Firewater Ranch
1,335 acres, Stephenville, TX

Owner Ken Freeman's "Firewater" Ranch was primarily a quarter horse and Texas Longhorn operation located outside of Ft. Worth. A country retreat with several homes and a large lake, the family had been trying to sell the property over a prolonged period.

Open Lands structured a joint venture with Mr. Freeman, whereby the property was preserved in several large tracts for new owners. This agreement benefited all parties guaranteeing Mr. Freeman a minimum return and additional compensation for assisting with the property's sale and transfer. Again, the sale was structured as "turnkey" including all equipment, horses and furniture located at the ranch.

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