Newcastle Ranch in northern Young County, covering 113 acres, features a log cabin with an open-floor plan, one bedroom, and two bathrooms. The design merges the kitchen and living space, complemented by front and rear porches for enjoying the views. It's equipped with a co-operative water supply, well, loafing shed, garage, and water tank, making it versatile for getaways, retirement, or recreation. The ranch offers hunting and fishing, with stocked tanks and diverse wildlife, including deer, turkeys, and ducks, preserved for over a decade. An observation platform provides panoramic views, and the property's history is highlighted by remnants of the New Castle railroad, adding intrigue with occasional artifacts found. Newcastle Ranch blends recreational opportunities, natural beauty, and history into an exceptional property.
Surface Estate Only of 193.41, m-l, scenic acres approximately 12 miles west of Olney with county road frontage on Troy Davis Rd. offering endless possibilities for ranching, RV & ATV recreation, and investment. This versatile property features two tracts suitable for cultivation, making it ideal for livestock operations, farming, or a combination of both. The property has perimeter and cross fences with barbed wire, making it well-suited for livestock management. A seasonal creek winds through the property, adding natural beauty, wildlife habitat, and a peaceful setting for weekend camping getaways. Heavily wooded areas provide excellent cover for deer, hog & varmint hunting. Co-op water meter is already in place, with electricity available along the county road for added convenience. Whether you're looking for a working ranch, hunting retreat, or private escape, this property has the space and features to make it your own.
Six acres just off Main Street headed west in Olney now available. This property offers a great opportunity for someone looking for a small acreage tract close to town with convenient access to utilities. Access will be provided by a written easement through the seller’s shop driveway, to be recorded. Otherwise, the property is currently landlocked. The front portion of the property lies within the city limits of Olney and, according to city code enforcement, currently has no set zoning. The back portion of the property is located in the county and falls within a 100-year flood zone. A seasonal creek runs along the east side of the property, and portions of the south and east boundaries are already fenced. Electricity and water are available at the highway, making future utility setup relatively simple. This property would make a great spot for someone wanting a little land with the convenience of being close to town. Buyer to verify all information, including zoning, utilities, easements, and floodplain status. Listing broker and seller make no warranties as to accuracy.
Located about six miles south of Olney, ten acres of flat and level pasture land ready to build a home in the country on. Adjoined by ten acre parcels so neighbors are not right on top of you. Quiet and serene environment.
This lot had a house that was removed 3 years ago. Water, gas, and sewer are in place. Power is ready to be hooked up by either power company. It has a storm shelter and a 50ft. Connex box on site. This lot is ready for a home, shop, or just a large lawn. Could also be used as a parking lot. Great location!
HUGE PRICE IMPROVEMENT! Perfect blend of hunting, ranch and residential opportunities. Mostly level with a gentle 10 ft elevation change. Scattered hardwoods and mesquite offering good cover for wildlife. Some cultivation. Mesquite Creek meanders the property. Close to Lakes Cooper and Olney. 2hrs from Ft Worth. 1 hour from Wichita Falls.
HUGE PRICE IMPROVEMENT! Perfect blend of hunting, ranch and residential opportunities. Mostly level with a gentle 10 ft elevation change. Scattered hardwoods and mesquite offering good cover for wildlife. Some cultivation. Mesquite Creek meanders the property. Close to Lakes Cooper and Olney. 2hrs from Ft Worth. 1 hour from Wichita Falls.
Airport Drive Ranch offers an exceptional opportunity to own a versatile and conveniently located property in north-central Young County. Situated at the intersection of Highway 79 and FM 3366, this tract lies just five miles southwest of Olney and only 1.5 miles south of the Olney Municipal Airport—an ideal location for access and visibility. The ranch is located just 1.5 hours from both Abilene and Fort Worth, and a short 45-minute drive south of Wichita Falls, making it a great option for commuters, weekenders, or full-time residents seeking a peaceful rural setting close to town. This property is well-suited for a homesite, recreational ranching, or future division, with municipal water and electricity available along the highway frontage. The land features flat, well-drained soils, established native grasses, and excellent perimeter fencing—ideal for livestock, grazing, or other agricultural uses. A beautiful deep pond enhances the landscape, providing water for wildlife and livestock, as well as great recreational value. With wide-open spaces and scenic country views, the setting invites quiet enjoyment and outdoor activities. Airport Drive Ranch combines prime location, utility access, and natural features, making it a rare find in today’s market. Whether you’re looking to build, invest, or simply enjoy country living close to town, this property delivers. Improvements: Highway 79 and FM 3366 road frontage, one pond, good to excellent existing fencing, improved grass pasture, rural water and electricity along highway. Wildlife: Whitetail deer, wild hog, dove, fishing.
Premier Hunting & Ranching Retreat with Expansion Opportunity. Escape to the perfect blend of outdoor adventure and Texas ranch living on this 318+- acre property in the heart of Young County. Designed for both recreation and livestock, this ranch offers everything from hunting to cattle-ready infrastructure plus the option to expand with an additional 360 adjoining acres available for purchase. At the center of the ranch, a 1,300 sq ft lodge provides the perfect retreat with a private master suite and two guest bunk rooms, ideal for family getaways or hosting hunting parties. Nearby, the impressive 2,000 sq ft insulated man cave with a stone fireplace sets the stage for entertaining and unwinding after a day in the field. For the sportsman, this ranch is fully turnkey, 4 deer blinds 4 corn feeders, and 2 protein feeders already in place. A private shooting range for year-round practice. Excellent wildlife habitat with a mix of open pasture and dense cover For the rancher, you’ll find expansive grazing pastures ready for cattle, Multiple stock tanks plus a 3-acre fishing lake stocked with bass. Working pens located in the north pasture for spring works, Every element of the land is set up for both productivity and recreation, whether you’re running cattle, fishing at sunset, or relaxing fireside after a successful hunt. Opportunities like this are rare, a 318+ acre ranch with lodge, lake, and complete setup in a highly sought-after area, with the ability to expand to nearly 680 acres total. Just a short drive from the DFW Metroplex, this property combines privacy, comfort, and true Texas ranch living.


Olney is located in Texas. Olney, Texas has a population of 3,021. Olney is less family-centric than the surrounding county with 17.74% of the households containing married families with children. The county average for households married with children is 28.29%.
The median household income in Olney, Texas is $36,875. The median household income for the surrounding county is $52,074 compared to the national median of $69,021. The median age of people living in Olney is 37.1 years.
The average high temperature in July is 96.1 degrees, with an average low temperature in January of 29.1 degrees. The average rainfall is approximately 30.8 inches per year, with 2 inches of snow per year.