Big deal

North Texas heiress' 6666 Ranch, of recent Yellowstone fame, is sold

The long-rumored sale of the 6666 Ranch — previously owned by Fort Worth rancher, horse aficionado, art collector, arts patron, and philanthropist Anne Marion — is now confirmed.

Don Bell, owner-broker of Weatherford-based Brazos River Land Co., an affiliate of United Country Real Estate, verified March 15 that the massive Texas Panhandle ranch has a new, but unidentified, owner. The sale price wasn’t disclosed.

Reports surfaced earlier this year that Taylor Sheridan, co-creator of the hit TV show Yellowstone and its 1883 spinoff, led a group of investors that bought the ranch. However, neither Sheridan (an alumnus of Fort Worth’s R.L. Paschal High School who lives in Weatherford) nor any of the other individual buyers has acknowledged the purchase.

Yellowstone, starring Kevin Costner, has featured the ranch several times. Sheridan reportedly is working on another spinoff with the working title 6666, and as of February, it was still in development.

The ranch went on the market in 2020 for $341 million. Marion, who died in 2020, spelled out in her will that the property be sold. The ranch — actually three properties used mostly for cattle ranching — covers 266,255 acres in Carson, Hutchinson, King, and Sherman counties.

Bell says in a news release that he and his late colleague Milt Bradford represented the owners, who “are committed to keeping it intact and preserving its legacy.” Sam Middleton of Lubbock-based real estate brokerage firm Chas. S Middleton and Son represented the Marion estate.

Bell says the ranch “was purchased in its entirety and will continue to represent the icon that it is in the ranching community. History is always being made around this unique ranch, and this purchase was no different.”

This marks the first time the ranch has been sold since its establishment in 1870. “At over 266,000 acres, this is one of the most significant ranch purchases in recent U.S. history,” Bell says.

Marion’s maternal grandfather, legendary Texas rancher, oilman, and landowner Samuel “Burk” Burnett, started what now is known as 6666.

After he died in 1922, the bulk of Burnett’s estate went to his daughter, Anne Burnett, in a trusteeship for her not-yet-born daughter (Marion). Anne Burnett eventually married Charles Tandy, who founded Fort Worth-based Tandy Corp., which owned the RadioShack chain of electronics stores. Following Anne Burnett Tandy’s death in 1980, Marion inherited most of the estate, including two of the three parcels that now make up 6666. She purchased the third parcel, the 9,428-acre Frisco Creek Ranch, in 2016.

The legendary 6666 Ranch was on the market for $341 million.

Photo courtesy of Chas. S. Middleton and Son

The legendary 6666 Ranch was on the market for $341 million.

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Million-dollar homes

Multi-million-dollar gated home community The Preserve rises in Frisco

Preserve

A palace on the prairie of The Preserve in Frisco

Construction has begun on a multi-million-dollar custom home community in Frisco. Called The Preserve, it's situated among PGA Frisco’s championship golf courses and near the Omni PGA Frisco Resort, with multiple phases that will roll out over the next few years.

The Preserve is part of Fields, a 2,500-acre development in North Frisco off the Dallas North Tollway. Fields is co-developed and owned in partnership with The Karahan Companies, Hunt Realty Investments alongside investors Chief Partners and Cross Tie Capital.

The development will feature retail, dining, entertainment, hotels, corporate offices, native Texas plants, flowers, trees, and 250 acres of park space. It's designed by the same team responsible for Plano’s Legacy West, led by Fehmi Karahan.

Phase 1 of The Preserve will feature 233 homes crafted by 10 North Texas luxury homebuilders: Alford Homes, Coats Homes, and Starside Builders have all begun home construction. The other seven are The Preserve Bella Custom Homes, Endurance Homes, Faulkner Perrin Custom Homes, Hawkins-Welwood Homes, Shaddock Custom Builders & Developers, Sharif & Munir Custom Homes, and Ventura Custom Homes, for whom construction will start soon.

The Preserve Frisco The Preserve in Frisco, soon to be covered with homes.The Preserve

Lot sizes range from 6,800 square feet to more than an acre. Home design options will incorporate high ceilings, open floor plans, glass walls, and seamless transitions between indoor and outdoor such as patios, infinity pools, and landscaped exteriors.

The surrounding area will have more than 2,000 new trees plus views delivered via design elements such as floor-to-ceiling windows and expansive outdoor living areas.

Many of the homes will address sustainability, health, and wellness with green architecture, energy efficiency, water conservation, and recycled building materials.

It will combine the privacy of a gated community with resort-style living, featuring amenities such as the PGA golf courses, 20+ miles of hike and bike trails, and the exclusive Brookside Club with an expansive swimming pool, state-of-the-art fitness center, tennis and pickleball courts and a playground.

Prices will start at $3,500,000.

Hunt Realty SVP Todd Watson calls it one of the most anticipated mixed-use projects in the area -- æa perfect location for discerning buyers seeking their forever home or a secondary residence" — although he's involved with the project so he's probably biased.

“As part of the Fields development, with prominent neighbors like PGA of America and the Omni PGA Frisco Resort, we know The Preserve will be one of the most sought-after addresses in North Texas," Watson says.

According to the Frisco Economic Development Corporation, Frisco’s population has increased by 500 percent in two decades and was recently recognized as the fastest growing city in Texas and third across the U.S.

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