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Iconic Chunk of Texas for Sale for $725 Million

Real Assets
by trusted insight posted 3years ago 111 views
The Waggoner Ranch in north Texas is slightly smaller than Rhode Island and is the largest ranch in the U.S. within a single fence. Everything about it is Texas-scale: the colorful history, the sprawl, the oil that lies beneath it, and the feud among the heirs that is forcing a court-ordered sale. This old-fashioned working ranch comes with 6,800 cattle, 500 quarter horses, more than 1,000 producing oil wells, nearly 30,000 acres of farmland and more than 150 years of history. The price tag: $725 Million. (Video by: Jeniece Pettitt, Ryo Ikegami) (Source: Bloomberg)

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