A 12,000-acre ranch in the Texas Panhandle that was once part of T. Boone Pickens’ expansive property has changed hands, 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 covers 12,061 contiguous acres and features several enhancements aimed at supporting game populations, especially quail. It includes a seven-mile water line with sprinkler heads set every thousand feet. Its location above the Ogallala Aquifer could allow for up to 50 new water wells, as stated in the listing.
Bryan Pickens of Republic Ranches handled the listing but is not related to T. Boone Pickens. While the final sale price remains undisclosed, the ranch had been listed for $16.5 million—about $1,400 per acre—after being initially offered at $19.6 million last spring.
T. Boone Pickens began assembling his ranch holdings in 1971 with an initial purchase of 2,900 acres. Over four decades, he expanded it into a luxury hunting destination spanning more than 64,000 acres with amenities such as an FAA-approved airport and a 25,000-square-foot mansion known as “the Lodge.” When Pickens put the property on the market in 2017 for $250 million, it was reportedly the most expensive property available nationwide.
Following several reductions in asking price, Mesa Vista Ranch sold in 2022 within ten percent of its final $170 million asking price; oil investor Bill Kent acquired a large portion including the mansion while rancher Travis Chester bought what would become MV2 Ranch before selling it to Mesa Vista Ranch LLC in 2023.
After this acquisition, legal disputes arose over use of the Mesa Vista name. Kent’s company filed suit against Peyton and Smith alleging they formed Mesa Vista Ranch LLC specifically to resell the acreage and misrepresented their land as part of Pickens’ original luxury resort through marketing materials using the Mesa Vista name. The dispute concluded in April when Peyton and Smith agreed not to use “Mesa Vista” in future marketing efforts.
The sales campaign included promotional efforts such as a video produced last spring featuring executives from outdoor magazine “Field and Stream” hunting on-site alongside country singer Ben Roberts.
