The Shoe Bar Ranch is all native pasture and located in an area with proven reserves of frac quality sand. The Monahans Sandhills are found on the western side of the ranch. The Colorado River Municipal Water District water line extends through the central part of the ranch. Three Santa Rosa Aquifer wells are located in the northwest corner of the ranch in the sand hills. Wheeler Road fronts the northwest corner of the ranch. The south boundary is fronted by railroad along IH-20 for approximately 5 miles. A title commitment, property boundary survey, environmental survey, water well test information and soil bore tests are available upon request and after the execution of a confidentiality agreement.
The Shoe Bar Ranch is located in Southwest Ector County, at Penwell, approximately 15 linear miles southwest of Odessa, Texas, on the north frontage road of IH-20.
25,572.35 +/- Deeded Acres
1,920.00 +/- TP Land Trust Lease Acres
960.00 +/- Acres In-Holding Parcels
The Shoe Bar Ranch has been under the same family ownership since the 1920s.
The ranch has traditionally been operated as a livestock ranching unit.
The topography of the Shoe Bar Ranch is level to gently undulating. Soils on the ranch generally range from sandy loams to fine sand. Mesquite is the primary brush, generally found in scattered concentrations throughout the ranch. Broomweed is also very common and ranges from scattered to thick. There are scattered pockets of greasewood, generally found in the northern part of the ranch. Sand hills are found in the extreme western part of the ranch.
There are two prominent lakebed formations on the ranch. Red Lake is found in the northern part of the ranch, and King Lake is found in the central part of the ranch. These lake beds provide a natural source of water during times of heavy rainfall and serve as excellent locations for dove hunting.
The native grass turf is in good condition over much of the ranch given recent timely moisture and a conservative stocking rate. The ranch has been rested, with no cattle on the ranch, for approximately two years.
The Shoe Bar Ranch is fenced and crossfenced into seven main pastures and a trap encompassing the ranch headquarters. The fences are overall in fair to good condition. Fence construction is typical barbed wire on wood post and steel T-post.
Livestock water is provided primarily by the Colorado River Municipal Water District water line, which extends through the central part of the ranch. The ranch has four water taps that are currently being used. Buried water lines are connected to the taps providing water to several drinking troughs. The ranch has four additional taps that are not in use. These additional four taps are an asset to the ranch and could be used to enhance the livestock water infrastructure.
Water wells, for livestock water, that are currently in use include two windmills and one well equipped with a submersible pump.
Red Lake, in the northern part of the ranch, and King Lake, in the southern part of the ranch, are natural sources of livestock water after significant rain events.
The Shoe Bar Ranch is well improved for the day to day operation of the ranch. The main home is a wood frame structure with brick exterior and metal roof. The interior includes two bedrooms, two remodeled bathrooms, kitchen, living room, utility room and brick fireplace. The bunkhouse is a wood frame structure with brick exterior and metal roof. The interior includes two bedrooms, one bathroom, kitchen and living area. The barn/shop is nearly new and is constructed of a pre-engineered steel frame with metal siding and slab foundation. On the east side of the shop and tied to the shipping pens are covered, pipe horse stalls. The main shipping pens are of pipe construction and include a truck load out, scales and squeeze chute. In addition to the main shipping pens, there are two sets of working pens on the ranch.
The Shoe Bar Ranch is located in the Permian Basin Region of Texas, which is one of the largest petroleum producing areas in the world. Like most ranches in the region, oil production and related infrastructure are found on the ranch. However, most all of the production is found in a concentrated area in the eastern part of the ranch. This leaves the majority of the ranch free of oil well and tank battery sites.
The Shoe Bar Ranch is located in an area considered to be one of the best for trophy mule deer. Also, given timely rains over the past year, the quail population has exploded. Other game species include dove, feral hogs and occasionally javalina are spotted.
No minerals will be conveyed. However, all rights associated with the production of wind energy and all water rights will be conveyed. $1 per ton royalty will be reserved on all mined sand, gravel or crushed rock.
This quality Permian Basin ranch, in close proximity to Odessa, deserves your attention.
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Contact Chad Dugger for more information or to schedule a showing.
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