I thought the courts ordered the Waggoner ranch to be sold... Does anyone know if it did? It was 500,000 acres I believe.

I've been hearing for years that the Waggoner was to be sold off. Never heard if it happened.

From what I read I another forum the court order to sell the Waggoner was so tied up with appeals that it's unlikely a sale date will be set any time soon

The YO situation is different, two members of the trust were suing for the ranch to be split, so that they can sell their share. The other two wanted to keep the ranch as a going as is. Someone may have been persuaded that the solution is to sell the ranch to some one that will keep it going. If an agreement can be worked out on how the ranch is to be sold, the 3 to 1 vote means, the ranch will be put on the market.

IM THE ONLY FAMILY MEMBER THAT DOESNT WANT TO SELL THE YO.

Hate it WRS, my grandfather took me hunting there in the mid 60's I believe. Great time as I recall, so sad.

youngest son shot his first deer there, hate the idea of it being broke up. hopefully a better solution can be found

it will be bought as a whole, mark my words

It may be bought as a whole, but that sucker will get split into pieces for a hefty profit.

more than likely

Anyone know the realtor working the deal ? Some guy up near me is claiming he is working in the sell.

It was advertised on Lands of Texas

Yes.

Robert Dullnig of Kuper Sotheby's has the listing

You sell it and you could retire for a while.

What does land of say, 5000 acre tracts go for in that area?

I know a guy that could write a check for $70mm and barely notice it. He's not into land, but he is into making money.

Will you guys think less of me if I'm the one that cuts it up and sells it off, piece by piece?

I'd suggest you then cut it up into 50, 100, 200 acre hunting ranchettes, so most of us here can afford it, then that way we can have fantastic hunting for a couple of years and then let everyone in our families, and neighbors and co-workers hunt there and shoot it out. Then we can try to resell it on Craig's list or lease it out to four or five hunters a season to re-coupe our expenses.

That's actually a pretty cheap price. If my line of credit extended that far I would buy it. Then sell off parcels every year to make payments. In a few years the note would be paid off and I'd still retain 35-40% of the land free and clear. I'm sure that's what whomever buys it will do.

If I had a couple of partners it might be possible. Why don't a group of us from THF get together and form a LLP and go for it. Who knows a banker?

Does a realtor get the same percentage on piece of land like this versus a house sell?

depends on the commission % but typically on deals like that its 4% or 5%

if I co broked the company would be getting around $1.4 mil from the deal on a 4%

go for it.

I'm asking him if there's any interest.

I think the issue is going to be the continued cost and hassle of operation during the selling process. We're too small a shop to keep up with that sort of thing.

And we almost never do land deals.

don't kid yourself that its going to be easy. if you never do land deals then that wouldn't be the one to start with

No, we'd have to hire a management team, which is what we do with sectors we're not experts in.

Well hell I could write a check for 70 millimeters... Thats only like 2.75 inches.

Don't write a check that your manhood can't cash