This 141 acre property located between Mobeetie and Wheeler in Wheeler County, Texas offers a turnkey small ranch operation featuring quality native grasses, dependable livestock water, thoughtful pasture design, and an existing income-producing surface lease. The property sits on the north side of Highway 152 with paved highway frontage and easy access. Historically the ranch has run approximately 150 nannies and has been thoughtfully developed with four separate pastures for rotational grazing. All perimeter and interior fencing is net wire and in working condition, making this a turnkey setup for goats, sheep, or cattle. A unique value-add to this property is the existing surface lease located in the southeastern corner, where approximately 10 acres are currently leased to a construction company at $3,000 per month with no defined end date. This active lease provides immediate cash flow and helps offset ownership costs.
For sale
$354,500
State Highway 152, Wheeler, TX 79096
--beds
0baths
--sqft
Farm
Built in ----
-- sqft lot
$345,300 Zestimate®
$--/sqft
$-- HOA
What's special
Paved highway frontageThoughtful pasture designDependable livestock waterQuality native grasses
- 125 days
- 67
- 5
Zillow last checked:
Listing updated:
Listed by:
Cayson George TREC #0716036 806-341-8524,
Western Heritage Realty/Invest
Source: LBMLS,MLS#: 202606573
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Interior area
- Total structure area: 0
Property
Features
- Fencing: Fenced,Full,Perimeter,Wire
Details
- Additional structures: Barn(s)
- Parcel number: 1239
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Farm
Community & HOA
Location
- Region: Wheeler
Financial & listing details
- Date on market: 5/15/2026
- Cumulative days on market: 126 days
- Listing terms: 1031 Exchange,Cash
- Road surface type: All Weather
Estimated market value
$345,300
$328,000 - $363,000
$1,696/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Listed for sale | $354,500 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment


