Alice Walton Lists Texas Ranch For $19.7M

The Fort Worth Business Journal is reporting that Alice Walton, Wal-Mart Stores Inc. heiress and founder of Crystal Bridges Museum of American Art in Bentonville, has listed her Rocking W Ranch for cutting horses in Texas at $19.7 million.

In a statement issued to the Fort Worth Business Journal, Walton said, “I have loved this business and this way of life. But it is time for me to pull back and focus on other things that really matter to me.”

According to the Fort Worth publication, that would be Crystal Bridges.

The Fort Worth Business Journal, which first posted the story around 3 p.m. Wednesday, quoted real estate agent Allen Crumley of Williams Trew Real Estate.

“Rocking W Ranch is truly unique in its diversity and features a beautiful blend of improved pastures and wildlife-friendly native habitat,” he said.

The 1,432-acre ranch is located along the Parker-Palo Pinto county line in the town of Millsap, according to the Fort Worth Business Journal. According to the publication, the Walton property is among the largest cutting horse ranches in Texas.

The ranch is less than an hour west of Fort Worth on Interstate 20.