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Four Sixes Ranch Sells for $300 Million in Landmark Deal

  //business-finance.news-articles.net/content/202 .. anch-sells-for-300-million-in-landmark-deal.html
  Published in Business and Finance on Wednesday, January 14th 2026 at 14:43 GMT by Dallas Morning News
      Locales: Texas, UNITED STATES

ANNA, TEXAS - January 14th, 2026 - In a landmark deal reverberating through the Texas ranching community, the legendary Four Sixes Ranch (6666 Ranch) has entered a new era under the stewardship of a partnership led by Charles Penney. The transaction, finalized earlier today, sees the sprawling 66,772-acre property change hands for approximately $300 million, marking one of the largest and most significant ranch sales in North Texas history.

The Four Sixes Ranch, steeped in tradition and recognized as one of the state's most valuable and historic properties, has been a Matthews family holding for an impressive five generations. This legacy is a cornerstone of its identity and a significant factor in the ranch's enduring appeal. The decision to sell, while undoubtedly significant for the family, signals a shift in the landscape of Texas ranching and the evolving dynamics of land ownership.

Charles Penney, a prominent businessman with diverse interests spanning multiple industries and extensive real estate holdings, now leads the ownership group. He articulated a clear commitment to preserving the ranch's rich heritage and maintaining its operational integrity. "This is an incredible asset, and we intend to honor its heritage," Penney stated, reassuring the community and the ranch's dedicated workforce. This pledge suggests a continued focus on the ranch's core functions - the thriving cattle and horse programs that define the Four Sixes.

A History Etched in the Texas Landscape

The name "Four Sixes," instantly recognizable across Texas, originates from the distinctive brand applied to its cattle, a visual representation of the ranch's identity. The ranch's story began humbly in 1906, evolving from a modest spread into the vast, working ranch it is today. The pivotal acquisition by the Matthews family in 1910 spurred a period of significant expansion, transforming it into the sprawling, multifaceted operation it has become.

Over the decades, the Four Sixes Ranch has grown to embody more than just a ranching operation. Its extensive acreage, meticulously managed pastures, and well-bred livestock represent a testament to generations of dedication and expertise. The ranch's reputation extends far beyond its agricultural prowess; it's become a beloved destination for those seeking an authentic Texas experience.

Beyond Cattle and Horses: A Destination & Future Conservation Efforts

The Four Sixes Ranch is renowned for its vibrant atmosphere and diverse range of events. From thrilling rodeo competitions to captivating concerts and elegant weddings, the ranch has successfully cultivated a reputation as a premier entertainment and event venue. The transition in ownership doesn't appear to indicate any immediate changes to this popular facet of the ranch's appeal, suggesting the continued enjoyment of visitors is a key priority.

Beyond maintaining the ranch's existing operations, Penney's partnership has expressed interest in exploring conservation opportunities. Given the increasing importance of land stewardship and environmental responsibility, this initiative aligns with modern trends and underscores a commitment to the long-term sustainability of the property. Specific details regarding these conservation efforts are expected to be released in the coming months. The focus could include initiatives like wildlife habitat restoration, water conservation strategies, and sustainable grazing practices, further enhancing the ranch's value and appeal.

What's Next?

The sale of the Four Sixes Ranch is more than just a transaction; it's a symbolic moment in Texas history. While the Matthews family's legacy will undoubtedly endure, the new ownership brings a renewed focus on innovation and responsible stewardship. The coming years will be crucial in observing how Penney and his partners balance the preservation of tradition with the pursuit of new opportunities, ensuring the Four Sixes Ranch continues to thrive as a cornerstone of North Texas' culture and economy.