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Waggoner Ranch

Coordinates:33°54′N99°00′W / 33.9°N 99.0°W /33.9; -99.0
From Wikipedia, the free encyclopedia
Not to be confused with the town namedWagoner Branch.

W. T. Waggoner Estate[1]
Map
Interactive map of the W. T. Waggoner Estate[1] area
General information
LocationUnited States of America
Construction started1849[1]
OwnerStan Kroenke
Grounds520,527 acres

TheWaggoner Ranch is a historic ranch located 13 miles south ofVernon, Texas, innorth Texas near theRed River andOklahoma border. Founded in 1852 byDaniel Waggoner,[2] it is the largest ranch within one fence in the United States.[3][4] The land has been used to raisecrops,beef cattle, andhorses and toproduce oil.

In February 2016, it was acquired byStan Kroenke, husband ofAnn Walton (niece ofSam Walton).

Location

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The ranch is located west ofWichita Falls, Texas, south ofVernon, near theRed River.[5] Other towns nearby includeElectra andSeymour.[5]

It encloses 520,527 acres (211,000 ha; 813 sq mi; 2,110 km2) of land.[4] It is the second-largest ranch inTexas, after theKing Ranch.[5] It spans six counties[4][5] and is half as large asRhode Island.[6] Parts of it can be seen from highwaysU.S. 183and283.[5]

History

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The ranch was founded in 1852 near Vernon, Texas, byDaniel Waggoner under the name of Dan Waggoner & Son, which included his newborn sonWilliam Thomas "W.T." Waggoner. Ranching operations began with 230longhorn cattle and some horses.[2][7] From 1889 to 1903, they acquired land inWichita County,Wilbarger County,Foard County,Knox County,Baylor County andArcher County.[7]

After Daniel Waggoner died in 1902, his son W.T. acquired more land.[7] At its largest, the ranch spanned more than a million acres of land.[7] By 1903, he sold some of the land nearChina Creek to developers.[7] Although it still spans six counties, it is primarily centered on Wichita County and Wilbarger County.[7] W.T. Waggoner raisedQuarter Horses on the ranch, includingPoco Bueno, who was buried on the ranch.[8] In 1902, W.T. Waggoner found oil while drilling for water.[9]

By 1909, W.T. Waggoner divided the Waggoner Ranch into four subsections: one for himself (White Face); and three smaller 8,500 acre sub-ranches for his children: Zacaweista, Four Corners, and Santa Ros.[5] However, in 1923, he changed his mind, and set up aMassachusetts trust.[5] His children would elect a board of trustees, who would make decisions with him at the helm.[5]

After W.T. Waggoner's death, his three children,Guy Waggoner,E. Paul Waggoner, andElectra Waggoner each inherited a section of the ranch, although there was still a board of trustees.[5] Guy Waggoner lived there with his wifeAnne Burnett, the daughter of cattle baron and oilmanSamuel Burk Burnett and heiress of the6666 Ranch, from 1922 until their divorce in 1928.[5][10] E. Paul Waggoner raised Quarter Horses on the ranch.[5] Electra Waggoner mostly resided atThistle Hill inFort Worth, although her husband,Albert Buck Wharton, operated alivery yard and horsestables on the ranch.[5][11]

When Guy Waggoner died in 1950, his sons sold their share of the estate to members of the family.[5] Specifically, this went toAlbert Buckman Wharton, Jr., also known asBuster Wharton, who was Electra Waggoner's son, andElectra Waggoner Biggs, who was E. Paul Waggoner's daughter.[10] Buster raisedpolo ponies and established theEl Ranchio Polo Club on the ranch.[12] He once played there withpolo championCecil Smith.[5] Meanwhile, Electra Waggoner Biggs became a renowned sculptor.[5]

In 1991, Electra Waggoner Biggs sued to be able to sell the ranch.[13] Her second cousin,Albert Buckman Wharton III, also known asBucky Wharton, who was Buster Wharton's son, appealed to stop the liquidation.[13] After Electra's death, her share was inherited by her daughter Helen Biggs and her husband, Gene Willingham.[10]

The ranch has been surveyed by theUnited States Department of Agriculture for matters of preservation.[5] Thirty cowboys, and about 120 people overall, are employed on the property.[5] It has about 14,000 cows and bulls as well as 500 horses.[8] It also includes a 367 MW wind farm,[14] 30,000 acres of arable land and about 1,100 producing oil wells.[8] One of the lakes on the ranch provides water for the City of Wichita Falls.[8]

In August 2014, the ranch was listed on the real estate market with an asking price ofUS$725 million.[4][13][15] It was sold in February 2016 to billionaireStan Kroenke, the husband ofWal-Mart heiressAnn Walton Kroenke.[16] At the time the ranch comprised 520,527 acres (210,650 ha), or 813 mi2 (2,110 km2); additional acreage included in the sale brought the total close to 535,000 acres (217,000 ha).[16]

References

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  1. ^abKane, Colleen (October 29, 2015)."W. T. Waggoner Estate: Venerable, $725 million ranch about to be sold".Fortune.
  2. ^abJennings, Jim."Waggoner Ranch: 1994 Best Remuda Winner".The Quarter Horse Journal. Archived fromthe original on June 29, 2018. RetrievedMay 28, 2016.
  3. ^American Quarter Horse Association: Waggoner RanchArchived November 29, 2014, at theWayback Machine
  4. ^abcdGruley, Bryan (July 21, 2015)."You Can Now Buy a Texas Ranch That's the Size of a Small Nation, For $725 Million".Bloomberg Business.
  5. ^abcdefghijklmnopqCartwright, Gary (January 2004)."Showdown at Waggoner Ranch".Texas Monthly.
  6. ^Cochran, Mike (December 22, 1984)."Legendary Waggoner Ranch Historical Combination of Then and Now".Schenectady Gazette.
  7. ^abcdefAnderson, H. Allen (June 15, 2010)."Waggoner Ranch".Handbook of Texas (online ed.).Texas State Historical Association.
  8. ^abcdHolley, Joe (September 12, 2014)."Massive Waggoner Ranch, "last of the True West," is up for grabs".Houston Chronicle.
  9. ^"The Waggoner Ranch".Western Horseman. RetrievedJune 23, 2016.
  10. ^abcMoore, Evan (July 27, 2003)."Mammoth estate to be split up, auctioned".Houston Chronicle.
  11. ^"History of Thistle Hill".Historic Fort Worth. Archived fromthe original on May 8, 2016. RetrievedJune 23, 2016.
  12. ^Laffaye, Horace A. (2011).Polo in the United States: A History. Jefferson, North Carolina: McFarland. p. 144.ISBN 978-0-7864-8007-4.
  13. ^abcSchmall, Emily (August 8, 2014)."Waggoner Ranch, among US' largest, listed for sale".Houston Chronicle.
  14. ^Ellichipuram, Umesh (August 5, 2021)."Ørsted completes 367MW Western Trail wind project in Texas".Power Technology. RetrievedMay 8, 2023.
  15. ^Hudson, Kris (August 12, 2014)."Ranch Dressing: Brokers Prep Giant Waggoner Farm for Sale".The Wall Street Journal.
  16. ^abGruley, Bryan (February 9, 2016)."NFL Owner Stan Kroenke Buys Texas Mega-Ranch Listed for $725 Million".Bloomberg Business. RetrievedFebruary 9, 2016.

External links

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33°54′N99°00′W / 33.9°N 99.0°W /33.9; -99.0


Cattle ranch in Texas, US
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