12501 Aledo Rd
Fort Worth, TX 76126

Key Facts 3,790 +/-Acres Tarrant and Parker Counties Crown jewel for future development Aledo Independent School District Borders the Fort Worth city limits Over 3 miles of Dutch Branch Creek 1/16 of mineral and royalties convey South of Walsh Ranch and in major development area Access to Union Pacific Railroad Paved road frontage, multiple access points Rolling topography with views of downtown Ranch is within the Fort Worth ETJ Full water rights and wind rights convey History: The Historic Veale Ranch near Aledo has been a carefully managed, operating cattle ranch for 5 generations of the Veale family since 1935. Once part of the James Corn Ranch, which encompassed about 55,000 acres in the late 1800’s, this ranch was originally purchased by Monroe Veale and his mother Ida Ward Veale. The heirs are descendants of families that settled this area and in Stephens County. To this day they continue the long legacy of proper and conservative range management, preservation of a deep rooted history in Texas ranching, and a remarkable level of care and compassion for the land as some of Texas’ finest ranch stewards. Location: The proximity of the Veale Ranch in Aledo is unmatched. It is South of I-20, about halfway between Weatherford and Fort Worth. The ranch gate is 11 miles from downtown Fort Worth, or a short 15-minute drive. The ranch has access to paved road on the North by Aledo Road, on the West by FM 1187, and the East by Chapin School Road, RM 2871. Minerals: 1/16 of the royalties and mineral estate is being offered for sale with an acceptable contract. The Barnett Shale natural gas formation continues to influence the market in areas to the Northwest and Southwest of Fort Worth, and the ranch is in the heart of the Barnett Shale gas play. Approximately one half of the ranch is held by production, and the Eastern 2,000+/- acres with views of downtown are un-leased. There are 20 operating gas wells on the ranch, and the operator is Devon Energy. The surface use agreement is favorable to the ranch and surface owner, whose consent is required for all future well site locations. Water: Full groundwater rights convey with this sale. There are 14 water wells on the ranch: 8 wells have submersible pumps that produce from the Paluxy formation, 3 wells have windmills that pump from the Paluxy formation, and the remaining 3 wells produce from the Trinity formation with submersible pumps. The ranch gets an average of 30” – 35” of rain per year. There are four main stock tanks and over 3 miles of Dutch Branch Creek on the ranch. This beautiful creek is usually running, with limestone bottoms and scenic bluffs, and it drains into Lake Benbrook. Soils: The soils on the ranch consist of mostly clay loam, including associations of Purves Clay, Aledo-Bolar Complex, and Aledo Gravelly Clay. The gently sloping flat hills feature these thin soils over hard layers of resistant limestone, the underlying layers of which are often exposed to form escarpments that produce the scenic topography typical for the area. Dutch Branch Creek also offers prime fossil hunting, and fossils are commonly found throughout the property. Topography: The ranch has gently sloping to level topography with long, rolling views. A majority of the subject property has an average slope of two percent, with some portions being around nineteen percent. The highest point of the site is at approximately 982 ft. and the lowest point of the site is at approximately 800 ft. Range and Carrying Capacity: The Veale Ranch is located on the Eastern edge of the Cross Timbers and Prairie ecoregion of Texas, and is mostly prairieland. It has consistently been a very productive ranch with mostly native grassland species of little bluestem, Indiangrass, and thick big bluestem. It has historically been able to comfortably carry about 210 – 220 mother cows, as primarily a cow-calf operation, supplemented with yearlings. The family’s dedication to conservative management, supplemented with herd rotation of cows and yearlings, has preserved sturdy, healthy range conditions. Currently the property is stocked with Brangus cows, bred to Hereford and Angus bulls. The current cattle inventory is available for sale with a separate contract. Rail: The Union Pacific rail that passes through Aledo and Dallas / Fort Worth begins in Sierra Blanca, on a far most part of West Texas, and then travels through Sweetwater, Abilene and Weatherford before reaching the Fort Worth area. The Northern boundary of Iona Road is named after this area railroad switch, Iona. The railroad moves a diversified mix of freight cars that can hold agricultural products, automotive, chemicals, coal, and industrial products. At this railroad crossing (ID 839211T), which is near Aledo and the border of Tarrant County, the estimated number of daily train movements shows a schedule of 10 trains between the hours of 6am to 6pm, and 10 trains from 6pm to 6am. A rail spur can be added to the Union Pacific rail, and the time required for such a project largely depends on the scale of the project. Estimated construction time for a spur on the Union Pacific rail averages between 10 and 12 months, depending on the addition of a railroad turnout or not. Improvements: Significant improvements include two ranch homes with luxury features. One is 8,000 sq ft with a horse barn, stalls, equipment shed and lighted riding arena. The other is 3,500 sq ft and beautifully landscaped with mature trees, rock patio, outdoor fireplace and a luxury pool highlighted with waterfalls. The Historic Ranch Headquarters includes two of the four other residences complete with cattle working pens and barns. Complete details on all improvements are listed further below. Wildlife: The Veale Ranch also has abundant wildlife with plenty of whitetailed-deer, Rio Grande turkeys, migratory birds, coyotes, foxes, and a healthy population of bobwhite quail that thrive on the property. The stock tanks have bass, bream, and catfish. Taxes: The ranch land is taxed with an agricultural 1-D-1 valuation. Equipment: Ranch equipment, tractors, trucks, and rolling stock are available with a separate contract. DEVELOPMENT POTENTIAL Future Development: The Veale Ranch is a 3,790-acre tract of land located Southwest of the intersection of Aledo Road and RM 2871 in the City of Fort Worth’s Extraterritorial Jurisdiction (ETJ). It is comprised of 24 significant parcels as identified in the Veale Ranch Parcel Table. Existing Conditions: The site is currently undeveloped. A few private residences and multiple gas wells exist onsite. Multiple gas easements and gas lines exist onsite as well. In the City of Fort Worth, a 300-foot setback is required.