Texas ranch nearly the size of Rhode Island is selling for $725 million

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

VERNON, Tex. — The largest ranch in the U.S. within a single fence is up for sale.

The W.T. Waggoner Ranch is being sold for $725 million.

That price includes more than 1,000 oil wells, 6,800 head of cattle, 500 quarter horses, and 30,000 acres of cropland.

But the history of the land is what makes it priceless. At least that’s what Brooke Wharton, who has had the ranch in her family for at least 4 generations, says.

“It’s a shame the ranch is for sale. I really hope that whoever gets this ranch will keep it as a working cattle ranch,” she says. “The cowboy and ranching way of life is dying anyway, so to see something like this completely get lost, it’d be a big loss.”

Oklahoma’s own Will Rogers used to frequent the ranch, and Teddy Roosevelt went there to wolf hunt… that’s just a taste of the history that is held in the grasses of W.T. Waggoner Ranch.

To put the size of the land in perspective, Waggoner Ranch is 798 sq. mi., while New York City is 305 sq. mi. and Los Angeles is 469 sq. mi. At 1,214 sq. mi., even the state of Rhode Island is only 416 sq. mi. larger than Waggoner Ranch.

But the ranch and everything on it is being sold because of a long-time family dispute.

The ruling of District Judge Dan Mike Bird to sell the property ended more than 20 years of litigation between opposing branches of the Waggoner family who couldn’t agree whether to liquidate the property or split it up among themselves.

There have already been 600 inquiries about buying the ranch.

 

Report a typo

Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.