There’s nothing like it in the world. A piece of land so big, so storied and so steeped in family legacy that no title report or even a complete survey existed until recently.
The W.T. Waggoner Ranch, America’s largest ranch “under one fence,” consists of more than 510,000 contiguous acres encompassing an empire of oil fields, open ranges, fertile farming and endless miles of grazing land—all spread across six counties of West Texas prairie and open rangeland.
News regarding W.T. Waggoner Ranch, via PRNewswire:
VERNON, Texas, Feb. 9, 2016 — Representatives for the renowned W.T. Waggoner Ranch today announced that JudgeDan Mike Bird of the 46th Judicial District Court has allowed the Waggoner’s owners to proceed with a private transaction under which Stan Kroenke, American businessman, professional sports team owner and rancher, will become the Waggoner’s new owner.
This historic transaction will be the first-ever sale of the Waggoner, an approximately 535,000 acre estate which was established in 1849 and spans across 6 Texas counties and almost 800 square miles. It is currently the largest ranch under one fence in the U.S., and includes thousands of cattle, hundreds of horses and oil wells, and 30,000 acres of farmland. Terms of the potential transaction were not disclosed. The ranch has been marketed by Briggs Freeman Sotheby’s International Realty‘s Bernard Uechtritz. Continue Reading…
When you decide to buy a ranch, you’re making a significant investment. One of the first things to consider is whether your ranch will be used primarily as a retreat for your family or for producing income through cattle, mineral rights and hunting leases, for instance. Even if your primary purpose is pleasure vs. business, your ranch should produce enough income to cover maintenance.