Massive Waller County ranch hits market for $35M

Luxury meets wildlife with a 1,400-acre ranch an hour’s drive from Houston that just hit the market.

The Broad Oaks Ranch in Waller County has a price tag of $35 million. The site lies three miles south of Hempstead on FM 1887, situated on the Brazos River. The property boasts 3.7 miles of river frontage with its topography split between the floodplain and rolling, wooded hills and a lake complete with sandy beaches.

Martha Adger of Martha Turner Sotheby’s International Realty and Jeff Boswell of Republic Ranches listed the property.

It is set up as a high-end, high-fence hunting ranch and is home to white-tailed deer, waterfowl, exotics and upland game birds. The main residence, built in 2015, is a pastoral four-bedroom, 11-bathroom house. The estate also includes two remodeled guest houses, a barndominium, an eight-stall horse barn, conference spaces and a two-bedroom cabin.

The owner is Keith Mosing, CEO of Mosing Group, a real estate investment firm based in Houston, according to the Waller County Appraisal District. 

He built the estate and other improvements on the property after purchasing it in 2014 from Greg Brown, founder of Dallas-based Cowboys & Indians, a Native American and Western lifestyle magazine. The Broad Oaks Ranch has been on the market for three weeks.   

Ranch sales over $2 million in Texas spent an average of 16-18 months on the market, before the pandemic, Boswell said. Now it’s about 10 months, he said. 

“We plan for a long-term market, but you never know,” he said. “You don’t see ranches this size with a luxury residence so close to Houston.”

Republic Ranches is no stranger to Waller County. Last February, it closed Angel Pines Ranch, a 550-acre tract near Threemile Creek, between Hempstead and Prairie View, for $11 million. The Houston-based firm also closed on one of the biggest ranch sales since the pandemic with Lakes of Gibbons Creek Ranch, 10 miles southeast of College Station, an 11,000-acre property that was listed for $75 million.  

Ranches became hot commodities after the start of the pandemic. Wealthy buyers across the U.S. have been flocking to these sprawling properties, seeking land and refuge.

“The growth we saw was mostly due to people trying to get out of the big cities,” Boswell said. “There’s also this element of protection as land is considered a shield against inflation.”

Texas has been at the forefront of the ranch-buying trend, cashing in on the influx of buyers. Land sales in 2021 saw the Lone Star State’s most significant spike since 1973 with an increase of 22 percent year-over-year and more than 9,000 total sales, according to data from Texas Real Estate Research Center at Texas A&M University. This boom divided between small and large land properties, with the latter typically including farms and ranches.