$2,225,000

42041 Drive 728th Arapahoe, NE 68922

Estimated payment $13,941/month

Total Views 4,719
3 Beds
2 Baths
1,686 Sq Ft
$1,320 Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • Creek On Lot
  • Pasture
  • Waterfront
  • 2 Stock Tanks or Ponds
  • Electricity in Barn

About This Home

The Flying H Ranch has been a Legacy operation for over half a century in the Arapahoe/Holbrook Nebraska area. With family ties dating all the way back to the homestead days, improving cattle genetics has been the family legacy and business for many years. Dick and Bonnie Helms have decided to retire and sell the Flying H headquarters and heart of the operation. Their son Kyle and his family will continue the Flying H cattle genetics line and the family brand will continue on. The headquarters will soon be moving back to Kyles residence where the very original location all began years ago on Muddy Creek giving new buyers an opportunity to purchase a big portion of the East side of the Ranch. Generational operations like these only come around once a lifetime and American Legacy Land Company is proud to offer this ranch to potential buyers to expand on their own legacy.

The Ranch is located approximately 12 miles NW of Arapahoe NE. Directions to the property are: 7 miles north of Arapahoe to road 730 and 4 miles west to Road 420 then a mile back south to 728 Drive and half mile back east. Just a short drive from Arapahoe you will find a great opportunity for a fully operational ranch. This opportunity is available to be set up as a turnkey operation with additional equipment and personnel property available for purchase.

This area of Nebraska is known for high quality grass for cattle production along with very good water right over top of the Ogallala aquifer. Productive soils are also found here in this region for growing both irrigated and dryland crops to help produce feed for the livestock. Wildlife in this region has produced high quality whitetail and mule deer hunting through the years along with wild turkey, quail and pheasant species being prevalent throughout the area. Muddy Creek flows through one parcel of the ranch and provides a great year round natural water source and recreational opportunity. Available for purchase is a combination farm and ranch that includes Pastureland, Home, Shop Cattle facilities and pens as well as both irrigated and dryland farm ground acres.

The Ranch includes:
630 +/- Total Available Acres

Home Half Section 320+/-
20+/- Acreage Site/ Pasture
1686 sq. ft. 3 Bedroom 2 bathroom Home
60x135 Farm Shop with 60x60 being fully insulated and 14x24 office/bathroom
40x38 Metal Clad Barn
20x40 Open Cattle Shed
Multiple Improved Background Pens
Cattle working facility (optional)
Multiple Water Hydrants and livestock tanks throughout
100+/- Certified Irrigated Acres including a 2008 8000 series valley center pivot
Approximately 550 gallon per minute 10 inch well
180+/- Acres of Pasture
33.5 +/- Acres Dryland Farm Ground

East Parcel
160+/- Total Acres
113.29+/- Dryland Farm Ground
45.5 +/- Acres Pasture

West Parcel
150+/- Total Acres
105.61+/- Pasture/ creek land
43.4+/- Dryland Farm Ground

For all questions and to schedule any showings regarding the listing please contact: Bryan North 308.325.2858 or Nick Wells 308.995.9544

Listing Agent

Bryan North

American Legacy Land Co. Listed on: 07/16/2025

Listing Provided By

Home Details

Home Type

  • Single Family

Lot Details

  • Waterfront
  • Property fronts a county road
  • Rural Setting
  • Irregular Lot
  • Few Trees
  • Current uses include agriculture, grazing, hunting/fishing, residential single, row crop, livestock, irrigation
  • Potential uses include agriculture, equine, grazing, hunting/fishing, residential single

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Creek On Lot
  • Wildlife includes whitetail deer, quails, pheasants, turkeys, deer
  • Shop

Farming

  • Electricity in Barn
  • Breeding Barn
  • Hay Barn
  • Equipment Barn
  • Crops include wheat, alfalfa, corn, soybeans
  • 2 Stock Tanks or Ponds
  • Pasture
  • Cattle
  • Sheep or Goats

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Water to Barn
  • Hay Loft

Utilities

  • 3 Water Wells

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Bedrooms: Beds: 3
  • BathsCombined: 2
  • Office Phone: 308-337-6170
  • Listing Website: https://www.land.com/property/42041-drive-728th-arapahoe-nebraska-68922/24160228/
  • Property Type: Residential
  • Property Sub-Type: Single-family Detached
  • Offered By: LandNetwork
  • Potential Use: Agriculture, Equine, Grazing, Hunting/Fishing, Residential Single
  • Number of Stock Tanks: 2-5
  • Number of Wells: 3
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No
  • Full Bathrooms: 2

Exterior Features

  • Waterfront: True
  • Road Description: Gravel/Rock, County
  • Wildlife: Whitetail Deer, Quail, Pheasant, Turkey, Deer

Lot Info

  • Current Use: Agriculture, Grazing, Hunting/Fishing, Residential Single, Row Crop, Livestock, Irrigation
  • Barn Description: Breeding Barn, Electric to Barn, Equipment Barn, Hay Barn, Hay Loft, Water to Barn, Shop Building
  • Livestock: Cattle, Horses, Goats, Sheep
  • Lot Description: Acreage, Creek, Horses Permitted, Irregular, Pasture, Some Trees, Rural

Multi Family

  • Utilities Available: No City Services

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2025 07/16/25 For Sale $2,225,000 -- $1,320 / Sq Ft