Burned Texas Ranch Relisted at $180M

LINCOLN, Neb. (DTN) -- Nearly two years after more than 1 million acres burned in the Texas Panhandle, including Smokehouse Creek, a 77,721-acre ranch damaged in the fires has returned to the market.

The historic Turkey Track Ranch was pulled from the market following the 2024 fires after about 46,000 acres of rangeland on the property were scorched.

Icon Global announced on Thursday that the $180 million ranch includes a 25% mineral stake and has fully recovered.

The wildfire was the largest ever recorded in Texas and burned acres in the city of Canadian and into western Oklahoma and was responsible for two human fatalities, killed thousands of head of livestock and destroyed about 500 buildings. The fire began when a fallen utility pole adjacent to the Turkey Track Ranch boundary brought down live power lines.

The state of Texas sued Xcel Energy in 2025, alleging the company operated by the Southwestern Public Service Company was to blame for the fire that caused an estimated $1 billion in damage.

The largest and most dangerous of the wildfires was the Smokehouse Creek fire. The fire started on Feb. 26, 2024, in Hutchinson County, Texas. Eventually, the Smokehouse Creek fire merged with another fire and was in both Texas and Oklahoma. The fire reached 40,000 acres by the morning of Feb. 27. By evening that day, it was 250,000 acres. By the morning of Feb. 28, it was 400,000 acres.

Later that day, the Smokehouse Creek fire grew to 850,000 acres. By Feb. 29, it reached past the 1-million-acre mark -- about 1,700 square miles.

According to Icon Global, at the time of the fire, the sellers of Turkey Track Ranch were in sale negotiations.

"The land has come back with renewed strength and vigor, including robust regrowth of native vegetation, pastures and wildlife," Icon Global said on Thursday.

"Approximately 65 miles of new fencing have been installed, and the cattle operation is again in full swing. The managers of the ownership shareholders recently voted to resume public marketing and proceed with the sale of the ranch."

The ranch brings together "significant" water resources and more than a century of family ownership by two families, according to the news release.

Water is a central feature of the property, stretching from Caprock country to the Canadian River. The ranch includes high mesas, open range, sheltered draws and river bottoms.

Its water resources include about 26 miles of Canadian River frontage, eight major creek basins and natural springs, with the Ogallala Aquifer beneath the land, Icon Global said. Across the property, 64 water wells serve livestock and wildlife, while five irrigation pivots cover 838 acres.

"During the drought of the 1950s, the family began building earthen dams to slow runoff and protect the soil," according to the news release. "That conservation work continued over decades."

The ranch encompasses the Adobe Walls battle sites of 1864 and 1874. Its brand dates to 1878 and W.T. Coble acquired the original headquarters in 1916, according to Icon Global.

Icon Global founder Bernard Uechtritz said in a statement that the ranch is among the best he has ever seen.

"I have represented some of the great ranches of the American West and Turkey Track belongs in their company," he said.

"The water here is extraordinary; the legacy and history incredible. It is a best-in-class, and rarity both. Available legacy ranches with this scale, production, recreation and history are today few and far between, scarce anywhere in the American West."

Read more on DTN:

"TX Sues Xcel for 2024 Wildfire," https://www.dtnpf.com/…

Todd Neeley can be reached at todd.neeley@dtn.com

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