




38987 Leo Rd, Asher, OK, 74826
About This Home
Escape to wide open Oklahoma countryside with this beautiful 160 acre ranch property in Pottawatomie County offering the perfect mix of pasture, water, and mature timber. The property features five ponds, a hayfield, and scattered trees, creating an ideal setup for cattle, horses, or recreational use while attracting abundant wildlife including deer. Canadian River is located just a short drive away, adding even more outdoor appeal. The property has a 2-bedroom, 2-bath home with surrounded by scenic views. The house place has a wood burning fireplace, with both well and rural water, and a two car detached garage. The property also includes a barn that provides storage for ranching equipment, livestock, or hobby projects. The land is nearly fully fenced, with cross fencing. Approximately 20% of the acreage is wooded with large mature trees, offering shade, privacy, and prime wildlife habitat. Conveniently located less than a mile from Highway 39, this property offers easy access while still providing the quiet country lifestyle. Situated roughly 60 miles from OKC, it’s an excellent opportunity for a working ranch, weekend retreat, or investment property. If you’ve been searching for large acreage with water, pasture, and a home already in place, this property offers exceptional potential in a beautiful rural setting.
Getting Around
Schools
Construction
Condition
- Year built: 1950
Materials
- Foundation: Crawlspace
- Roof: Tar/Gravel
- Construction materials: HardiPlank Type,Wood Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Dishwasher,Electric Water Heater,Microwave,Oven,Range,Stove,Washer
- Laundry features: Washer Hookup,Electric Dryer Hookup
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Features
- High Ceilings,Laminate Counters,Other,Ceiling Fan(s),Electric Oven Connection,Electric Range Connection
- Window features: Aluminum Frames
- Flooring: Carpet,Laminate
- Number of fireplaces: 1
- Fireplace features: Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Heat Pump,Propane,Other,Zoned
- Cooling features: Central Air
Interior Area
- Total structure area: 1,448
- Total interior livable area: 1,448 sqft
Property
Details
- Parcel number: 000012006003000501
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Covered,Porch
- Exterior features: Other
- Fencing: Partial
Lot
- Lot size: 158.81 Acres
- Features: Farm,Mature Trees,Pond on Lot,Ranch
Parking
- Total spaces: 2
- Parking features: Detached,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Hail
- Heat Wave
- Ice Storm
- Winter Weather
- Lightning
- Strong Wind
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Pottawatomie County and Oklahoma
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,514 | $42,168 |
| Home Insurance | $707 | $8,484 |
| Property Taxes | $359 | $4,308 |
| Electricity | $144 | $1,732 |
| Total | $4,724 | $56,688 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-08 | Price change | $695,000 |
| 2025-10-29 | Price change | $762,000 |
| 2025-09-10 | Listed for sale | $832,000 |
