The legendary Waggoner Ranch is on the market for $725 million. Images via Briggs Freeman-Sotheby’s International.

Situated on 510,527 acres, the ranch is smaller than Texas’ other iconic property, the King Ranch.

The bucolic views are legendary. Every angle of the horizon is visible from the property. Owned by one family. For more than 160 years.

Yes, the iconic Waggoner Ranch is on the market.

Located 175 miles northwest of Dallas-Fort Worth in Vernon, Texas, this 510,527-acre spread extends over six counties in the North Texas region. The legendary property, built in 1849 by cattle rancher, Dan Waggoner (who in turn left it to his son, W.T. ‘Tom’ Waggoner), features more than 1,000 oil wells, 30,000 acres of cropland, 6,800 head of cattle and 58 homes on two compounds. One of the lakes on the property is so abundant that the City of Wichita Falls sources it for its water.