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The American dream

Houston oil-and-gas billionaire ranks among America's top 100 landowners

John Egan
Jun 11, 2025 | 12:34 pm
HMNS Great Outdoors Gala 2022 Russell and Glenda Gordy and Red FJ Cruiser

Russell and Glenda Gordy attended a 2022 gala at the Houston Museum of Natural Science.

Photo by Jenny Antill

Texas covers more than 260,000 square miles of land, equivalent to nearly 250 Rhode Islands. Put another way, the Lone Star State encompasses about 166.4 million acres, equivalent to more than 305,000 average Texas farms.

Given those eye-popping figures, it shouldn’t be a shocker that about one-fourth of the country’s mega-owners of private land have ties to Texas, either living here or owning land here (or both). That’s according to The Land Report’s 2025 list of the country’s top private landowners.

The highest-ranked Houstonian is oil-and-gas billionaire Russell Gordy (No. 76). He owns 212,000 acres of ranchland in Texas, Montana, and Wyoming. Gordy’s portfolio includes the 1,300-acre Rock Creek Ranch, which features property near Copperas Cove and Llano, and the 19,000-acre La Ceniza Ranch near Uvalde. He sits on the Texas State University System Board of Regents.

Statewide, the highest-ranked Texan on the list is billionaire Stan Kroenke, who owns more than 1.76 million acres across the country. His empire includes about 60 million square feet of real estate, the NFL’s Los Angeles Rams, the NBA’s Denver Nuggets, and the NHL’s Colorado Avalanche. He appears at No. 4 in the ranking.

Kroenke’s largest property apparently is Waggoner Ranch, a property northwest of Wichita Falls that he bought in 2016. The Land Report says the ranch comprises 560,000 acres; other media reports put the acreage at 535,000. Kroenke also owns land in Nevada and Wyoming.

Waggoner Ranch Billionaire Stan Kroenke owns Texas' massive Waggoner Ranch. Photo courtesy of Briggs Freeman Sotheby’s International Realty

Other notable Texas-related landowners in The Land Report’s top 100 (along with their national rankings) include:

Jeff Bezos (No. 23). The Miami-based billionaire founder of Amazon owns the 165,000-acre Corn Ranch, north of Van Horn, which is about 120 miles west of Fort Stockton. It’s a launch site for his Blue Origin aerospace company. In all, Bezos owns about 462,000 acres of land in the U.S.

Bass family (No. 38). Oil-and-gas billionaires Ed, Lee, Robert, and Sid Bass of Fort Worth control family holdings that include 285,000 acres of land. In 2017, the family sold 275,000 acres of Permian Basin oilfields to Spring-based ExxonMobil for $6.6 billion.

Taylor Sheridan (No. 49). The Yellowstone and Landman producer owns 267,000 acres spread across several ranches. The millionaire’s land holdings include the 206,000-acre 6666 Ranch near Lubbock and the 282-acre Bosque Ranch in Weatherford, which he calls home. Sheridan, an alumnus of Texas State University, grew up in Fort Worth and on a ranch in Cranfills Gap, roughly 90 miles northwest of Waco.

Taylor Sheridan, Nicole Muirbrook 'Yellowstone' creator Taylor Sheridan is one of the biggest landowners in Texas. Getty Images

Stewart and Lynda Resnick (No. 87). The California-based billionaire couple owns 196,775 acres in Texas and California. Brands under the umbrella of their business, The Wonderful Co., include Fiji Water, POM Wonderful pomegranate juice, Wonderful Pistachios, and flower delivery service Teleflora.

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Bang for Buck

Surprising suburb unlocks biggest apartments in Houston for $1,500

Amber Heckler
Jun 29, 2026 | 9:15 am
Apartment building exterior
Photo by Matt Halls on Unsplash
Pasadena has the 6th roomiest apartments on a budget in Texas.

Budget-conscious renters searching for the roomiest apartments in the region should look no further than Pasadena. According to a new study, the east Houston suburb has the biggest apartments on a budget in the metro.

In 2026, Pasadena residents can rent a 1,125-square-foot apartment for $1,500 per month. That's enough space for a two- or three-bedroom unit, and it's four square feet bigger than what renters could get with the same budget last year.

RentCafe's annual report analyzes the places where renters can find the largest apartment sizes across 200 of the most populous U.S. cities for a monthly budget of $1,500. The price per square foot was calculated using the average apartment rent and size per city based on "multifamily properties" containing 50 or more units.

Pasadena offers the 6th most spacious apartments in Texas for $1,500, and Houston ranks 11th statewide.

Renters in Houston proper will net a 976-square-foot apartment for the same price in 2026, a size that has shrunk by more than 20 square feet since 2023.

Apartment sizes across Texas
For the second year in a row, the Rio Grande Valley is the region that has the most spacious apartments for a $1,500 monthly budget, RentCafe found.

McAllen leads the nation with the biggest apartment size – at 1,378 square feet – which is large enough for a three- or four-bedroom unit.

"With rents averaging just $993 and the typical apartment measuring 912 square feet, McAllen renters get a lot more space for their money than most Americans do within that monthly budget," the report said. "Still, that figure is down slightly from last year’s 1,393 square feet — a sign that even the most affordable markets are starting to tighten."

Brownsville, another city on the border located an hour east of McAllen, ranks fourth statewide with apartments spanning 1,213 square feet for the same budget.

These are the top 10 Texas cities that offer the biggest apartments for $1,500 in 2026:

  • No. 1 – McAllen (1,378 square feet)
  • No. 2 – Amarillo (1,237 square feet)
  • No. 3 – Lubbock (1,217 square feet)
  • No. 4 – Brownsville (1,213 square feet)
  • No. 5 – El Paso (1,128 square feet)
  • No. 6 – Pasadena (1,125 square feet)
  • No. 7 – Corpus Christi (1,115 square feet)
  • No. 8 – Killeen (1,058 square feet)
  • No. 9 – San Antonio (1,023 square feet)
  • No. 10 – Mesquite (988 square feet)
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