508 W Hugo is listed for sale at $ 399,000. This is a Land / Unimproved Land property. The lot size is 77.72 Acres. ##BR##Take a look at this exceptional 77.72 MOL acre property in Clay County, Texas, offering a versatile blend of recreational appeal, agricultural usability, and long-term investment potential. Positioned just outside Petrolia, this tract features approximately 3,000 feet of road frontage along Grove Lane, providing excellent access and future flexibility. The property is backed by a recent survey and benefits from a city water meter already in place at the southeast corner, with electricity available nearby, making it ready for your vision, whether that’s building a country home or establishing a weekend retreat. The land itself offers a strong mix of functionality and natural beauty. A spring-fed pond sits in the northwest corner, providing a reliable water source for wildlife, while an additional earthen stock pond runs along the south fence line, ideal for livestock use. The property is Ag exempt, making it a cost-effective option for those looking to run a small cattle operation or maintain agricultural use. For the outdoorsman, this tract delivers excellent hunting opportunities with healthy populations of deer, turkey, dove, and varmints. The layout and water sources create an ideal habitat, making this a turnkey recreational property. This property is located just 1 mile outside Petrolia, 23 minutes from Wichita Falls, and 1 hour and 49 minutes from DFW. All showings are by appointment only. If you would like more information or would like to schedule a private viewing please contact Jimmy Padgett.