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´The Statue of Liberty of cowboy
culture´: Iconic Waggoner cattle ranch
for sale for $725 million

Associated Press, by Staff

Original Article

Posted By:JoniTx, 8/10/2014 12:56:22 PM

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

      


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Reply 1 - Posted by: StormCnter, 8/10/2014 1:15:02 PM     (No. 9960521)

The Waggoner is referred to as the largest US ranch "under fence", meaning it is all in one big hunk of land. There are other ranching enterprises that are larger, the King Ranch for instance, but the parcels are scattered and not contiguous.

I´m sad to see the Waggoner ranch sold, but everyone who has watched the years-long court fight knew it was inevitable. Later generations of younger heirs aren´t interested in undivided ownership, they want to be able to cash out.

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Reply 2 - Posted by: bad-hair, 8/10/2014 1:15:41 PM     (No. 9960523)

For those not familiar with acres, that´s 800 square miles. About $900,000 per sq. mile.

One of my favorite Texas road signs is just pat the Louisiana border. It says Beaumont 26 El Paso 823



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Reply 3 - Posted by: SpeedMaster, 8/10/2014 1:30:06 PM     (No. 9960539)

Think they might take a check?

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Reply 4 - Posted by: Doctor P, 8/10/2014 1:31:48 PM     (No. 9960543)

http://www.landreport.com/americas-100-largest-landowners/

number 14 in size but the biggest in one place

In Texas alone, smaller than the King Ranch, and the Briscoe ranch run by the former Governor.

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Reply 5 - Posted by: JoniTx, 8/10/2014 1:33:48 PM     (No. 9960544)

Interesting...from the Comments Section in the Daily Mail:

To give you Brits a sense of perspective here, this privately owned ranch is nearly 5 times larger than Wales.



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Reply 6 - Posted by: Cherrybark, 8/10/2014 2:14:17 PM     (No. 9960590)

Rhode Island is just a little larger with 677 thousand acres vs the 510 thousand in the Waggoner spread.

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Reply 7 - Posted by: Refried, 8/10/2014 3:29:43 PM     (No. 9960652)

Probably end up sold to some Saudi prince.

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Reply 8 - Posted by: mickturn, 8/11/2014 9:14:57 AM     (No. 9961291)

WOW, let me get my penny jar to da bank, I´m sure I can afford at least 3 sq. ft. of the place...

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