508 W HUGO, PETROLIA, TX 76377
Homes for sale in Petrolia.
Homes for sale in 76377.
508 W Hugo
Petrolia, TX 76377
List Price$399,000
Listing #21248889
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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