Are you looking for rural acreage?

   / Are you looking for rural acreage? #1  

smstonypoint

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If so, here's your opportunity.:)


One of the largest ranches in the U.S. and an icon for Texas horse and cattlemen has been listed for $725 million, marking the end of a decades-long courtroom battle among the heirs of cattle baron W.T. Waggoner, who established the estate in 1923.

The estate includes the 510,000-acre ranch spread over six North Texas counties, with two main compounds, hundreds of homes, about 20 cowboy camps, hundreds of quarter-horses, thousands of heads of cattle, 1,200 oil wells and 30,000 acres of cultivated land, according to Dallas-based broker Bernie Uechtritz, who is handling the sale along with broker Sam Middleton of Lubbock.

Waggoner Ranch, among US' largest, listed for sale - Yahoo News

map2.jpg


W T Waggoner Ranch near Vernon, Texas contains approximately 535,000 acres.

Steve
 
   / Are you looking for rural acreage? #2  
I'm a little short this week. :laughing:
 
   / Are you looking for rural acreage? #3  
That pond must be a couple thousand acres!!!!


Eddie
 
   / Are you looking for rural acreage? #4  
Dollar down & dollar a week??
 
   / Are you looking for rural acreage?
  • Thread Starter
#5  
   / Are you looking for rural acreage? #6  
I can write them a check tomorrow... postdated of course. ;)
 
   / Are you looking for rural acreage? #7  
Don't despair, the property may not sell overnight.

If you buy the property, you will be the 14th largest private landowner in the US --The Land Report Magazine - 100 Largest Land Owners. I realize that you would only be #14, but, hey, you've got to start somewhere.;)

Steve

#14 ... I'm too old to start that low on the list. :laughing:

I wonder what the cash flow situation is. According to the article Electra Waggoner tried to force liquidation of the ranch beginning in 1991, but died in 2001 before the liquidation issue was ruled in her favor in 2003. This is a forced/ordered sale now following the appeals of that 2003 judgement. Or maybe it's all about family feuding.

Then there is the comment from the locals fearing that the new owners will just want to make money, (ya think :rolleyes:) and the area's heritage will die out. What is the world coming to when the 1%-ers just think about money, money, money? :laughing:
 
   / Are you looking for rural acreage? #8  
could make a nice little vacation get away
 
   / Are you looking for rural acreage? #9  
Maybe BFRO might be interested - should be good bigfoot country :)
 

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