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For sale
  • $1,450,000

    741 Reeves Rd, Graham, TX 76450

    3beds
    2,764sqft
    : 
    Single Family Residence
    Built in 1890
    161.24 Acres Lot
    $-- Zestimate®
    $525/sqft
    $-- HOA

    What's special

    Set of cattle pensDedicated officeSun roomFour spacious bedroomsCentral heat and airGranite countertopsCarport and one-car garage
    Reeves Farm and Ranch offers a unique opportunity to step back in time and experience a piece of Texas history, with this 161.24A± acre ranch located just minutes from Graham, Texas. Featuring a beautifully preserved farmhouse dating back to the late 1890s, this property perfectly combines historic charm with modern-day comfort. With its rolling pastures, multiple ponds, and mature shade trees, this ranch provides the perfect setting for a serene country lifestyle. The farmhouse has been thoughtfully updated over the years to maintain its timeless character while providing the conveniences of contemporary living. Inside, you'll find four spacious bedrooms, two living areas, a dedicated office, and a large dry storage area. The vaulted ceilings enhance the sense of openness, while abundant natural light fills the home with warmth and charm. It's the perfect blend of rustic appeal and everyday functionality, making it comfortable as a full-time residence or a weekend retreat. The land itself is well-watered and highly versatile, featuring three water wells, multiple deep ponds, and several barns for storing livestock, hay, or equipment. The open grazing pastures are ideal for cattle, horses, and other livestock. At the same time, the wooded areas and water sources create excellent habitats for wildlife, making them suitable for hunting and fishing. Whether you're managing livestock, building a recreational getaway, or simply enjoying nature, this property provides endless opportunities. Additional improvements include a foamed attic for energy efficiency, a spacious yard with room for gardens or outdoor living areas, and a peaceful setting that feels miles away from town, yet is only a short drive from Graham's shops, restaurants, and schools. This property truly captures the essence of North Texas ranch living. With a rich history, beautiful scenery, and the convenience of possible owner financing, it offers a rare opportunity to own a property that's as practical as it is picturesque. Whether you're looking for a working ranch, a family homestead, or a private retreat, this 161.24-acre property delivers the best of both worlds with timeless character and modern comfort in a serene country setting. -- Home -- Originally built in the late 1890s, 2,764 sqft, 4 bed, 2.5 bath, office Open vaulted living and kitchen area Vinyl plank and tile flooring throughout Granite countertops Sun room and dry storage area Carport and one-car garage Central heat and air Propane for heat, the gas stove, and the fireplace Two septic systems -- RANCH IMPROVEMENTS -- Electricity to the home and barn with a covered equipment hangar Limited road system Fencing is in great shape for running cattle Set of cattle pens Two additional hay barns and multiple portable sheds -- WATER, COVER & TERRAIN -- Surface Water ~ Three ponds, two of which are very deep and drought-resistant Water ~ Good underground water in the area Tree Cover ~ Sparse tree cover, mainly around ponds and the house, with hardwood trees Underbrush ~ Minimal Native Grasses ~ Little native grass Improved Grasses ~ 119 acres in very productive Klein Grass Grazing ~ Currently grazed by owner Soils ~ Fine Sandy Loam -- HUNTING & RECREATION -- Wildlife ~ Whitetail Deer, Rio-Grande Turkey, duck, dove, hogs, varmint Hunting Pressure ~ Some hunting pressure from neighbors Fishing ~ One pond stocked with fish Land ~ Very productive farm land Native Grasses ~ Minimal, around ponds -- MINERALS & WIND -- Mineral Rights ~ Minerals to be reserved O&G Production ~ There is current O&G production Wind Rights ~ 100% wind rights convey Wind Production ~ No active wind lease on the ranch, wind lease 4.5 miles west of the property -- ACCESS & DISTANCES -- Road Frontage ~ Reeves Road - 3,300 ft Nearby Towns ~ 15 mi SW of Graham, Texas Major Cities ~ 55 mi S of Wichita Falls, 105 mi NW of Fort Worth Airports ~ 20 mi NW of Graham Municipal, 60 mi SW of Wichita Falls Regional AGENT COMMENTS: Reeves Farm and Ranch is a unique property in today's market. Steeped in rich history and owned by the same family for over 100 years. It is one of the most functional farm and ranches on the market, and also holds recreational value due to its improved grasses and drought-resistant ponds. This is a property to raise a family the old-fashioned way or add to a ranching operation with excellent grazing and hay production capabilities. Listing Agent:
    36 days
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    386
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    24
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    Zillow last checked: 8 hours ago

    Listed by:

    Heath Kramer,

    Campbell Farm & Ranch 940-549-7700

    Source: REALSTACK,MLS#: 93754

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Other
    Cooling
    • Other
    Features
    • Flooring: Other
    • Has basement: No
    Interior area
    • Total structure area: 2,764
    • Total interior livable area: 2,764 sqft
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    Property

    Lot
    • Size: 161.24 Acres
    Details
    • Parcel number: 792731

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Roof: Asphalt
    Condition
    • Year built: 1890

    Community & HOA

    Location
    • Region: Graham

    Financial & listing details

    • Price per square foot: $525/sqft
    • Tax assessed value: $344,410
    • Annual tax amount: $2,009
    • Date on market: 11/12/2025
    • Lease term: Contact For Details
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $2,454/mo

    Price history

    Price history
    DateEventPrice
    11/12/2025Listed for sale$1,450,000+3.9%$525/sqft
    Source: REALSTACK #93754 Report a problem
    10/8/2025Listing removed$1,395,000$505/sqft
    Source: Williams Trew - An Ebby Halliday Real Estate Company #21024708 Report a problem
    8/7/2025Listed for sale$1,395,000-46.3%$505/sqft
    Source: NTREIS #21024708 Report a problem
    5/7/2024Listing removed$2,600,000$941/sqft
    Source: Williams Trew - An Ebby Halliday Real Estate Company #20558252 Report a problem
    4/17/2024Price change$2,600,000-6.5%$941/sqft
    Source: NTREIS #20558252 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$2,009 +31.6%$157,558 +6.2%
    2023$1,527 $148,329

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $9,130/mo
    Principal & interest
    $7160
    Property taxes
    $1462
    Home insurance
    $508

      Climate risks

      Neighborhood: 76450

      Nearby schools

      GreatSchools rating
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