City Negotiating to Sell Another Tract of the Ford Ranch

SAN ANGELO, TX – San Angelo City Council members Tuesday authorized the staff to negotiate a sale of approximately 575 acres of Ford Ranch for a price no less than $1,950 per acre to Adam and Kimberly Ellisor. Ford Ranch is a property in Melvin, Texas totaling 32,841 acres when first acquired by the City.

The ranch was originally purchased by the City for approximately $44 million or $1,350 an acre.

The City also accepted a contract in June 2020 for a future sale of 324 acres of Ford Ranch, marketed as the Ford Ranch Farm, for no less than $450,000 or $1,385 per acre to a neighboring property owner. In March 2020, the City announced the sale of 864 acres in the southeast corner of the ranch to Riverbend, Texas, LLC and High Point Ranch Expansion, LLC. The purchased land is in the southeast corner of the property.

In November 2016, the San Angelo City Council approved the purchase of the ranch, from which the City pumps water from the Hickory Aquifer. Once the ranch was marketed for purchase, the Council determined that buying the property was the surest avenue for protecting San Angelo’s stake in the Hickory, along with the $120-million investment made developing the aquifer as a source of drinking water.