An iconic hunting property in South Texas has hit the market for $54,038,785.
The sprawling 18,043-acre La Bandera Ranch, which is being marketed by Whitetail Properties Real Estate, is situated about 15 miles southwest of Carrizo Springs in Dimmit County.
Luxury finishes abound among the three main lodges — the Southwest Lodge, La Sombrilla Lodge and Ponderosa Lodge — which offer a total of 46 bedrooms between them.
A resort-style pool and hot tub, 5,000-foot paved and lighted runway, 14,000-square-foot…
The beauty and serenity of the scenic resort belies a battle that’s been brewing for years. Overseen by a weary judge, a power struggle has spilled from the shores of Possum Kingdom Lake to a 1940s-era Palo Pinto County Courthouse 20 miles down the road. At stake could be the resort’s ownership, more than $10 million in Property Owners Association dues, property values, the jobs of roughly 80 employees and possibly even drinkable water.
Many economists see ample evidence of a country that is not remotely “full” — but one where an aging population and declining birthrates among the native-born population are creating underpopulated cities and towns, vacant housing and troubled public finances.