West Texas ranch lists at $20M

A West Texas ranch just hit the market for $20 million. 

Double T Ranch, the 22,000-acre property in Crockett County, between Fort Stockton and Junction, is asking about $909 per acre, the Dallas Morning News reported. Hortenstine Ranch Company and R.D. Kothmann Real Estate are marketing the property. 

The ranch, owned by the same family since 1968, has five homes and an airstrip. The largest house comprises 3,500 square feet with five bedrooms and four bathrooms. The second-largest house spans about 3,000 square feet with four bedrooms and three bathrooms.

It is one of the premiere ranches within the Edwards Plateau region, according to the listing.

“Grasses and habitats are in excellent condition due to an established brush management program and extensive watering system that benefits livestock and wildlife,” the listing states. “Fencing, roads, pens, barns and houses are all in place, making the property ready to use on day one.”

The land is currently used for hunting, as well as grazing more than 2,000 sheep, goats and cattle. Double T Ranch is part of Texas Parks & Wildlife’s Managed Lands Deer program, the listing says. 

The property is far from the biggest or most expensive Texas ranch on the market. The 424,000-acre Brewster Ranch, near Big Bend National Park, is priced at more than $400 million and has been up for grabs for several years now. Dallas oil tycoon T. Boone Pickens’ almost 65,000-acre Mesa Vista Ranch in the Panhandle was sold last year after being listed for $170 million.

However, Double T trumps some other high-end ranches in price and acreage. A 2,500-acre ranch in Erath County, less than two hours from Dallas, hit the market at $16 million in March. An 8,500-acre ranch northwest of San Antonio had an asking price of $18.5 million when it became available in August. 

—Quinn Donoghue