508 W HUGO, PETROLIA, TX 76377

Homes for sale in Petrolia.

Homes for sale in 76377.


508 W Hugo

Petrolia, TX 76377

Status of the property has changed, please contact for details

List Price$399,000

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Listing #21248889

77.72

Acres

Lots / Land

Type

About This Property

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.

Property Features

Location Information

County

Clay

Subdivision

Byers Bros SD

Interior Features

Has Fireplace

No

Exterior Features

Style

Barndominium

Possible Best Use

Agricultural, Cattle, Devel

Utilities

Electricity Available, Water Available

Zoning

ag

Fencing

Barbed Wire

Development Status

Other

Lot Description

Acreage, Agricultural, Pasture, Pond on Lot

Is One Story

No

Lot Size in Acres

77.72

Lot Description

Acreage, Agricultural, Pasture, Pond on Lot

Lot Size in Sq. Ft.

3,385,483

School

Elementary School District

Petrolia ISD

High School

Petrolia

Elementary School

Petrolia

Additional Information

Property Type

LL

Has a Home Owners Association

No

Property SubType

Unimproved Land

Tax Annual Amount

202.0

Status

Active

Similar Listings

Mortgage Calculator

$1,862

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,437

Monthly Tax

$332

Monthly Insurance

$93

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

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