$24.9 million ranch north of Dallas up for grabs – The Dallas Morning News

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A Red River ranch with a sprawling home on 2,300 acres is up for grabs, with a price tag of $24.9 million.

The 5R Ranch is in Cooke County and is a one-and-a-half-hour drive north of Dallas. The property stretches along the south bank of the Red River and includes a luxury hilltop home.


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Dallas’ Icon Global Group is marketing the ranch for sale.

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The 2,300-acre 5R Ranch north of Dallas has frontage on the Red River.(Contributed / Icon Global Group)
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“5R represents an idyllic and tranquil family or corporate recreational retreat in a highly sought after area which has rapidly increased in value in recent years,” Icon Global’s Bernard Uechtritz said in the marketing pitch for the property. “It is rare to find such a large, diverse ranch available, and rarer still to find a parcel with such river frontage. “

The ranch is just south of where Icon Global last year sold football star Terry Bradshaw’s 800-acre horse ranch located just across the Texas border near Thackerville, Okla. Last listed for sale for $22.5 million the property in Love County, Okla., ranch is near WinStar Casino.

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Development along Interstate 35 from Dallas to Gainesville “combined with the rapid and advancing developments and investments east to Sherman, make this quadrant of North Texas a most highly desirable and sound investment,” Uechtritz said.

Uechtritz and Icon Global are still marketing one of Texas’ largest ranches for sale. The Turkey Track Ranch in the Texas Panhandle totals almost 80,000 acres.

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The 2,300-acre 5R Ranch north of Dallas includes a hilltop luxury home.
The 2,300-acre 5R Ranch north of Dallas includes a hilltop luxury home.(Contributed / Icon Global Group)
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