This historical ranch in Texas is set to become the worlds most expensive property, after being put on the market at £460 MILLION.
The W.T. Waggoner Estate Ranch is the biggest ranch in America, covering 510,000 acres of land. It’s bigger than Greater London, and covers six Texan counties. 800 square miles… That’s massive!
Established in 1849 by Dan Waggoner, it was expanded by his son WT Waggoner.
In 1902, while digging for water, they struck oil, and there are now more than a thousand oil wells pumping out… But only 10% of the ranch has been explored or drilled. Which probably helps explain the colossal price tag.
Bernard Uechtritz, from Briggs Freeman Sotheby’s International Realty said:
It is an extremely rare piece of property, not only b ecause of its individual attributes but you likely simply cannot buy this amount of contiguous ranchland under one fence anywhere else in the world.
Certainly there are none, however large, that have the exact qualities, history and potential upside of this property .Advertisement
There are 510,000 acres on the estate, making it the largest ranch in the United States under one fence. It’s a record breaking price because it is a completely unique offering.
This is a legacy property having never been on the market before and been in the same family for the past 160 years since the 1800s.
There are 510,000 acres on the estate, making it the largest ranch in the United States under one fence. It’s a record breaking price because it is a completely unique offering.Advertisement
So there you have it, if you want to buy the biggest ranch ever, it’s going to cost you.
I think I’d rather buy an island for 5p myself, much more within my price range.
Does look nice, like.