1,900,000$698/sqft
        Source: AMMLS #23-2830 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,933 +8.3%$666,506 +8.7%
        2024$2,709 -34.2%$612,917 -33.7%
        2023$4,115 +9.3%$923,973 +14.4%
        2022$3,764 +102%$807,793 +115.6%
        2021$1,864 $374,642 +10.6%
        2020-- $338,674
        2019$1,720 $338,674
        2018$1,720 $338,674 +1.5%
        2017-- $333,767 +13.4%
        2016-- $294,207
        2015-- $294,207 +0.1%
        2014-- $293,944 +0.4%
        2013-- $292,653
        2012-- $292,653
        2011-- $292,653
        2010-- $292,653 +0%
        2009-- $292,540
        2008-- --

        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        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: 79042

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Happy
        • Middle: Happy Junior High
        • High: Happy High School

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

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