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Christie Ranch

Christie Ranch Ranch at Miami Texas - Ranch Property
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Property Description


Location:
The Christie Ranch is situated in the east-central part of Roberts County, approximately six linear miles north of Miami, the county seat of Roberts County. Access to the ranch is good. The ranch is bisected by Quarter Horse Road, a graded county road.

Topography:
The topography of the Christie Ranch ranges from rolling to broken with elevations from 2,680 to 3,000 feet MSL. The ranch is a combination of rolling upland grassland prairie and breaks. Approximately 30% to 40% of the ranch is characterized as breaks country. The rolling uplands are open with an excellent turf of native grasses. Several draws and seasonal creeks traverse and head on the ranch, draining the upland country. The most prominent drainage on the ranch is Horse Creek. This wide productive creek bottom traverses the west-half of the ranch in a northerly direction. The most rugged portions of the ranch are found along this seasonal creek. The primary vegetation includes buffalo grass, grama grass, bluestem, Indiangrass, beargrass and catclaw. Cedar becomes prominent in and along the rocky sideslopes and concentrated in the northwest part of the ranch. Soil types on the ranch include loams, clay loams and fine sandy loams.

The ranch is fenced and cross fenced into 13 pastures and 5 smaller traps. The fences are all in excellent condition, having been replaced after a wildfire in March 2006. Two pastures in the northwest part of the ranch are separated by the natural rimrock boundary. The main pastures range in size from approximately 350 to 1,420 acres in size.

Water Features:
The Christie Ranch is extremely well watered. The ranch is one of a very few remaining in this area that has all commercial water rights intact. Many of the area ranchers sold their commercial water rights to the Canadian River Municipal Water Authority, and it is rare to offer all water rights with a ranch property in this area of Texas.

Livestock water is provided by approximately 17 windmills, plus two wells equipped solar pumps and one additional well equipped with an electric submersible pump. The wells range in depth from approximately 200 to 300 feet, for the wells in the bottoms, and 600 feet, for the wells on the elevated uplands. Surface water features include numerous earthen tanks, spring, seasonal creeks and draws. The dirt tanks catch runoff and aid in erosion controll. These tanks are not reliable for year around sources of water, and the ranch is not dependent on tank water.

Structural Improvements:
The Christie Ranch is well improved for the day to day operation of the ranch. Structural improvements have been well maintained. The headquarter improvements include the following a manager's house, guest house, horse barn, equipment barn, hay shed and loafing sheds. The main barns were all constructed after the March 2006 fire.

There are two sets of pipe pens. The shipping pens, at the headquarters, are excellent and include a hydraulic chute.

Minerals:
All of the Seller's owned minerals will convey with the property. The seller owns 50% of the minerals. There are approximately 4,480 acres of producing minerals. The 2013-2016 average royalty income to the ranch was approximately $300,000 per year.

Approximately 7,680 acres of the ranch are non-producing. These minerals are currently under lease. This lease expires in December 2017. According to the executors of the Christie Estate, there has been no contact with mineral lessee regarding extending of the current lease.

Remarks:
The Christie Ranch represents some the very best the Texas Panhandle has to offer. There is not another ranch in this area of the Texas Panhandle currently for sale, or that has sold in recent years, that includes all of the commercial water rights and 50% of the minerals. In fact, it would be extremely difficult to find a quality ranch anywhere in Texas advertised with a true 50% mineral conveyance.

The Christie Ranch is located in a desirable area of the Eastern Panhandle, with average precipitation in the range of 23 inches per year. This ranch has been well cared for over many years and is a very special and unique offering. The Christie Ranch is realistically priced at $16,500,000, or $1,357 per acre.

If you have been searching for a productive Texas ranch with very well maintained improvements, abundant water and minerals, it may be years before you have an opportunity equivalent to the Christie Ranch.

For more information or to schedule a showing, please contract Chad Dugger.




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Property Info
  • Area: Miami, Texas
  • Status: Under Contract
  • Price: $16,500,000
  • Type: Ranch
  • Lot Size: 12,160 Acres

Documents

Contact Info
  • Offered by: Chad Dugger, ARA
  • Email: chad@csmandson.com
  • Office: (806) 763-5331
  • Direct: (806) 773-4749