Listing provided courtesy of LAND PROS, LLCMLS# 40188MLS Provider
  • 40 days on site
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74 .6 Acres Water Permit Income-Producing Ranch Rush Springs Aquifer Just north of Cement sits one of the most unique water properties currently available in Southern Oklahoma. This 74.6-acre ranch is positioned over the legendary Rush Springs Aquifer — one of the few aquifers known for exceptional recharge rates and long-term water sustainability. Unlike many properties limited to one acre foot per acre, this property carries an existing irrigation permit allowing approximately 149.2 acre feet annually — nearly 48.5 million gallons of permitted water per year. The possibilities here are substantial: agricultural, municipal, oilfield, irrigation, investment, or future development potential. The permit costs only $25 annually and is already in place so can easily be permitted to new owner through the Oklahoma Water Resource Board. Two existing water wells service the property, including a dedicated well for the main residence. The land itself is equally impressive. Rolling terrain, towering cottonwoods and blackjack oaks, Bermuda grass production averaging approximately 150 bales per cutting, with potential for three cuttings in strong rainfall years. Tall fescue fills the bottoms where the naturally high water table helps keep the ground productive and lush. The stocked pond with catfish, perch and bass is fed by a constant-flow well system that circulates fresh water continuously, helping maintain clear water levels year-round while also supplying overflow water lines to three separate livestock troughs. Working cattle infrastructure includes pens, barn, lead-in alley, water at the pens, and a 1,000-pound Paul scale. Pastures have been professionally weed sprayed and maintained. The ranch-style home sits elevated on a hill with sweeping panoramic sunset views that seem to go on forever. Built with solid bones and character, the approximately 2,995 square foot home features 3 bedrooms, 2.5 bathrooms, cinder block construction on the original portion of the home, updated electrical and plumbing, newer flooring throughout, large picture windows, and a brand-new wood-burning fireplace insert. There is also a separate vented location ready for a pellet stove installation. Additional improvements include: ' Generac whole-home generator ' 250-gallon propane tank ' HVAC system approximately 2.5 years old ' Total electric home ' Brand-new garage door openers ' Carport ' (2) 1,000-gallon septic systems ' 5 person Hot tub on patio Adding to the income potential is a 2018 single-wide mobile home currently leased for $650/month on a two-year lease. The tenant residence is a 3-bedroom, 2-bath all-electric home and provides immediate supplemental income. The property also includes documented easements providing access to gates and rear entrances, plus an area previously utilized as a frac/water pit location that could potentially be repurposed again in the future. Seller is willing to divide, including the possibility of separating the home and approximately 12 acres, but would prefer to sell the ranch as a whole. Properties with this combination of water, income, agricultural production, infrastructure, and long-term investment potential rarely come available. This is more than a ranch — it is a water asset with real-world income opportunities and exceptional Oklahoma land. Listing is provided by Cace Robertson with Land Pros Real Estate in Duncan, OK. (580) 467-4060 (580) 252-3880 www.FarmsRanchesLand.com

Source: Duncan MLS, MLS#: 40188

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  • Property Type
    Residential
  • Lot
    74.60 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 42161 County Street 2720


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/20/2026Source: Duncan MLS Added to Database
May 20, 2026