Walton ranch near Fort Worth is for sale - $19.7M

Rocking W Ranch arena
Rocking W Ranch arena Courtesy photo

Want a little piece of Texas along the Brazos?

Well, Alice Walton has got a deal for you.

Walton, the Wal-Mart billionaire heiress, is putting her 1,432-acre ranch Rocking W Ranch west of Fort Worth up for sale. The asking price is $19,750,000.

“Rocking W Ranch is truly unique in its diversity and features a beautiful blend of improved pastures and wildlife-friendly native habitat,” said Allen Crumley, a farm and ranch specialist with Williams Trew Real Estate in Fort Worth.

The ranch offers three-quarters of a mile of Brazos River frontage.

“Assemblages with the makeup this ranch offers are hardly ever made available and present a special opportunity for prospective buyers,” he said.

Walton announced in July that she wanted to get out of the cutting horse business to focus on other things, so she is selling off her prize-winning herd of animals at the Rocking W Ranch.

Besides selling the horses, Walton on Sept. 21 and 22 will sell all of the ranch equipment. Over the last 16 years, Walton has owned six championship horses.

The ranch is among the largest of its kind in Texas. Located about 45 minutes west of Fort Worth along the Parker and Palo Pinto county lines, it offers three-quarters of a mile of Brazos River frontage with significant water rights and mineral rights that are in production.

It is a serious place ... one of the higher end properties.

McAllen Coalson, real estate broker

Besides a 4,000-square-foot residence overlooking the Brazos Valley and additional quarters for staff and guests, the ranch also boasts professional equine facilities, hundreds of acres of hay-producing land and diverse hunting terrain.

Walton has been quoted as saying she wants to focus her attention on the Crystal Bridges Museum of American Art in Bentonville, Ark., the headquarters for the Wal-Mart companies.

“This move has been some time in coming,” Walton is quoted as saying. “I've been stretched in too many directions and I want to get focused. I've got a house in Fort Worth, so I'm moving to town.”

Walton has owned more than one ranch in the Fort Worth area. In 2006, she sold a ranch near Mineral Wells that she also called the Rocking W Ranch to a partnership that included ESPN sports broadcaster Craig James.

McAllen Coalson, a broker at Coalson Real Estate, told the Star-Telegram in July that it would take “some serious money to buy it.” Coalson is a co-listing agent with Williams Trew.

“It is a serious place ... one of the higher end properties” in cutting horse circles, Coalson said.

Max B. Baker: 817-390-7714, @MaxbakerBB

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