For Sale

Parker Ranch

$24,000,000 Keystone, NE 27,482± Deeded Acres

Executive Summary

The Parker Ranch is a large sandhills ranch located in Arthur and Keith County Nebraska northeast of Ogallala or north of Keystone, NE. The Ranch consists of 27,482± deeded acres plus 1,280± acres of NE state lease. This all contiguous ranch is cross fenced to form over 34 different pastures to manage a controlled grazing system. Livestock water includes over 70 miles of pipeline plus 55 windmills. It is a range and cake ranch with minimal hay feeding. One center pivot is used for additional grazing or winter feed. A complete set of ranch improvements include three employee houses, owner’s brick home 4,200 square feet. Barns, corrals and other outbuildings complete the headquarters.

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Just the Facts

  • 11 miles north of Keystone, NE
  • 27,482± deeded acres and 1,280± NE state lease acres
  • Operating sandhill ranch utilizing a range and cake operation
  • Low operational costs
  • All contiguous and cross fenced into 34 pastures
  • 125 water tanks and 55 windmills
  • Single Zimmatic diesel center pivot for winter feed
  • 4,200 sq. ft. all brick owners home
  • 10 working facilities

General Description

The Parker Ranch is a sandhill ranch that does not have wet meadows and instead utilities a range and cake operation. The current owner trucks most of the cows off the ranch after weaning to corn stalks in the numerous irrigated farms in the Platte Valley south of I-80. The cows stay on the pivots until calving then trucked back to the ranch where the cows are fed high protein cake through calving then turned out on grass. An alternative is to keep all the cows on the ranch, range and cake through the winter then back on grass. 

Cost of operating is a huge factor on this ranch. Very little machinery is needed and only a small amount of hay is purchased each year. Utilizing a controlled grazing operation the ranch rotates the cows through the ranch. 

Each pasture has at least two livestock water locations provided by over 70 miles of underground pipeline and 55 windmills for a total of over 125 water tanks over 34 different pastures. Fences are all four wire and as perfect as fences can be.

Under the current owner, the ranch is running around 1,500 cows. Utilizing a range and cake system, rotating the grazing and keeping the cows on the ranch year-round the ranch is estimated to carry 1,200 to 1,300 head, all depending on management and weather conditions. First calf heifers are kept on the ranch through winter and do not go to corn stalks. 

Broker's Comments

The Parker Ranch is an all grass ranch with no hay production. Owned by the same owner for over 25 years this efficient ranch operates as a very conservative range and cake cow/calf ranch that is ready for the next owner. The ranch has been under excellent management for several years using pasture rotation. The grass on the ranch will prove the results of that.

Learn about the locale


The Parker Ranch is located 11 miles north of the Keystone Lake Road on the Keystone-Roscoe Road also known as Road East GN. The Roscoe Road to the ranch is a county maintained gravel road. Lake McConaughy is 8 miles west of Keystone, Ogallala is 20 miles southwest and I-80 is twenty miles south. From Ogallala, Denver is 212 miles and Lincoln, NE 275 miles. 


Keystone is the closest community to the Parker Ranch, but consists of a post office only. Keystone lies near the North Platte River and northeast of Ogallala. Lake McConaughy west of Keystone is Nebraska’s largest recreational lake. The dam at Lake McConaughy which is three miles long backs up the North Platte River for over twenty-two miles and as wide as three miles in some areas. Recreational use includes some of the state’s best fishing and all other recreational activities.

Ogallala, NE is the county seat of Keith County and has a population of over 4,700. Ogallala first gained fame as a terminal for cattle drives from Texas to the Union Pacific railroad in Ogallala which helped form the town. Ogallala is just south of Lake McConaughy which has sandy beaches, boating and fishing. The South Platte River runs through Ogallala. Additionally, Ogallala has one of the best livestock sale barns in the state. Most all other services needed for the farming and ranching operations can be purchased there.  

Airport service includes local at Ogallala for private pilots at KOGA with a 5,100-foot concrete runway. KLBF at North Platte offers commercial service daily to Denver. 


According to US Climate data, the average rainfall is 19 inches and average snow is 27 inches. Summer high is around 89 degrees. Elevation is approximately 3,400 feet. 

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Acreage (Deeded & Leased)

Deeded: 27,482± Acres

Nebraska State School Leases: 1,280± Acres 

Total Deeded and Leased: 28,762± Acres

Nebraska State School Leases

Keith County Lease:

Section 36: Township 16, Range 37 #111267-22 $9785.12 annual payment (expires in 2022)

Arthur County Lease:

Section 36: Township 17, Range 37 #110386-22 $10,519.20 annual payment (expires 2022)

Deeded Acres: 27,482±

State Leased Acres: 1,280±

Total Leased Acres: 1,280±

Total Acres: 28,762±

* All acreages are approximations.


Improvements on the ranch include three modular homes, machine storage, and shop. The crown jewel is the owner’s home which is an all brick home with over 4,200 square feet built in 2004 and overlooks the ranch from every direction.  

The ranch has ten different working facilities scattered across the ranch all built with pipe and guard rail and all have water. These are used for branding, doctoring, sorting and calving. The pivot is a 2015 Zimmatic and utilizes an Isuzu diesel for power.

Mineral Rights

Any owned mineral rights owned by the Seller will convey to Buyer.


Annual taxes are approximately $147,671.

Learn about the recreational amenities

Wildlife Resources

The Sandhills region is the largest remaining tract of mid and tall grass prairie in North America. Mule deer are plentiful across the sandhills. Grouse and sage hens may also be found in the region. Lake McConaughy offers some of Nebraska’s best fishing along with boating and camping. It is a huge lake with excellent inflow from the North Platte River. 

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