You’ve got to get inside the numbers to really understand what ranches mean in Texas.
The price of rural land in Texas spiked after the pandemic, it’s true. The market leveled off this year, though, falling back to numbers closer to Q1 2020, according to October data from Texas Real Estate Center at Texas A&M.
None of that toned down the swagger that comes with big Texas ranch deals, especially this selection from The Real Deal’s headlines throughout 2022:
Yellowstone ranch sold
Sam Burk Burnett and Taylor Sheridan with 6666 Ranch (Wikipedia, Getty, Chas S Middleton and Son)
Fort Worth native Taylor Sheridan is a king of show biz and a bonafide King County ranch owner. The actor and creator of “Yellowstone” bought the ranch, one of the hit show’s locations, in March. The price of the sale, which included two other parcels, wasn’t disclosed. The 6666 Ranch, or “Four-Sixes” ranch as it’s known to locals in Guthrie, is about 142,372 acres, and the sale marked the first time it had changed hands since 1870.
T. Boone Pickens ranch sold
Kent Companies’ Bill Kent and the late T. Boone Pickens with Mesa Vista Ranch at 2050 Reynolds Ranch Road (Kent Companies, Getty, Hall and Hall)
A very big piece of Texas business history sold this year. The 64,000-acre Mesa Vista Ranch in the Texas Panhandle, owned by the late oil tycoon and billionaire T. Boone Pickens, sold in two pieces for an estimated total of $170 million. Pickens, who was 91 when he died in 2019, bought the Pampa ranch in 1972 and once offered it to media mogul Ted Turner.
Mt. Solitude Ranch hits the market
Bernard Uechtritz with the Ranch (Icon Global, Runion Photography)
A historic Texas ranch comprising 3,630 acres just 30 minutes from downtown San Antonio, anyone? The price wasn’t disclosed when the General Partners of Thomson Bexar Ranch listed Mt. Solitude Ranch this year. The family ranch, northwest of Scenic Loop Road has lakes, creeks and a lakeside limestone house and log cabin.
Live like Spanish royalty
King Ferdinand VII of Spain and 9716 Menchaca Road in Helotes, TX (Zillow, Vicent López Portaña, Public domain, via Wikimedia Commons)
As long as we’re in San Antonio, why not pick up the 18-acre property with ties to the Spanish Crown? The suburban ranch at 9716 Menchaca Road in Helotes, adjacent to the 1,000-acre Rancho Diana Natural Area, dropped its price to $1.8 million, about $100,000 per acre, in February.
Nineteen Mile Ranch
Foster Farm & Ranches Chad Foster (Foster Farm & Ranch, Getty)
Or get away from it all in the Texas Hill Country, where this 8,500 acres can be had for $18.5 million, or $2,176 per square foot. It’s 19 miles from Uvalde off Highway 55 and bounded by the Nueces River, with the Nineteen Mile Creek cutting through the middle of the property.
Braun Ranch
There’s no roughing it at this ranchette in Rough Creek Lodge and Resort. The 50-acre tract hit the market for $7.5 million, or $150,000 per acre, in March. The property, about 70 miles southwest of Fort Worth in Glen Rose, can sleep 24, with an owner’s house, a guest house, a casita and a “party barn.”
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— Maddy Sperling