For $725 Million, You Can Buy a Texas Ranch That's the Size of a Small Nation

[RKP5637]

Maybe Ted Cruz can buy this, have his own country, and leave the rest of us the F alone. Maybe the Koch brothers can give it to him as a gift!

http://www.bloomberg.com/graphics/2015-famous-texas-waggoner-ranch-for-sale/?cmpid=yhoo

Largest ranch in the U.S. within a single fence. Texas fixer-upper with more than 1,000 oil wells; 6,800 head of cattle; 500 quarter horses; 30,000 acres of cropland; tombstones for legendary cowboys, long-dead dogs, and a horse buried standing up. Favorite of Will Rogers and Teddy Roosevelt. Colorful history of drinking and divorce. Fifteen-minute drive to rib-eyes at the Rusty Spur in Vernon. Ideal for Saudi oil sheiks, billionaire hedge funders, and dot-commers who can tell a cow from a steer. Profitable. Zero debt. Property taxes only $800,000 a year. Price: $725 million.

[Liberal_in_LA]

1. 800 square miles! If was square, that is 28 miles on each side, a half hour drive

[RKP5637]

3. That's an awful lot of grass to cut!

[Travis_0004]

2. I'm not sure if its big enough

only 2,000 sq km?

I can't be seen in that. 100,000 sq km is where its at.

(the ranch covers as much land as new jersey, or 1.6% of Australia.
http://money.cnn.com/2015/06/25/real_estate/australia-cattle-ranch/

[Snobblevitch]

4. Mark Zuckerberg's Facebook stock

dropped $675,000,000 today otherwise he might have been a prospective buyer.

[hifiguy]

5. Why on dog's green earth

would anyone even WANT someplace like that. Only in Texas.

If someone gave it to me I would sell it sight unseen, take the money and head for New Zealand. With that kind of cash in my pocket I am sure I would be welcomed as a Kiwi citizen.

[RKP5637]

6. If I had that kind of money Texas is the last place in the universe I would want to be. n/t

[hifiguy]

7. No shit.

Tuscany, the south of France, New Zealand, Paris, Rome, yes. Texas, no.

[Horse with no Name]

13. Not to mention the area is really sucky

lol

[dsc]

8. that is a ridiculously low tax rate

800000/725000000 is 0.00110 or 1.1 mills. Most places have at least 10 times that as a rate.

[Initech]

9. I call it "Petoria".

[RKP5637]

10. Yep!

[Vinca]

11. If I had $725 million the last place I'd spend it is Texas.

[Horse with no Name]

12. The property I grew up on was originally part of the Waggoner Ranch before they downsized it

still had the "W" on the gates when we bought it in the 70's.

[RKP5637]

19. interesting! Sometimes in my travels I've come across old gates, grand entrances all grown over

now, often I wonder what was once there, etc. Places divided, cut up or whatever, or just ghostly standing there silently vacant in a time long gone.

[Javaman]

14. If you ever have been to that area of Texas...

you will also know that you will get nothing more than a lot of flat scrub brush land.

and if you are lucky, you will get about 24 inches of rain a year.

it's roughly located on the dry line.

that's the area of the nation where the wet meets the dry.

either you get nothing regarding rain or you get insane tornado thunderstorms.

you dream of "riding the range"? knock yourself out.

that is a hellish area to live, especially in the winter.

[RKP5637]

16. Great for making old TV westerns.

[Octafish]

15. You know, if I had the money to spare, the Ol' Triple Reverse-D would be nice...

"I see there's an oil well for each cow." -- Will Rogers

http://www.waggonerranch.com/goodnight.htm

[RKP5637]

17. Thanks for the link, interesting and cool pictures!

[DFW]

18. If it weren't for those pesky property taxes of $800,000 a year

Sure, I'd just cough up $725 million out of petty cash (after figuring out a way to cyber-rob Sheldon Adelson's Macau account, or something), but I just couldn't bring myself to hand Greg Abbott $800 grand a year to help finance all the evil stuff he's doing.