The Waggoner Ranch

[smstonypoint]

I initiated a thread last summer regarding the sale of the Waggoner Ranch (510K+ acres) in Texas --http://http://www.tractorbynet.com/forums/rural-living/319326-you-looking-rural-acreage.html


Here's a new article that gives some interesting background on the Waggoner family and the ranch -- For $725 Million, You Can Buy a Texas Ranch That's the Size of a Small Nation | Bloomberg Business


Note that the $725M asking price includes a pink poodle lamp, a 1998 Bell 206B-3 JetRanger II helicopter, and a Miller Bobcat 225 NT welder.

Steve

 

[teg]

That was a nice read... thanks for posting. Wish I had a spare $725M. I spent a little time on the King ranch, this is much larger... crazy amount of land and money.

 

[wngsprd]

Quite the place! Thanks for sharing.

Now, if all the TBN members would contribute, we'd each have to pay only $2,700 to own a share in this property.

 

[square1]

Now, if all the TBN members would contribute, we'd each have to pay only $2,700 to own a share in this property.

One more tuition payment to make, so if someone can spot me 3 large...I'm in!

 

[bigtiller]

That's less than $350 an acre. Pretty good deal for someone with a good cash flow.

 

[smstonypoint]

That's less than $350 an acre. Pretty good deal for someone with a good cash flow.

510,527 acres for $725M works out to be $1,420/acre.

Steve

 

[Jstpssng]

Interesting. Also a little mind boggling, if somebody had the money to buy it and still keep it viable and intact.

$2700_per member though...hmmm. Do you suppose that Eddie Walker would be willing to be ranch manager?

 

[murphy1244]

Interesting. Also a little mind boggling, if somebody had the money to buy it and still keep it viable and intact.

$2700_per member though...hmmm. Do you suppose that Eddie Walker would be willing to be ranch manager?

Well since its the size of a small country we will have to make it a Cabinet position. Eddie would be Department of Interior.

 

[bigtiller]

510,527 acres for $725M works out to be $1,420/acre.

Steve

Oops, I got my farms mixed up.

 

[SPIKER]

Wonder if Mineral Rights come with>????

M

 

[smstonypoint]

Wonder if Mineral Rights come with>????

M

The article says the family is retaining 25% of the mineral rights.

Steve

 

[Tor Arne]

I have already asked the boss for a small pay rise so that I can participate in the bidding.:laughing: