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
Under contract
$2,000,000
7501 W Fm 1705, Happy, TX 79042
3beds
2,724sqft
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
- 24 days |
- 198 |
- 12 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Colby Gunnels 806-341-1515,
Clift Land Brokers
Source: AMMLS,MLS#: 26-4682
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
| Date | Event | Price |
|---|---|---|
| 6/14/2026 | Contingent | $2,000,000$734/sqft |
Source: | ||
| 6/9/2026 | Listed for sale | $2,000,000+5.3%$734/sqft |
Source: | ||
| 6/9/2023 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 5/12/2023 | Contingent | $1,900,000$698/sqft |
Source: | ||
| 4/25/2023 | Listed for sale | $1,900,000$698/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $292,540 |
| 2008 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 79042
Nearby schools
GreatSchools rating
- 8/10Happy Elementary SchoolGrades: PK-6Distance: 4.2 mi
- 8/10Happy High SchoolGrades: 7-12Distance: 4.2 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Randall County
- Happy
- 79042
- 7501 W Fm 1705


