Paragon Realtors Real Estate

24183 S Us 281Hico, TX 76457Price: $3,995,000

  • Price: $3,995,000
  • Est. Mortgage of $/month
  • 12 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $3,995,000List Price
  • 4Bedrooms
  • 3Bathrooms
  • 92.81Acreage
  • 2,160Square Feet

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Listed by Sissy Herring of TEXAS PROUD REAL ESTATE LLC (254-965-0711)
Now offered for Sale in Erath County, the Fraze Ranch once know as Home of Freckles Playboy brings functionality with all the amenity's of a working ranch. Designed on 92 acres with some of the best views and trees you'll find is a rare! Currently a show lamb facility but with little effort it will easily convert over to Equine. Equipped with multiple barns, large turnout pens, easy rotation, and set up for a one man show. The home offers todays modern charm and yesterdays uniqueness thru used material from old structures of the past. A full wrap around porch and stunning rock accents for flowerbeds, columns, and landscaping bring in the finishing touch. Thoughtfully designed pool and play area to host family gatherings and to entertain and flow with the type of property it sits on. Darling full bunkhouse, additional MH, and large packaging office. Features of the barns include a 6 stall buck barn, massive 16 stall show barn with split gates, holding barn, and a separate vet lab area. Both barn are set up with heating units and fans throughout, automatic waters, and spray foam insulation. You will appreciate the details of this ranch which shows how well it is maintained and well kept, the improved pasture, and layout. Several directions to go with this property rather it be equine, sheep, or show cattle. The opportunity is endless!

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Based on information submitted to North Texas Real Estate Information Services as of May 20, 2026 5:20 AM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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