240 Acres in Hugo, OK - $720,000

You enter the ranch near a set of old sheds and a small well house, from there a small set of pens and traps run to the south while the rest of the pastures are north and west. The ranch is divided into four main pastures with good cross fencing. The far western pasture is about 30 acres in size and the large pasture that adjoins it to the north is approximately 55 acres. Both have been cut for hay in the past, have a nice growth of Bermuda and still look the part of a hay meadow. The far northern pasture is about 65 acres in size and was at one time mostly wooded. It has been cleared except for the large pecan trees still growing there. These appear to be native pecans and there is a regrowth of pecan saplings beneath them as well as some blackberries and other brushy regrowth. This leaves the next owner with an option of either spraying and finishing the clean up to create another great pasture or letting some or all of it continue to grow to create a deer sanctuary. This would be especially beneficial on the eastern end of this pasture as it adjoins the Corps of Engineers land that buffers Hugo Lake. With the lake less than 2 miles away and surrounded by timber, it looks like a great spot to plant food plots and pull deer onto the property. In addition, the topography and clay soils in this pasture are ideal for building a lake up to 20 acres in size, assuming there are no flowage restrictions on this drainage associated with the Corps property and Hugo Lake. If this lake could be constructed, the duck hunting and fishing opportunity of the property would be outstanding. The last large pasture sits in the southern and eastern end of the ranch and is approximately 65 acres also. All pastures have shade, ponds for water and a strong limestone soil base that provides the minerals and nutrients that make cattle thrive. In addition, the arrangement of the pastures lends to an easy rotation between the west, middle and southern pasture as these three come to a central point with three gates making cattle movement convenient. Once cattle are in the northern pasture, they can be brought back to the barn area down the long arm of that pasture that extends to the south.

In addition, to the obvious ranching opportunities and the potential wildlife management options, a third possibility deserves mentioning. If you look just to the west of the property, you can see a large limestone quarry. This property has the same soil type as the quarry property and limestone surfaces in more than one location on the property. This leads us to believe that there is a good potential for limestone mining on this property in the future also. While the next buyer might never attempt to mine, it always good to have those type of resources on accessible on a property.

Lastly, the ranch has a high point perfectly situated in the dead center of the property. From there, the land slopes down 40 feet to the north and east. This would be a beautiful spot to build a house on and take in the 360 degree view of the ranch. Lush pastures, wildlife, a big view and quiet setting make this a great ranch for the next owner to take and develop into a showplace. If you are interested in taking this natural beauty and refining it, please call Chrissy Banks at 765 220 2489.