A 12,000-acre ranch in the Texas Panhandle that was once part of T. Boone Pickens’ expansive property has changed ownership, according to public records. The MV2 Ranch in Roberts County was sold by Mesa Vista Ranch LLC, a group of investors including Midland oilman Bailey Peyton and Georgia-based investor J. Bradford Smith, to Botas Rotas LLC, owned by Southlake businessman Tim Cummings.
The property spans 12,061 contiguous acres and features improvements aimed at supporting game populations, particularly quail. These include a seven-mile water line with sprinkler heads set every thousand feet and the potential for up to 50 new water wells due to its location above the Ogallala Aquifer.
Bryan Pickens of Republic Ranches handled the listing. The final sale price was not disclosed; however, the ranch had been listed for $16.5 million after an initial asking price of $19.6 million last spring.
The original Mesa Vista Ranch began as a 2,900-acre purchase by T. Boone Pickens in 1971 and grew over four decades into more than 64,000 acres. It became known as a luxury hunting destination with amenities such as an FAA-approved airport and a 25,000-square-foot mansion called “the Lodge.” When Pickens put it on the market in 2017 for $250 million, it was reportedly the most expensive property available nationally at that time.
After several reductions in price, Mesa Vista Ranch sold in 2022 within ten percent of its final asking price of $170 million. Oil investor Bill Kent acquired 36,000 acres including the mansion while Travis Chester purchased what would become MV2 Ranch before selling it to Mesa Vista Ranch LLC in 2023.
Following this transaction, legal disputes arose regarding marketing rights associated with the prestigious Mesa Vista name. Kent’s company filed suit against Peyton and Smith alleging that they used the name to misrepresent their largely unimproved acreage as part of Pickens’ luxury resort. The dispute concluded in April when Peyton and Smith agreed not to use the Mesa Vista name in their marketing materials.
Bryan Pickens’ efforts to promote the listing included producing a video last spring featuring executives from Field and Stream magazine hunting and camping on the ranch alongside country singer Ben Roberts.
