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Real EstateTexas

For $725 million you can buy this massive, historic Texas ranch

By
Laura Lorenzetti
Laura Lorenzetti
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By
Laura Lorenzetti
Laura Lorenzetti
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July 23, 2015, 12:20 PM ET
Texas, Your Texas
Texas cowboy on a Texas ranch. Granbury Texas 2-2015Photograph by Getty Images

A Texas ranch featuring more than 1,000 oil wells, 6,800 head of cattle, 30,000 acres of cropland, and a tombstone for a horse buried standing up is on the market. You can get all this (and more!) for the cool sum of $725 million.

The ranch “takes days to see,” according to real estate broker Bernard Uechtritz. The W.T. Waggoner Estate Ranch is about 175 miles northwest of Dallas and covers 800 square miles, making it bigger than New York City and Los Angeles combined, reported Bloomberg.

The ranch is being sold whole hog, which means any buyer gets everything on the property, from the 29 tractors to the empty Old Taylor bourbon bottles that sit in an old hunting lodge. If Waggoner sells for its asking price, it will be the biggest publicly known sum ever paid for a U.S. ranch. The most paid to date was $175 million for a Colorado spread in 2007.

The ranch has a storied history and is going on the market after a local judge ordered the sale of the property, ending 20 years of litigation between dueling branches of the Waggoner family, which has owned the property almost as long as Texas has been a state.

Here’s just some of the interesting items that come with the sale:

  • IBM Selectric typewriter
  • 500 quarter horses (for which the ranch is known)
  • Pink poodle lamp
  • 1998 Bell 206B-3 JetRanger II helicopter
  • Dogs named Shoog, Bee, Jazz, CoCo, and Brute

Read more at Bloomberg.com.

About the Author
By Laura Lorenzetti
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