NULL Of 254 counties in the Lone Star State, Gray County ranks 115th by size (929 square miles). Gray County is in Panhandle Texas. Gray County, Texas, includes 1,000 acres of equestrian property for sale based on recent Land Network data. The combined market value of farms, ranches, hunting land and other land for sale here was nearly $500,000. Browse all Gray County horse farms for sale on the Land Network to find the equestrian property that's right for your future needs, whether you're a horse breeder, equestrian business or simply horse lover looking for stable facilities, grooming pens or grazing pasture for your own horses. The most common type of land for sale by combined acreage in Gray County is house.