Mansion Global

A Texas-Sized Listing

A Texas ranch that spans six counties is on the market for the first time for $725 million

Save

It’s an old adage that “Everything is bigger in Texas,” but one real estate listing is massive even by the Lone Star State’s standards. Waggoner Ranch, a half-a-million acre Texas property currently listed with Mansion Global, is on the market for $725 million. The ranch spans six counties, houses over 100 properties and features, according to the listing, a “diverse ranching operation running thousands of cattle, almost 30,000 acres of farmland, substantial oil operation, nationally known horse program and recreation opportunities from wildlife and large lakes.” CNN spoke with Bernard Uechtritz of Briggs Freeman Sotheby’s International Realty, the agent representing Waggoner Ranch, about the unique nature of the listing and the challenges of trying to sell such a property. "I can tell you it's not often you can dismiss out of hand an offer for several hundred million dollars -- you're not even getting on the dance floor with several hundred million dollars," he told CNN. "Where can you go with half-a-million acres under one fence with oil, cattle, natural resources and intellectual property. Nowhere, it's just not out there." "If I take buyers on a viewing it takes about an hour and 45 minutes in a helicopter to get the rough overview," said Uechtritz. "I can then show you the highlights in one or two days but a more intensive tour takes three or four days."But it's worth it. It's just so beautiful, as I said, one of a kind. This is going to make ranching history."

This is the first time that the ranch, which has been owned by the same family since 1849 and was a favorite retreat of President Theodore Roosevelt, has been officially offered for sale. View the full listing[CNN]