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$3,580,000 Just Listed
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Property Description
Located on the banks of the historic Red River in Lamar County just 1.5 hours northeast of the Dallas-Fort Worth Metroplex, The Chapman Ranch on the Red is a premier 420-acre recreational retreat offering an unmatched combination of natural beauty, privacy, fishing, hunting. The ranch features a gated entrance and long gravel drive that provide both convenience and exceptional privacy. One of the ranch's most impressive features is over one mile of Red River frontage, offering a unique blend of high scenic bluff banks and accessible sandbar shoreline. This diverse river frontage creates endless recreational opportunities, and exceptionap a scenic hill overlooking one of the ranch's beautiful lakesl wildlife.At the center of the ranch sits a well-positioned 2,100+ square foot brick home offering 3 bedrooms and 2 baths. This impressive ranch features four deep clear-water lakes well stocked. Over five miles of established ATV and ranch trails wind throughout the ranch. With over 150 feet of elevation change, the ranch offers a rare terrain profile for Northeast Texas. The ranch supports an abundance of whitetail deer and wild hogs, with quality mature bucks consistently harvested year after year. The ranch also features a large natural low area that offers excellent potential to create a sizeable duck hunting impoundment. Rich fertile crop ground located along the Red River bottom not only enhances the wildlife habitat but also provides the opportunity for agricultural lease income, adding an investment component to this already versatile ranch.The combination of recreation, hunting, waterfowl potential, and income-producing acreage makes this property increasingly rare in today's market. Additional improvements include an equipment shed with attached shop and overhead door. The property is also improved with two water wells and cooperative electric already in place.The Chapman Ranch on the Red offers the perfect balance of recreation, comfort, and income potential.
Full Property Details
Full Property Details for 3893 Fm 906 E
General
- Price: $3,580,000
- Taxes: $2,537
- Status: Active
- Type: Farm
- Source: NTREIS
- MLS ID: 21252090
- Updated: 5/28/2026
- Added to Site: 1 day(s) ago
Location
- County: Lamar
- Subdivision: None
- Driving Directions: From Paris N on hwy 271, R on FM 906E, Property on L.
School Information
- Elem School District: North Lamar ISD
- Midd School District: North Lamar ISD
- High School District: North Lamar ISD
- Elementary School: Parker
- Middle School: Stone, Bailey
- High School: Northlamar
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Well
- Well: Yes
- Utility Description: Electricity Available, Septic Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural, Grazing, Hunting, Residential, Recreational, Single Family
- Year Built: 1987
Additional Structures
- Other Structures: Barn(s)
Lot Features
- Lot Size (Acres): 464.48
- Lot Size (Sq. Ft.): 20,232,748.8
- Lot Size Source: Assessor
- Frontage: Farm to Market Road, All Weather Road, Asphalt, Gravel
- Lot Features: Acreage, Agricultural
- Potential Use: Agricultural, Cattle, Grazing, Horses, Hunting, Livestock, Pasture, Poultry, Ranch, Residential, Recreational, Single Family
- Trees/Vegetation: Brush, Heavily Wooded, Partially Wooded
- Land Lease Avail: Yes
- Zoning: AG
- Fencing (Description): Barbed Wire
Horse Property
- Horse Facility Desc.: Barn
Financial Considerations
- Tax Amount: $2,537
- Terms: Cash, Conventional, USDA Loan, VA Loan
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: A1095 W J THRASHER SURVEY, TRACT 1-1, ACRES 420+/-
- Property ID: 403526
Listed by Glass Land and Home LLC, Bryan Glass
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Schools
Schools serving 3893 Fm 906 E
School District:North Lamar Independent School District
| Name | Grades | Distance |
|---|---|---|
Aaron Parker Elementary School 98 Cr 44112, Powderly, TX 75473 | K-5 | 5.2 mi |
Frank Stone Middle School 3201 Panther Drive, Paris, TX 75460 | 6-8 | 12.7 mi |
North Lamar High School 295 Stone Avenue, Paris, TX 75460 | 9-12 | 12.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3893 Fm 906 E
Date
Details
Price
Change
Source
5/28/2026
Listed
$3,580,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3893 Fm 906 E
Year
Property Taxes
Change
Tax Assessment
Change
2022
$2,999
—
$213,240
-2%
2022
$2,999
4%
$217,410
11%
2021
$2,883
—
$195,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3893 Fm 906 E
3893 Fm 906 E, Powderly, TX 75473 (MLS# 21252090) is a Farm property with a lot size of 464.48 acres. 3893 Fm 906 E is currently listed for $3,580,000 and was received on May 28, 2026. Want to learn more about 3893 Fm 906 E? Do you have questions about finding other Farm real estate for sale in Powderly? You can browse all Powderly real estate or contact a Coldwell Banker agent to request more information.

