It’s a ranch with Texas-size amenities — including nearly 15,000 acres, 14 miles of Trinity River banks and its own private airstrip.
And, for the first time since its founding in the 1880s, the KB Carter Ranch near Buffalo, Texas is for sale.
The pristine land about 150 miles southeast of Fort Worth belongs to some of Fort Worth’s most prominent families. It was founded by cotton merchant and livestock dealer B.B. Kimbell in the late 1880s. After his death, his surviving family members founded the Kimbell Art Museum in Fort Worth.
The asking price is $51 million.
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The ranch has remained in the hands of the Kimbell, Carter and Fortson families. It is owned and managed in trust for the benefit of Kay Carter Fortson, who along with her husband Ben oversee the Kimbell Art Foundation.
Ben Fortson is also president and chief executive officer of Fortson Oil Company in Fort Worth.
The ranch features 9,600 acres of pasture, 3,200 acres of timber, a stocked bass fishing lake (seven lakes total) and a nesting pair of bald eagles, according to Icon Global Group, the firm listing the property. A white tail deer program has been operated on the land for 15 years.
Modern amenities include a luxurious main ranch house, horse barn and tennis courts.
The airstrip includes a hangar, and a 5,280-foot-long runway that has recently been resurfaced.
The ranch is actively managed, and currently has about 3,500 head of cattle and 2,000 acres available for farming.
“This is the first time this historic ranch has ever been offered to the market,” said Bernard Uechtritz, Icon Global Group founder. “KB Carter Ranch is both a rare find and a rare offering. There are few ranches of this size remaining in North Central Texas today, and even fewer still that have been so well protected, well managed and are so productive.”