Lincoln County Ranch Sells for $56M

Not the actual Pawnee Ranch Picture

In what appears to be a record-high buy for a Nebraska ranch, a roughly 40,000-acre Sandhills property with a history of prominent owners has shifted hands to a self-made billionaire insurance couple with a vision to build a “world-class cattle operation.”

Sold for $56 million, Lincoln County’s Pawnee Springs Ranch on Tuesday became the latest investment for Mark and Robyn Jones of Westlake, Texas.  The sale comes to approximately $1,400 dollars per acre.

Among other key holdings is part ownership of Goosehead Insurance, a public company the Joneses founded and grew, and a sprawling forested timberland ranch the pair bought a few years ago in Montana. 

Mark Johnson of Hall and Hall, which handles ag real estate in nine states, said Pawnee Springs Ranch “exemplifies the top qualities of a Nebraska Sandhills river ranch.”