3893 FM 906 E, POWDERLY, TX 75473
Homes for sale in Powderly.
Homes for sale in 75473.
List Price$3,580,000
3893 Fm 906 E
Powderly, TX 75473
Listing #21252090
About This Property
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.
Property Features
Location Information
County
Lamar
Subdivision
None
Interior Features
Has Fireplace
No
Cooling
Central Air, Ceiling Fan(s), Electric
Heating
Central, Electric
Exterior Features
Utilities
Electricity Available, Septic Available, Water Available
Current Use
Agricultural, Grazing, Hunting, Residential, Recreatio
Fencing
Barbed Wire
Possible Best Use
Agricultural, Cattle, Grazi
Other Structures
Barn(s)
Zoning
AG
Horse Amenities
Barn
Road Description
Farm to Market Road, All Weather Road, Asphalt, Grav
Lot Description
Acreage, Agricultural
Is One Story
No
Lot Size in Acres
464.48
Lot Description
Acreage, Agricultural
Lot Size in Sq. Ft.
20,232,748
School
Elementary School District
North Lamar ISD
Jr. High School
Stone
Elementary School
Parker
High School
Northlamar
Additional Information
Property Type
LL
Has a Home Owners Association
No
Property SubType
Ranch
Tax Annual Amount
2537.0
Year Built
1987
Documents Available
Aerial
Status
Active
Lot Acres Source
Assessor
Similar Listings
Mortgage Calculator
$16,718
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$12,900
Monthly Tax
$2,983
Monthly Insurance
$835
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Bryan Glass, Glass Land and Home LLC

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NTREIS - North Texas data last updated at May 28, 2026, 6:47 PM CT
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