It’s nice to see this property staying whole and not being broken up for development… for now.

American businessman Stan Kroenke, owner of NFL team the Los Angeles Rams and a major shareholder in English Premier League soccer club Arsenal, has completed the purchase of the fabled Waggoner Ranch in Texas.

The sale price for the 800-square-mile property near the city of Vernon in Wilbarger County remains a secret but was listed on the market for $725 million, making it one of the most expensive properties in the U.S.