Feb 16, 2016
Historical W.T. Waggoner Ranch buyer: six counties, 800 square miles of pure legend
VERNON - Texas’ legendary W.T. Waggoner Ranch—13 miles south of Vernon—is getting a new owner with ties to the Dallas area.L.A. Rams owner Stan Kroenke is buying the 535,000-acre ranch, which is located...
VERNON – Texas’ legendary W.T. Waggoner Ranch—13 miles south of Vernon—is getting a new owner with ties to the Dallas area.
L.A. Rams owner Stan Kroenke is buying the 535,000-acre ranch, which is located northwest of Wichita Falls near the Red River.
A Texas judge has approved Stan Kroenke, as the court-appointed buyer of the sprawling Waggoner Ranch, which was listed on the market at $725 million.
If the deal closes, this would be the first sale of the historic ranch, which at more than 510,000 acres is the largest ranch under one fence in the United States.
Dating back to 1849, it’s the biggest contiguous ranch property in the U.S. and has always been in the hands of the same family.
The sprawling property—spread over parts of six counties and almost 800 square miles—was offered for sale at close to $725 million.The purchase includes thousands of head of cattle, more than 1,000 oil wells and 30,000 acres of farmland.
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