
$16,750,000
NAL Estimated Property Value842 Philips Ranch Road, Graham, TX, 76450
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About this property
The Waco Bend Ranch is an iconic ranch on the Waco Bend of the Brazos River just before its confluence with Rock Creek at the north end of Possum Kingdom Lake. Although the ranch is known for its horses, the ranch’s location, recreational opportunities, and natural beauty are unmatched. The main entrance to the ranch is only 90 minutes from DFW international airport and 15 minutes from Graham, Texas. Wild game is abundant and the ranch is an oasis for all manner of wildlife and game animals. There are miles and miles of scenic trails across the ranch and along the private shoreline. You will find the heart of the horse operation strategically set in a location that leaves 90% of the ranch undisturbed but is still very convenient and private from the ranch entrance and the owner's lodge. The main residence is a custom log lodge in a very private location with a commanding view of the Wild Bend of the Brazos. The ranch is offered with all-owned wind and minerals rights.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Graham
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