Listing provided courtesy of Arrowhead Land Company- MLS# 21248889MLS ProviderContact Information: Jimmy Padgett - 817-913-5323

508 W HugoPetrolia, TX 76377

Vacant Land · 77.72 Acres
$399,000 Pending

508 W Hugo Overview

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Take a look at this exceptional 77.72 MOL acre property in Clay County, Texas, offering a versatile blend of recreational appeal, agricultural usability, and long-term investment potential. Positioned just outside Petrolia, this tract features approximately 3,000 feet of road frontage along Grove Lane, providing excellent access and future flexibility. The property is backed by a recent survey and benefits from a city water meter already in place at the southeast corner, with electricity available nearby, making it ready for your vision, whether that’s building a country home or establishing a weekend retreat. The land itself offers a strong mix of functionality and natural beauty. A spring-fed pond sits in the northwest corner, providing a reliable water source for wildlife, while an additional earthen stock pond runs along the south fence line, ideal for livestock use. The property is Ag exempt, making it a cost-effective option for those looking to run a small cattle operation or maintain agricultural use. For the outdoorsman, this tract delivers excellent hunting opportunities with healthy populations of deer, turkey, dove, and varmints. The layout and water sources create an ideal habitat, making this a turnkey recreational property. This property is located just 1 mile outside Petrolia, 23 minutes from Wichita Falls, and 1 hour and 49 minutes from DFW. All showings are by appointment only. If you would like more information or would like to schedule a private viewing please contact Jimmy Padgett.

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508 W Hugo Facts & Features

  • Type Vacant Land
  • Lot 77.72 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Petrolia ISD
  • Elementary School: Petrolia
  • High School: Petrolia

Location/Region

  • Country: US
  • County Or Parish: Clay
  • Subdivision Name: Byers Bros SD

Community/Development

  • Development Status: Other

Tax Information

  • Tax Annual Amount: 202.0

General Information

  • Possible Use: Agricultural,Cattle,Development,Grazing,Horses,Hunting,Investment,Livestock,Manufactured Home,Mobile Home,Pasture,Poultry,Ranch,Recreational,Unimproved
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Acreage,Agricultural,Pasture,Pond on Lot
  • Lot Size Acres: 77.72
  • Lot Size Area: 77.72
  • Lot Size Square Feet: 3385483.2
  • Lot Size Units: Acres
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Barndominium

General Information

  • Fencing: Barbed Wire
  • Utilities: Electricity Available,Water Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

508 W Hugo Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

508 W Hugo Market Data

Based on the last 30 days in this zip code

$145,362
Average List Price
$83
Average Price per Square Foot
0
Properties Sold
28
Average Days on Market
4
Properties for Sale
Calculations provided by Reliance Network


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