The Land Report 2014 Deal of the Year: Powderhorn Ranch
Calhoun County, Texas
Rockpile Ranch: The Land Report 2014 Ranchland Deal of the Year
Jeff Davis County, Texas
King Land & Water LLC of Fort Davis, led by owners James and Tammy King, has just received recognition from state and national publications for transactions completed in 2014.
Included were two transactions named Deals of the Year by the magazine The Land Report: national Deal of the Year for 2014 for the transaction of the 17,351-acre Powderhorn Ranch, located in Calhoun County, Texas, and the nation's Ranchland Deal of the Year for 2014 for the sale of the iconic Rockpile Ranch in Jeff Davis County. Click here to read the complete Deals of the Year issue of The Land Report.
Lands of Texas Magazine, part of the Lands of America Magazine group, honored King Land & Water for topping the state as Far West Texas/Region & and Overall State Winner and also for 1st Place Combined Sales with a total exceeding $76,000,000 during 2014.
Earning the distinction of national Deal of the Year for 2014, Powderhorn Ranch, a legacy cattle ranch, was purchased by a coalition of public and private partners and will become a state park and wildlife management area. Partial funding for the record $37.7 million purchase came from the fines levied against BP and Transocean as a result of the Deepwater Horizon explosion and oil spill in the Gulf of Mexico in 2010.
As Ranchland Deal of the Year, the 55,704-acre Rockpile Ranch, owned by just three families since the settlement of the State of Texas, was sold to new owners. Located along the Scenic Loop of Fort Davis, the ranch is rich in history and has benefitted from extraordinary stewardship of the rangeland and the wildlife population.
King Land and Water has long been recognized as the premier real estate brokerage for conservation- conscious buyers and sellers in Texas. Started by broker Tammy King in 2008 the company has benefitted from James King's 20+ years of conservation experience as director of land protection for The Nature Conservancy. Together, they have built the company and their reputation, working with some of the largest and most influential landowners in the state.
New Texas State Park: King Land & Water LLC is proud to announce its role as the sole real estate broker in the recent sale of the 17,351 acre Powderhorn Ranch. Located on the Texas Coast next to Port O’Connor, this property was sold to Texas Parks and Wildlife Department as a new State Park and Wildlife Management Area.
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