Which Baller is buying tthe Waggoner Ranch?

quote:

---

A sprawling cattle ranch in oil-rich West Texas is likely to be under contract by the end of the year in what could be one of the biggest such sales in recent history.

The Waggoner Ranch, spanning 510,000 acres across six contiguous counties in Texas, was put on the market in August 2014 after a judge approved a court-appointed receiver’s request to market the property for sale.

The 166-year-old ranch had been mired for decades in a spat between heirs of Texas cattle and oil baron W.T. Waggoner over whether and how to sell it.

The heirs listed the ranch for $725 million with brokers Bernie Uechtritz of Briggs Freeman Sotheby’s International Realty in Dallas and Sam Middleton of Chas. S. Middleton and Son in Lubbock. It remains to be seen if the winning bidder will come close to their asking price.

---