3893 Fm 906 EPowderly, TX 75473Price: $3,580,000

Located on the banks of the historic Red River in Lamar County just 1.5 hours northeast of the Dallas-Fort Worth Metroplex, The Chapman Ranch on the Red is a premier 420-acre recreational retreat offering an unmatched combination of natural beauty, privacy, fishing, hunting. The ranch features a gated entrance and long gravel drive that provide both convenience and exceptional privacy. One of the ranch's most impressive features is over one mile of Red River frontage, offering a unique blend of high scenic bluff banks and accessible sandbar shoreline. This diverse river frontage creates endless recreational opportunities, and exceptionap a scenic hill overlooking one of the ranch's beautiful lakesl wildlife.At the center of the ranch sits a well-positioned 2,100+ square foot brick home offering 3 bedrooms and 2 baths. This impressive ranch features four deep clear-water lakes well stocked. Over five miles of established ATV and ranch trails wind throughout the ranch. With over 150 feet of elevation change, the ranch offers a rare terrain profile for Northeast Texas. The ranch supports an abundance of whitetail deer and wild hogs, with quality mature bucks consistently harvested year after year. The ranch also features a large natural low area that offers excellent potential to create a sizeable duck hunting impoundment. Rich fertile crop ground located along the Red River bottom not only enhances the wildlife habitat but also provides the opportunity for agricultural lease income, adding an investment component to this already versatile ranch.The combination of recreation, hunting, waterfowl potential, and income-producing acreage makes this property increasingly rare in today's market. Additional improvements include an equipment shed with attached shop and overhead door. The property is also improved with two water wells and cooperative electric already in place.The Chapman Ranch on the Red offers the perfect balance of recreation, comfort, and income potential.