Foundation Acquires 650-Acre Ranch in Henderson County
1 report, 1 independent
Updated Oct 4
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What happened
The Texas Parks and Wildlife Foundation sealed a deal for a 650-acre ranch located on Lake Palestine in Henderson County. The foundation purchased the property for more than $10 million. The foundation will hold the land until the Texas Parks and Wildlife Department buys it, a process expected to begin in late 2027.
From dentonrc.com
Why it matters
The acquisition secures one of the largest remaining contiguous tracts of land on the lake. The foundation's purchase allows the state time to earn interest on the funds allocated in the Centennial Parks Conservation Fund before developing the property into a state park.
From dentonrc.com
Who's involved
- Sam Pollard
- Henderson County
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The entities involved
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Henderson County
county in Texas, United States