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A. B. Hudson Estate - AUCTION

Electra , Texas | Wichita County | 26867 Acres

Property Information

The A. B. Hudson Estate consists of 26,867 remaining acres of ranch land located in northcentral Texas near Wichita Falls. The ranch properties lie in the heart of big Texas ranch country and are in excellent condition. The area is growing in popularity for hunting/recreational pursuits due to its proximity just over two hours from the Dallas-Fort Worth Metroplex. The fences and corrals are excellent and the water is very adequate. Long time tenants currently lease the ranches for grazing and a qualified outfitter leases the hunting rights. The ranch lands will be offered in 22 tracts and combinations subject to a minimum reserve of $440 per acre for the surface only.

The opportunity to buy nearly 27,000 acres of tall grass prairie in the big ranch country of northern Texas does not avail itself often in the marketplace.
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PHILANTROPIST

A B Hudson was an oilman, rancher, member and largest benefactor to the Shriners Hospital for Children. Born in 1923 in Athens, Texas to a farm family grew up in the burgeoning Kansas oilfield. He and his brothers formed Hudson Oil Company, which later sold to Koch Oil. In 1958 Mr. Hudson formed Highway Oil Company, the owner of this ranch property. Mr. Hudson prided himself on progressive land stewardship and he returned thousands of acres to native grasslands.

LOCATION

The A. B. Hudson Estate Ranch properties are located about 160 miles northwest of Fort Worth, Texas and 40 miles between and west of Wichita Falls, adjoining the city limits of Electra, Texas. The properties are easily accessed from US Hwy 287 and State Highway 25.

ACREAGE AND DESCRIPTION

Triangle & Lakeland Ranch – 26,867 +/- Acres
These two ranch properties, located in Wichita County and just south of Electra, Texas, adjoin each other with the Triangle on the north and the Lakeland on the south.

Combined the ranches have 25 fenced pastures ranging in size from approximately 100+ acres to 2600+ acres. There are over 45 ponds or tanks that supply adequate livestock water. The fences are mostly five barbed wires on steel posts with pipe corners. There are five sets of receiving/shipping corrals made of pipe and in top condition. Mineral and wind rights are severed from all ranches. There are numerous oil production locations on the ranches with many no longer in production. There is one building location housing a watch tower and feed storage also used as a hunting camp.

Best Ranch – 3,728+/- Acres, SOLD at AUCTION – Sept. 27, 2016
This ranch property lies several miles south of the Triangle/Lakeland properties in Archer County, TX near Lake Diversion and shown on the attached plat as Parcel 8. The property is leased for grazing and hunting with assignable leases and has excellent views of Lake Diversion. The property has 5 pastures and two traps and two sets of Corrals. The fences and gates are in excellent condition. There are 6 ponds plus small ponds in the traps. One pasture has access to Wichita River at Lake Diversion.

The grasslands are known as tall grass remnant prairie. The prominent grass varieties include little bluestem, indiangrass, switchgrass, big bluestem, sideoats grama, blue grama, green sprangletop, and buffalo grass. Additional grasses may include eastern gamma grass, tall dropseed, Texas cupgrass, Texas wintergrass, brownseed paspalum, fimbry, purple three-awn, Canada wildrye, Florida paspalum, microdentate sedge, Carolina jointtail, Mead sedge, Silveanus dropseed, tridens sps. Among the forbs, the following were found to be dominant in little bluestem-Indiangrass remnant prairies: false dragonhead, old plainsman, prairie acacias, bishops and bluets as well as prairie coneflower. The ranch has aggressively treated mesquite thickets to keep the grasses dominant and this program continues today. There are areas of the ranch that could be converted to cropland with mesquite tree removal.

RECREATION AND WILDLIFE

Recreation pursuits are a growing segment of the big ranch country. The quiet enjoyment of the property includes hunting pursuits for deer, turkey, quail and others. The demand for hunting and the income derived from hunting access is increasing as the Dallas-Fort Worth area continues to grow. For those desiring to own land for ranching, the opportunity to receive hunting lease income is a real benefit. Likewise, for those desiring to own land for hunting/recreation, the opportunity to collect significant grazing income is a win-win scenario.

CLIMATE

Elevation: 1220 feet
Köppen Classification: Humid Subtropical Climate
This climate is characterized by relatively high temperatures and evenly distributed precipitation throughout the year. Summers are usually somewhat wetter than winters, with much of the rainfall coming from convectional thunderstorm activity; tropical cyclones also enhance warm-season rainfall. The coldest month is usually quite mild, although frosts are not uncommon, and winter precipitation is derived primarily from frontal cyclones along the polar front.

The average temperature for the year in Electra is 63.2°F (17.3°C). The warmest month, on average, is July with an average temperature of 85.2°F (29.6°C). The coolest month on average is January, with an average temperature of 40.3°F (4.6°C). The highest recorded temperature in Electra is 112.0°F (44.4°C), which was recorded in August. The lowest recorded temperature in Electra is -4.0°F (-20°C), which was recorded in January.

The average amount of precipitation for the year in Electra is 28.8" (731.5 mm). The month with the most precipitation on average is May with 4.3" (109.2 mm) of precipitation. The month with the least precipitation on average is January with an average of 1.3" (33 mm). There is an average of 58.0 days of precipitation, with the most precipitation occurring in May with 7.0 days and the least precipitation occurring in December with 3.0 days. In Electra, there's an average of 1.8" of snow (0 cm). The month with the most snow is January, with 0.7" of snow (1.8 cm).

SUMMARY

The opportunity to buy nearly 27,000 acres of tall grass prairie in the big ranch country of northern Texas does not avail itself often in the marketplace. The opportunity to buy the surface only provides the Buyer a deep discount when seeking agricultural and recreational amenities. The A. B. Hudson Estate ranches have been well cared for and it shows in the quality and condition of the property. This offering allows the first buyer to customize the size through tract purchases or to acquire the entire ranch.

PRICING

Lakeland/Triangle Ranch: 26,867+/- Acres to be sold at AUCTION on May 12, 2017
Best Ranch: 3,728+/- Acres – SOLD

Listing Office: United Country AltaTerra Realty & Auction LLC, Phone: (903) 438-2585 TX License #9000813
Matt Armstong, CAI Auctioneer TX #17082
Mason & Morse Ranch Company TX License #9000849