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Hortenstine Ranch

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uuid000iazf

Namestring
Hortenstine Ranch
Legal namestring
Hortenstine Ranch Company, LLC
Websiteurl
hrcranch.com
Company typeenum
Private
Founded yearint
2003
Descriptiontext

Hortenstine Ranch Company, LLC is a privately held ranch real estate brokerage founded in 2003 by Blake Hortenstine and headquartered at 12740 Hillcrest Road, Suite 230, in Dallas, Texas. The firm specializes in the sale of rural, recreational, and farm & ranch properties across three states — Texas, Oklahoma, and New Mexico — with team members distributed across Dallas, Hico, Throckmorton, Albany, Athens, Longview, Rockwall, and Durant. Its single core product is a full-service ranch brokerage offering that bundles advanced marketing strategies, ranch market analytics, professional mapping, photography, wildlife consultation, and negotiation management with buyer and seller representation. The underlying technology stack centers on the REALSTACK land broker website platform, which powers an inventory of 200+ active listings segmented by use case (recreational, cattle, deer hunting, duck hunting, fishing, waterfowl) and supported by a multi-channel digital presence including YouTube ranch videos, social media, an email newsletter, and a Landowner Guide blog.

The firm makes money exclusively through transaction-based real estate commissions on ranch, recreational, and farm property sales, with commission splits determined at the firm's sole discretion and buyer-agent participation contingent on identification at first contact. Customer segments are horizontal across two primary cohorts: high net-worth individuals and families seeking investment-class ranch properties (often for recreation, hunting, fishing, or cattle operations), and working cattle ranch operators. Pricing is bespoke per transaction — individual lots can list under $100,000 while trophy properties such as Lake Monticello are marketed at $131,100,000 — with no public fee schedule. The customer book is diversified by name across industries (Healthcare, Technology, Restaurants, Agriculture/Capital), and the firm emphasizes referrals and repeat business cultivated over two decades, supported by conservation-organization affiliations that reinforce credibility with the hunting and land-management buyer base.

Short descriptiontext

Hortenstine Ranch Company is a Dallas-based, privately held ranch real estate brokerage founded in 2003 that represents buyers and sellers of rural, recreational, and farm & ranch properties across Texas, Oklahoma, and New Mexico, serving high net-worth individuals and working ranch operators.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersDallas, United States
HQ citystring
Dallas
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices8 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
ranch real estate brokerage, land sales services, recreational properties, farm and ranch sales, property buyer representation
Industry2 codes
1Ranches & Livestock Properties Brokerage
CodeBPAJADABPrimaryYes
2Farmland Brokerage (Row Crops, Specialty Crops)
CodeBPAJADAAPrimaryNo
NAICS code1 code
  • Offices of Real Estate Agents and Brokers5312
SIC code1 code
  • Real Estate Agents & Managers (For Others)6531
Product category
Ranch Real Estate Brokerage
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Real Estate Commission - Ranch Brokerage
TypeTransaction Fee
Description

Traditional real estate brokerage earning commissions on ranch, recreational, and farm property sales in Texas, Oklahoma, and New Mexico. Revenue generated through buyer representation and seller listing services with transaction-based compensation tied to property sale prices.

hrcranch.com
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Marketing or Sales, Operations, Technology or R&D
Pricing details1 tier
1Real estate transaction-based commissions
ModelTransaction based/ take rateBilling cadencePay-as-you-go
Notes

Commission splits at sole discretion of Hortenstine Ranch Company, LLC. Buyer's Agent/Broker must be identified upon first contact and present at initial property tour to participate in commission.

hrcranch.com
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

Hortenstine Ranch Company is a ranch real estate brokerage that connects buyers and sellers of rural, recreational, and farm & ranch properties across Texas, Oklahoma, and New Mexico. The firm provides buyer and seller representation, professional marketing, mapping, photography, wildlife consultation, market analytics, and negotiation management for premium investment-class ranch properties.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Hortenstine Ranch Company operates as a single, unified ranch real estate brokerage service offering. The company provides a comprehensive suite of property sales services including ranch market analytics, professional mapping, photography, wildlife consultation, negotiation management, and Buyer & Seller representation. Services are organized by property type (recreational, cattle, deer hunting, duck hunting, fishing, waterfowl) and region (Texas, Oklahoma, New Mexico). No distinct modular product architecture or add-on offerings exist—all services are delivered as part of their core brokerage offering.

Product and service1 record
1Ranch Real Estate Brokerage Services
CategoryReal Estate Brokerage
Description

Full-service ranch real estate brokerage providing buyer and seller representation for rural, recreational, and farm & ranch property sales in Texas, Oklahoma, and New Mexico, including professional marketing, ranch market analytics, mapping, photography, wildlife consultation, and negotiation management.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership12 partners
Strategic tierMinorTypeOthers
Description

Proud member and supporter of Texas Parks Wildlife organization, indicating alignment with conservation values

Strategic tierMinorTypeOthers
Description

Licensed through Texas Real Estate Commission (TREC), indicating regulatory compliance and professional standing

Strategic tierMinorTypeOthers
Description

Proud member and supporter of Ducks Unlimited conservation organization

Strategic tierMinorTypeOthers
Description

Proud member and supporter of Texas Wildlife Association

Strategic tierMinorTypeOthers
Description

Proud member and supporter of Caesar Kleberg Wildlife Research Institute at Texas A&M University-Kingsville

Strategic tierMinorTypeOthers
Description

Proud member and supporter of USDA Natural Resources Conservation Service

7Rolling Plains Quail Research Foundation
Strategic tierMinorTypeOthers
Description

Proud member and supporter of Rolling Plains Quail Research Foundation

hrcranch.com
Strategic tierMinorTypeOthers
Description

Proud member and supporter of Texas A&M AgriLife Extension

Strategic tierMinorTypeOthers
Description

Proud member and supporter of Oklahoma Department of Wildlife Conservation

10Park Cities Quail Coalition
Strategic tierMinorTypeOthers
Description

Proud member and supporter of Park Cities Quail Coalition

hrcranch.com
11Oklahoma Real Estate Commission
Strategic tierMinorTypeOthers
Description

Licensed through Oklahoma Real Estate Commission for operations in Oklahoma

hrcranch.com
Strategic tierCoreTypeOthers
Description

Recognized as one of The Land Report's Best Brokerages - a leading publication for land and ranch real estate

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Largest dedicated ranch, farm, and recreational property brokerage in the U.S., operating across multiple Western and Plains states with a similarly agent-led, commission-based model targeting HNW buyers and sellers.

TypeDirect peer
Description

Texas-headquartered ranch real estate brokerage specializing in Texas ranches, hunting properties, and recreational land — a direct regional competitor serving many of the same HNW buyer and seller segments in overlapping geographies.

TypeDirect peer
Description

Specialized farm, ranch, and timberland brokerage operating across the Western U.S., with comparable focus on legacy ranches, sporting/recreational properties, and investor-grade transactions.

TypeDirect peer
Description

Boutique ranch and sporting property brokerage focused on the Intermountain West and Southwest, targeting HNW buyers seeking trophy ranches, with similar marketing-led approach and wildlife/habitat expertise.

TypeDirect peer
Description

National hunting and recreational land brokerage with strong presence in Texas and the Midwest, directly competing for hunting/ranch buyers and overlapping heavily on whitetail, waterfowl, and recreational listings.

TypeDirect peer
Description

Aggregated marketplace and brokerage for rural land, farms, ranches, and timberland across the U.S., competing for the same ranch-recreational buyer pool, particularly in Texas and Oklahoma.

TypeDirect peer
Description

Long-established Texas ranch and farm real estate brokerage serving many of the same legacy ranch buyers and sellers across Texas, with comparable auction and traditional brokerage services.

TypeDirect peer
Description

Western U.S. ranch real estate brokerage with focus on trophy and working ranches; overlaps with HRC's HNW buyer segment and recreational/working ranch product mix.

TypeBroad incumbent
Description

Global luxury real estate network that includes ranch, farm, and land specialists; serves overlapping HNW buyer base with broader brand reach, larger agent network, and international marketing capability.

TypeRegional player
Description

Dallas-based luxury real estate firm with ranch and country property specialty; competes with HRC in the North Texas HNW ranch market and shares overlap with Dallas-based HNW clientele.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers5 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Hortenstine Ranch

Ranch Real Estate Brokeragehrcranch.com

Hortenstine Ranch Company is a Dallas-based, privately held ranch real estate brokerage founded in 2003 that represents buyers and sellers of rural, recreational, and farm & ranch properties across Texas, Oklahoma, and New Mexico, serving high net-worth individuals and working ranch operators.

What Hortenstine Ranch does

Hortenstine Ranch Company, LLC is a privately held ranch real estate brokerage founded in 2003 by Blake Hortenstine and headquartered at 12740 Hillcrest Road, Suite 230, in Dallas, Texas. The firm specializes in the sale of rural, recreational, and farm & ranch properties across three states — Texas, Oklahoma, and New Mexico — with team members distributed across Dallas, Hico, Throckmorton, Albany, Athens, Longview, Rockwall, and Durant. Its single core product is a full-service ranch brokerage offering that bundles advanced marketing strategies, ranch market analytics, professional mapping, photography, wildlife consultation, and negotiation management with buyer and seller representation. The underlying technology stack centers on the REALSTACK land broker website platform, which powers an inventory of 200+ active listings segmented by use case (recreational, cattle, deer hunting, duck hunting, fishing, waterfowl) and supported by a multi-channel digital presence including YouTube ranch videos, social media, an email newsletter, and a Landowner Guide blog.

The firm makes money exclusively through transaction-based real estate commissions on ranch, recreational, and farm property sales, with commission splits determined at the firm's sole discretion and buyer-agent participation contingent on identification at first contact. Customer segments are horizontal across two primary cohorts: high net-worth individuals and families seeking investment-class ranch properties (often for recreation, hunting, fishing, or cattle operations), and working cattle ranch operators. Pricing is bespoke per transaction — individual lots can list under $100,000 while trophy properties such as Lake Monticello are marketed at $131,100,000 — with no public fee schedule. The customer book is diversified by name across industries (Healthcare, Technology, Restaurants, Agriculture/Capital), and the firm emphasizes referrals and repeat business cultivated over two decades, supported by conservation-organization affiliations that reinforce credibility with the hunting and land-management buyer base.

Hortenstine Ranch firmographics

Firmographics
Name
Hortenstine Ranch
Legal name
Hortenstine Ranch Company, LLC
Website
https://hrcranch.com
Company type
Private
Founded year
2003
Operating status
Operating
Headcount range
1–10 employees
Short description
Hortenstine Ranch Company is a Dallas-based, privately held ranch real estate brokerage founded in 2003 that represents buyers and sellers of rural, recreational, and farm & ranch properties across Texas, Oklahoma, and New Mexico, serving high net-worth individuals and working ranch operators.
Ownership category
akta.pro rank

Hortenstine Ranch industry classification

Industry
Product category
Ranch Real Estate Brokerage
NAICS
Offices of Real Estate Agents and Brokers (5312)
SIC
Real Estate Agents & Managers (For Others) (6531)
akta.pro primary industry
Ranches & Livestock Properties Brokerage (BPAJADAB)
akta.pro secondary industry
Farmland Brokerage (Row Crops, Specialty Crops) (BPAJADAA)

Keywords

  • Ranch real estate brokerage
  • Land sales services
  • Recreational properties
  • Farm and ranch sales
  • Property buyer representation

Where Hortenstine Ranch is headquartered

Location

Headquarters

HQ city
Dallas
HQ country
United States
HQ region
North America

Offices8 records

Markets served

Hortenstine Ranch business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Marketing or Sales, Operations, Technology or R&D

Revenue model

  1. Real Estate Commission - Ranch Brokerage: Traditional real estate brokerage earning commissions on ranch, recreational, and farm property sales in Texas, Oklahoma, and New Mexico. Revenue generated through buyer representation and seller listing services with transaction-based compensation tied to property sale prices.

Pricing tiers

ModelBillingPrice
Transaction based/ take ratePay-as-you-goReal estate transaction-based commissions

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Hortenstine Ranch product offering

Product offering

Core offering

Hortenstine Ranch Company is a ranch real estate brokerage that connects buyers and sellers of rural, recreational, and farm & ranch properties across Texas, Oklahoma, and New Mexico. The firm provides buyer and seller representation, professional marketing, mapping, photography, wildlife consultation, market analytics, and negotiation management for premium investment-class ranch properties.

Product overview

Hortenstine Ranch Company operates as a single, unified ranch real estate brokerage service offering. The company provides a comprehensive suite of property sales services including ranch market analytics, professional mapping, photography, wildlife consultation, negotiation management, and Buyer & Seller representation. Services are organized by property type (recreational, cattle, deer hunting, duck hunting, fishing, waterfowl) and region (Texas, Oklahoma, New Mexico). No distinct modular product architecture or add-on offerings exist—all services are delivered as part of their core brokerage offering.

Differentiator

Problem solved

Functional benefit

Products and services

  • Ranch Real Estate Brokerage Services Full-service ranch real estate brokerage providing buyer and seller representation for rural, recreational, and farm & ranch property sales in Texas, Oklahoma, and New Mexico, including professional marketing, ranch market analytics, mapping, photography, wildlife consultation, and negotiation management.

Companies that use Hortenstine Ranch

Customer profile

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Hortenstine Ranch technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

Hortenstine Ranch partnerships and signals

Strategic signal

Partnerships

Twelve partnerships are on record, tiered minor and core.

  • Texas Parks WildlifeminorOthersProud member and supporter of Texas Parks Wildlife organization, indicating alignment with conservation values
  • Texas Real Estate CommissionminorOthersLicensed through Texas Real Estate Commission (TREC), indicating regulatory compliance and professional standing
  • Ducks UnlimitedminorOthersProud member and supporter of Ducks Unlimited conservation organization
  • Texas Wildlife AssociationminorOthersProud member and supporter of Texas Wildlife Association
  • Caesar Kleberg Wildlife Research InstituteminorOthersProud member and supporter of Caesar Kleberg Wildlife Research Institute at Texas A&M University-Kingsville
  • NRCS (Natural Resources Conservation Service)minorOthersProud member and supporter of USDA Natural Resources Conservation Service
  • Rolling Plains Quail Research FoundationminorOthersProud member and supporter of Rolling Plains Quail Research Foundation
  • Texas A&M AgriLife ExtensionminorOthersProud member and supporter of Texas A&M AgriLife Extension
  • Oklahoma Department of Wildlife ConservationminorOthersProud member and supporter of Oklahoma Department of Wildlife Conservation
  • Park Cities Quail CoalitionminorOthersProud member and supporter of Park Cities Quail Coalition
  • Oklahoma Real Estate CommissionminorOthersLicensed through Oklahoma Real Estate Commission for operations in Oklahoma
  • The Land ReportcoreOthersRecognized as one of The Land Report's Best Brokerages - a leading publication for land and ranch real estate

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Hortenstine Ranch competitors and assessment

Company assessment

Direct peers

  • Hall and Hall: Largest dedicated ranch, farm, and recreational property brokerage in the U.S., operating across multiple Western and Plains states with a similarly agent-led, commission-based model targeting HNW buyers and sellers.
  • Republic Ranches: Texas-headquartered ranch real estate brokerage specializing in Texas ranches, hunting properties, and recreational land — a direct regional competitor serving many of the same HNW buyer and seller segments in overlapping geographies.
  • Fay Ranches: Specialized farm, ranch, and timberland brokerage operating across the Western U.S., with comparable focus on legacy ranches, sporting/recreational properties, and investor-grade transactions.
  • Mirr Ranch Group: Boutique ranch and sporting property brokerage focused on the Intermountain West and Southwest, targeting HNW buyers seeking trophy ranches, with similar marketing-led approach and wildlife/habitat expertise.
  • Whitetail Properties Real Estate: National hunting and recreational land brokerage with strong presence in Texas and the Midwest, directly competing for hunting/ranch buyers and overlapping heavily on whitetail, waterfowl, and recreational listings.
  • Land And Farm: Aggregated marketplace and brokerage for rural land, farms, ranches, and timberland across the U.S., competing for the same ranch-recreational buyer pool, particularly in Texas and Oklahoma.
  • Chas. S. Middleton and Son: Long-established Texas ranch and farm real estate brokerage serving many of the same legacy ranch buyers and sellers across Texas, with comparable auction and traditional brokerage services.
  • Mason & Morse Ranch Company: Western U.S. ranch real estate brokerage with focus on trophy and working ranches; overlaps with HRC's HNW buyer segment and recreational/working ranch product mix.

Broad incumbents

Regional players

  • Briggs Freeman Sotheby's International Realty: Dallas-based luxury real estate firm with ranch and country property specialty; competes with HRC in the North Texas HNW ranch market and shares overlap with Dallas-based HNW clientele.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Hortenstine Ranch social profiles

Digital presence

Hortenstine Ranch financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Hortenstine Ranch leadership team

Management profile

Number of profiles

Profiles5 records

Hortenstine Ranch funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Hortenstine Ranch M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hortenstine Ranch

What does Hortenstine Ranch do?

Hortenstine Ranch Company is a ranch real estate brokerage that connects buyers and sellers of rural, recreational, and farm & ranch properties across Texas, Oklahoma, and New Mexico. The firm provides buyer and seller representation, professional marketing, mapping, photography, wildlife consultation, market analytics, and negotiation management for premium investment-class ranch properties.

Is Hortenstine Ranch a public or private company?

Hortenstine Ranch is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Hortenstine Ranch founded?

Hortenstine Ranch was founded in 2003. It employs 1 to 10 people.

Where is Hortenstine Ranch based?

Hortenstine Ranch is headquartered in Dallas, United States, in the North America region.

How does Hortenstine Ranch make money?

One revenue line is on record: real Estate Commission - Ranch Brokerage.

Who are Hortenstine Ranch's main competitors?

Direct peers on record are Hall and Hall, Republic Ranches, Fay Ranches, Mirr Ranch Group, Whitetail Properties Real Estate, Land And Farm, Chas. S. Middleton and Son and Mason & Morse Ranch Company. Sotheby's International Realty (Ranch & Land Division) is listed as a broad incumbent. Briggs Freeman Sotheby's International Realty is listed as a regional player.

Does Hortenstine Ranch have an API?

No public API is recorded for Hortenstine Ranch.

What industry is Hortenstine Ranch in?

Hortenstine Ranch's product category is Ranch Real Estate Brokerage. Its primary akta.pro industry code is BPAJADAB, Ranches & Livestock Properties Brokerage, with a secondary code of BPAJADAA, Farmland Brokerage (Row Crops, Specialty Crops). Its NAICS code is 5312 and its SIC code is 6531.

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Live signals
PR NewswireRolling R Ranch, a Legacy Decades in the Making, Comes to Market in North TexasHortenstine Ranch Company has listed Rolling R Ranch, a 1,303-acre recreational and working ranch in Cooke County, North Texas, assembled and maintained over nearly three decades by Tony Roosevelt and his family. The property features approximately 75 minutes of Clear Creek frontage, dramatic topography uncommon for North Texas, mature hardwood forests, native grasslands, and more than seven miles of recreational trails. The ranch is being marketed as an exceptionally rare opportunity in the premium ranch real estate market, with the family's original Rolling R Ranch located in Colorado.PR NewswireHortenstine Ranch Company to List One of Texas' Largest Privately Owned LakesHortenstine Ranch Company announced that Lake Monticello, one of Texas' largest privately owned bodies of water at 2,067 acres, is projected to hit the market on April 3 for $131.1 million. The property encompasses 5,700+/- acres near Mount Pleasant, Texas in Titus and Franklin Counties, featuring approximately 17 miles of lake frontage, 18 additional lakes, and approximately 36 square miles of drainage basin. Originally constructed as a cooling reservoir for the Monticello power plant in 1971, the lake was decommissioned as a public fishing hotspot following the plant's closure in 2018 and subsequent demolition.PR NewswireHortenstine Ranch Company Lists New Property Boasting What Is Believed to Be the Largest Privately Owned Lake in Texas's Erath CountyHortenstine Ranch Company, a Texas-based ranch and land real estate brokerage, has listed The Lake Ranch at Hico for sale, an approximately 784-acre lakefront property in Erath County, Texas featuring an estimated 100-acre private lake. The property includes a 7,000+ square foot custom-built lodge with over 2,200 square feet of outdoor living space and panoramic lake views. The brokerage expects the property to sell quickly given its rarity as a premium investment-class lakefront property in the region.PR NewswireNo One Sells Large Bodies of Water Quite Like Hortenstine Ranch CompanyHortenstine Ranch Company, a Texas-based brokerage specializing in ranch and recreational properties, has positioned itself as an expert in selling properties with large water features. The company claims to have contributed to the sale of the largest private lake in the United States. The article serves primarily as a promotional overview of the company's market expertise in the farm and ranch real estate sector.PR NewswireLargest Private Lake In Texas Goes On The MarketHortenstine Ranch Company is marketing Fairfield Lake, the largest private lake in Texas, for sale at an asking price of $110.55 million. The 2,400-acre property in Freestone County features extensive shoreline, infrastructure including roads and boat ramps, and potential for residential or commercial development.PR NewswireTired Of The Crowds On Texas Lakes? Buy Your Own 1,080-Acre Private Lake, And Get 1,165 Acres Of Beautiful, Undeveloped Land, And A Private Airstrip To Go With ItHortenstine Ranch Company is listing Valley Lake Ranch, a 2,245-acre property approximately one hour north of Dallas featuring a nearly 1,100-surface-acre private lake, for $24.5 million through October 12. The property also includes heavily wooded land, a 2,771-foot private landing strip, and native pastureland suitable for cattle grazing. The property was previously owned by Luminant and served as a cooling water reservoir for the now-demolished Valley Power Plant.