The Waggoner Ranch in Texas was on the market for $725 million. The final selling price paid by billionaire Sam Kroenke is not known.
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There are more than 100 different properties that cover the estate, which itself is half-a-million acres in size.
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It is the largest single-fenced ranch in the United States and stretches across six different counties.
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The estate itself has stayed in one family, the Waggoners, for its entire 166-year history.
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Waggoner Ranch is no stranger to horse play of all kinds from reining ...
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... to polo matches that used to be more of a feature in the early 20th century.
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The sale is being overseen by Bernard Uechtritz, a Papua New Guinea-born Australia who relocated to Texas.
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Waggoner Ranch has a rich history. Among its more illustrious visitors was the former American president Theodore Roosevelt (center).
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Even the animals are famous. Esteemed shire horse Poco Bueno, the first horse insured for $100,000, worked there and was buried standing fully upright at the behest of the Waggoner family.
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Famed Comanche chief Quanah Parker has also been pictured on the ranch.
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A total 25% of the mineral rights will remain in the possession of the current owners.
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There are more than 100 properties on the estate.
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There is enough water in one lake alone on the property to source the 105,000-strong population of nearby Wichita Falls.
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Such is the vast expanse of land, a helicopter tour of the property takes an hour and 45 minutes.
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From the Waggoner family to part of the Kroenke empire. The billionaire businessman described the property as "a true Texas and American landmark."