The historic 80,000-acre property in the Texas Panhandle is listed for $200 million.
For the first time in more than a century, Turkey Track Ranch is poised to change ownership hands.
Steeped in history as the site of the two battles of Adobe Walls, the property is regarded as one of the last of the great legacy ranches of the Southern Plains alongside other esteemed names like the Goodnight, Waggoner, and Four Sixes. Pioneered by WT (Tom) Coble and later James (Jimmie) Whittenburg III, Turkey Track Ranch has long set a standard for modern-day ranching that the current families hope will continue with new ownership.
“It is with careful consideration and great emotion that we announce that, after 120 years of stewardship by our family, we have decided to sell our historic Turkey Track Ranch in the Texas Panhandle,” reads a statement on behalf of the Coble and Whittenburg families. “For over a century, this American landmark has been an integral element of our heritage. Generations of Coble’s and Whittenburg’s have created lifetimes of memories on the Turkey Track. Due to our family’s increasing numbers and geographical distances, we recognize that it is time to find a new steward for this historic holding.”
Dubbed the “Oasis of the Panhandle” for its wildlife and abundant natural resources, the ranch boasts nearly 80,000 acres under one fence, including 26 miles of Canadian River frontage, and has continued to sustain renowned environmental stewardship practices, water management programs, and grass diversity.
Bernard Uechtritz, owner of Icon Global, told the Dallas Business Journal that the sale includes a 40 percent stake of mineral ownership, revenues from a number of existing oil and gas wells (as well as further development potential for more), wind and solar rights, all agricultural and domestic water assets, operating equipment, and intellectual property, name, and brand.
“I have had the privilege of marketing many great ranches, and this is one of the greatest,” Uechtritz says. “Its natural resources and position in history are unparalleled by anything recently sold or on the market, and it is truly a one of one. It is without question not only the ‘Prize of the Panhandle,’ but one of the last and great dynastic, legacy ranches of its kind. I expect interest in this ranch to be significant as we formally go to market.”
Turkey Track Ranch
Texas Pandhandle
80,000 acres
$200 million
Listed by Bernard Uechtritz, Icon Global
Click on the slideshow above to see more images. Photography: Icon Global and Wyman Meinzer
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