454± acres of trophy Whitetail country bordering the Triangle ranch near Crowell. Turnkey cabin, feeders, blinds, and equipment included. Foard County’s best-kept secret, ready for its next chapter.
454± Deeded Acres
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Chad Dugger
Real Estate Partner, Appraiser
Lubbock, TX
Chad grew up in West Texas and has been in the farm and ranch real estate industry since 2000. After earning a bachelor’s degree in Agricultural Economics and a master’s degree in Land Economics and Real Estate while attending Texas A&M University, Chad began his career in farm and ranch property appraisal.
Over the years, he has specialized in valuations of various agricultural property types, emphasizing estate settlement and planning, undivided ownership interests, expert witness testimony, wildfire damages, ranch partitions, and other needs. For over 20 years, he was associated with Chas. S. Middleton and Son in Lubbock, Texas, where his practice diversified into the brokerage of farm and ranch property, with a trade area throughout Texas and New Mexico.
With vast experience and knowledge in all facets of farm and ranch real estate, Chad prides himself on the aggressive representation of buyers and sellers to maximize their return on investment. He has been blessed to have appraised and brokered several well-recognized and high-profile legacy-type ranch properties for well-known individuals and families and several of the Nation’s largest landowners.
Chad holds an Accredited Rural Appraiser Designation through the American Society of Farm Managers and Rural Appraisers, real estate broker’s licenses in Texas, New Mexico and Oklahoma, and general appraisal certifications in Texas and New Mexico.
Chad and his wife, Kaci, reside near Lubbock, Texas.
Texhoma, TX
87,953± Deeded Acres
Overview
Executive Summary
The Freeman Family Ranches represent a significant operational opportunity totaling approximately 87,953± acres across the Oklahoma and Texas Panhandles. This offering combines the 46,355± acre Anchor D Ranch, the 31,931± acre Coldwater Ranch, and the 9,661± acre Frisco Ranch into a diversified and highly functional cattle and agricultural enterprise. Each property contributes distinct operational strengths, including irrigated cropland, productive native grasses, and established infrastructure designed to support efficient livestock management.
The Anchor D Ranch, located about seven miles west of Guymon, Oklahoma, includes approximately 120 acres of irrigated cropland and benefits from the Beaver River traversing its central portion. The ranch is fenced and cross-fenced for efficient management, with a dependable water system, attractive live-water features, and functional improvements. It also offers recreational appeal with good populations of whitetail deer, mule deer, elk, turkey, quail, and dove.
The Coldwater Ranch, situated 19 miles east of Stratford, Texas, is an excellent ranching unit with 530 acres of irrigated cropland. Bisected by Coldwater Creek, the ranch has productive native grasses and good winter protection. The ranch is fenced and cross-fenced for ease of management and includes excellent livestock infrastructure. The main shipping/working pens include concrete feed bunks pens for straightening out cattle. The ranch is surrounded by irrigated cropland, with potential for irrigation development in the upland plains portions.
The Frisco Ranch, east of Texhoma, Oklahoma, is an excellent ranching unit that includes productive native grasses and four irrigated circles. The ranch also features a CAFO-permitted feedyard with a practical capacity of approximately 9,000 head. The feedyard includes a steam flaker mill. Additional income is generated through wind energy royalties and a bitcoin mine lease.
Collectively, the Freeman Family Ranches present a rare opportunity to acquire a well-managed, turnkey legacy landholding and ranching operation with both immediate productivity and long-term investment potential.
Co-listed with Sam Middleton of Chas S. Middleton and Son, LLC.
Just the Facts
- Total acreage of approximately 87,953± acres across three ranches
- Located in the Oklahoma and Texas Panhandles near Guymon and Stratford
- Includes 1,230± acres of existing irrigated cropland
- Potential to develop several thousand irrigated acres on Coldwater Ranch
- Beaver River provides surface water through Anchor D Ranch
- CAFO-permitted feedyard with 9,000 head capacity on Frisco Ranch
- Wind energy income and Bitcoin mine lease income
- Good fencing, water systems, and cattle infrastructure across all properties
- Abundant and good-quality groundwater resources throughout
- Additional upside from renewable energy, irrigation expansion, and operational scale efficiencies
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