Texas Ranch larger than NYC goes up for sale for a mere $725 Million

Discussion in 'The Howard Stern Show' started by dawg, May 19, 2015.

  1. dawg

    dawg In The Dog House Staff Member

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    At more than 510,000 acres, the Waggoner ranch in North Texas is among the nation's largest privately owned, contiguous ranches.

    In fact, it's probably the biggest "behind one fence," according to Bernard Uechtritz with Briggs Freeman Sotheby's International Realty, a Dallas-area firm listing the property.

    The asking price is $725 million for the ranch, which is also being shown by Sam Middleton of the Lubbock firm Chas. S. Middleton and Son.

    It's about 175 miles northwest of the Dallas-Fort Worth metroplex and 12 miles south of Vernon, the county seat of Wilbarger County. Wichita Falls is about 20 miles east of the ranch's eastern boundary, according to the sales brochure.

    "This is a Wall Street or Silicon Valley entrepreneur's last chance to buy the next King Ranch," Uechtritz said, referring to the state's other massive ranch operation in South Texas. "It's the only other ranching brand that has all the attributes and opportunities that the King Ranch does."

    The ranch's backwards "D" brand has been used continuously since 1849, making it one of the oldest brands in Texas, the sales brochure states.

    Since the property was listed in August, at the end of a long-running family dispute that landed in the 46th State District Court in Wilbarger County, interest has been "overwhelming," Euchtritz said.

    "We've had over 500 inquiries from all around the world," he said. "We are showing the ranch to national and international and Texas-based prospects on a weekly basis. A number of buyers are conducting due diligence, evaluating the property."

    Spread over six counties near the Oklahoma border, the Waggoner ranch includese 58 houses on two main compounds, Uechtritz said.

    One compound, Santa Rosa, is where Electra Waggoner Biggs, a noted sculptor and socialite, lived. Her sculptures included Presidents Dwight Eisenhower and Harry Truman and humorist Will Rogers on his horse.

    Rogers once lived at the other compound, Zacaweista, according to Uechtritz.

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    http://www.chron.com/homes/article/...-sale-for-725-milli-6273146.php#photo-8007787
     
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  2. scoobyla

    scoobyla Well-Known Member

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    id like to buy it and make it a cat ranch.



    if only i had sucker radio fans to donate the funds
     
  3. dawg

    dawg In The Dog House Staff Member

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    Can you imagine the property tax bill? :wtf:
     
  4. FishySausage

    FishySausage Original Nuttah VIP Gold

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    I'd like 510000 acres
     
  5. June DeMay

    June DeMay Well-Known Member

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    That's a big spread.
     
  6. dawg

    dawg In The Dog House Staff Member

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    You get 58 houses with the purchase.
     
  7. RONNIE THE CLAW

    RONNIE THE CLAW Well-Known Member

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    if it's a charity it is tax exempt: 501(c)3
     
  8. Shithead

    Shithead Well-Known Member

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    To much landscaping to be bothered with
     
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  9. dawg

    dawg In The Dog House Staff Member

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    Thats like 800 square miles. Want privacy? :jj:
     
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  10. Big Bad Booey

    Big Bad Booey Well-Known Member

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    Perfect for a successful cult.
     
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  11. June DeMay

    June DeMay Well-Known Member

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    That makes it work the $750 mil then! LOL.

    I'st almost twice as big as NYC.
     
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  12. Zyro

    Zyro Well-Known Member

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    They should turn it into a biker cemetery.

    Too soon?
     
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  13. dawg

    dawg In The Dog House Staff Member

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    No, perfect timing. They can bury them next to the Comanche. Too late? :c
     
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  14. Bentknee

    Bentknee Well-Known Member

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    probably not as much as you would imagine. Somehow the big landowners find a way to minimize their property tax burden
     
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  15. yaddc

    yaddc Well-Known Member

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    Who does the shoveling during the winter.
     
  16. Captain

    Captain Alto, Blanco y Guapo

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    Hey, let's pool our money as DawgShedders; buy the thing; form a single asset LLC; and then name it something like "Beth'O's Ranch of Horrors" or "Animoe League West Cat Ranch."

    I'm in for 18,000 reputation points!
     
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  17. DuckDong

    DuckDong Well-Known Member

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    That's 1400 an acre don't know if that is good or not for land in Texas

    Also is that the dry part of the state ?

    For that kind of money I could get an island in the Pacific and a whole lot of rub and tugs
     
  18. MyLazyHand

    MyLazyHand Russia and France Know What to Do

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    I enjoy following Jeff Bezos's wealth at Amazon.

    In the last month, AMZN stock is up $30 per share and Jeff has an extra $2.5 billion in the bank.

    He could purchase this ranch three times over with what he's "earned" since late April.
     
  19. reno

    reno VIP Extreme Gold

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    I've got twelve dollars in my wallet. In!
     
  20. Rupert Pupkin

    Rupert Pupkin That Ass is Attached to Daniela Lopez

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    If a guy like Bezos purchases the ranch, he will stop the cattle ranching, hunting and mineral extraction.......all the activities the lefties hate.

    Dick Cheney should get his oil and hunting buddies to purchase the property