I think I'll go into ranching
 

I bet I can talk them down to $190,000,000. I hope it comes with a helicopter. I've always wanted one of those, too.

https://www.bizjournals.com/dallas/news/2021/10/20/turkey-track-ranch-icon-global-uechtritz.html

Wow, beautiful bit of property. I apparently, need to win one of those billion dollar lotteries.

Talk to a bank, you might be surprised. It looks like the place is set up to make a profit.

"The sale includes a 40% stake of mineral ownership and revenues from a number of existing oil and gas wells, as well as further development potential for more"

Probably just enough to pay for property tax ^^^

I saw that. 40% isn't bad these days (although it would suck to not get it all). I know someone that sold ~100 acres but kept ~99% of the mineral rights, and that property has a producing well.
Maybe. Then I assume there's a ton of maintenance required. I can't even imagine what would be involved with owning/managing that much property. If I could afford it, I probably wouldn't have to worry about doing anything else. If someone wants to gift the property to me, I'm game to give it a shot.

You'll have your peasants work the land.

Any time I see properties like this, I always picture myself going to the bank to discuss buying it going something like this:

<iframe width="962" height="541" src="https://www.youtube.com/embed/4bFhYvADjl4" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

"You have less, than 10 times less, than one mortgage payment" :D

Except that I'm going build a wall with a trench on the outside and concertina outside of the trench. It'll be me, family and the animals.


But if I did have subjects, they would call me "lord."

Start a religion. Tax free!

So no one is interested in a Pelican group buy?

Have you been on here lately? Hell this place can’t even agree on what color the sky is lately. It’d be a small group! 🤣

Fk, we're a dysfunctional bunch.

We could build an awesome race track. An exact replica of the 'Ring. But bigger.

Haha my great grandparents were some of the biggest farmers in a county in Alabama in the 1920/30's. They adopted kids to work the fields. Not child labor if you don't pay them....

Was there oil & mineral rights included?

Will J.R be around later?

Wasn't there some plan to do that out by Hoover Dam?

They are practically neighbors only being ~350 miles apart. JR will probably end up popping by (via helicopter) for BBQ and beers from time to time.

Excellent.

´Can I fix you a drink Bobby?´

If I bought it I'd want to put a fence around it. How many miles of fence do ya think I'd need?

Well, it follows a river for 26 miles, so or than 52 miles of fence. My property is 45 feet by 150 feet. I need less fence.

presumably, the river isn't straight which makes a difference.

If it was perfectly square

43,560 sqft / acre

80,000 acres @ 43560 sqft = 3484800000 sqft.

the length of one side of that giant square = the square root of ^that number^, so 59000 feet.

59000 ft x 4 sides 236,000 feet. That's almost 45 miles. Since it's almost certainly not square (the most efficient way to enclose the space with 4 straight sides), it's likely longer. If the sides aren't straight, that'll add another layer. My guess is that it'll be 10-20% more.

On a simple example, a square that's 2' on each side encloses 4sqft and requires 8' of "fence". If you took that same 4sqft and stretched it out so that it was linear with 2 sides of 4' and 2 sides of 1', you'd still have a 4sqft area enclosed, but it would require 25% more "fence" (10sqft). I'd be surprised if the ranch were that long and narrow, but I suppose if the boundaries were very "squiggly" for lack of a better term, it could be 25% (or maybe more) fencing required.

However long the fence is, I don't want to be the guy out there with a post hole digger, some gravel, concrete, and a bunch of fence posts.
https://m.media-amazon.com/images/I/..._AC_SS450_.jpg

I guess I'll need, at least for a bit, a bunch of peasants that I can put to work...

https://www.daviddarling.info/images...ss-section.jpg

Car demigods.

Texas has several really large ranches in the panhandle. Ranches the size of some smaller states. We put in a bid to fly one family's ranch. It included 12 very nice houses. I guess that way they did not all have to live in one house like the TV series Dallas.

https://www.wideopencountry.com/10-biggest-texas-ranches/

It is generally godforsaken county. Without the Canadian River running through it it would be worth $5.76.

The mineral rights are usually what keeps them paying the bills.

Kings Ranch pick em up truck.

In its heyday the XIT was 3,000,000 acres. (Dalhart area)

There is a place outside Conroe TX that was built to survive the zombie apocalypse. I knew a realtor that showed it to me. It had filtered air system and a well, generator, 1000 gallon tank for your diesel buried out back. Fenced, cameras, had a great kitchen. It was big cement building, 2 story with a basement. Sort of like if Howard Hughes wanted a little hideout North of Houston. It was really something.

That's not a "Ranch"...

https://m.media-amazon.com/images/M/...3NTg@._V1_.jpg

"That's your ranch? Aawww, that's real cute!"
https://www.desertusa.com/dusablog/w...cowboyted1.jpg

Somewhere I have a picture of the front gate at Chuck Norris's place near Anderson.

Shaped like the bottom of a foot or 2 big fists?