$8,200,000 ($515 per Acre)
9 ½ miles west of Sheffield on both sides of IH 10
Canon Ranch ranges from level to gently rolling, low desert brush country with big draws to low mountain country with long, deep canyons and large, grassy mesa tops.
Seller will convey 25% of the minerals they own. That conveyance is estimated to be around 2%. The ranch does have some older production. Surface damages and related surface income are substantial.
The headquarters is well improved with a nice ranch home, rock guest quarters, foreman’s house, hand house, detached garage, shop, metal barn, working corrals, and a dirt landing strip (3500’). All are in good condition. The ranch home is a stately, older two story brick set in a very attractive, fenced yard with large trees. Two other sets of working pens are strategically located throughout the ranch.
Mule deer, whitetail deer, aoudad, turkey, blue and bobwhite quail, plus the occasional wandering elk.
It is watered by 15 working wells and includes 4 wells that are not currently in use. Water quality is good with well depths averaging around 250 feet.
The Canon Ranch was purchased by John Canon around 1895. The two small houses that were lived in to prove up the original two sections have been preserved and are located at the headquarters. The ranch and fencing have been well-maintained through the years. A good grazing tenant has indicated his willingness to stay under the right circumstances. A quality West Texas ranch with this kind of history and continuity of ownership is rarely available.
This property is offered by Chip Cole & Associates, Ranch Brokers to qualified buyers by appointment only. Cooperative brokerage is invited. The property is subject to prior sale, change in price or terms, errors and/or omissions, or removal from the market without notice. The information contained herein, while obtained from sources deemed reliable, is not warranted (express or implied) by Broker or Seller.
Chip Cole & Associates, Ranch Brokers has specialized in ranch sales and real estate consultation in Texas and New Mexico since 1981 and has closed some $228 Million in ranch sales covering approximately 944,000 acres.