DALLAS, Sept. 1, 2016 /PRNewswire/ -- Briggs Freeman Sotheby's International Realty announces the sale of Valor Farm, which covers almost 400 acres in Pilot Point, Texas. The new owner will continue the farm's legacy of breeding and training world-class Thoroughbred horses, including the great Alysheba, the all-time leading earner that was inducted into the National Museum of Racing and Hall of Fame.
The farm, listed for $14,950,000, was sold by Angie Nelson, Vice President with Briggs Freeman Sotheby's International Realty's Ranch & Land Division, based in North Texas, along with her business partner, Brenda Moerschell, Vice President of Briggs Freeman Sotheby's International Realty.
Since opening its Ranch & Land Division in 2011, the company has become one of the leading ranch brokerages in Texas. Among the many significant sales was the W.T. Waggoner Ranch, offered for $735,000,000 and touted as the largest listing in the history of Sotheby's International Realty affiliates.
"It's an exciting time to grow this side of our company. We pride ourselves in bringing North Texas to the world and the world to North Texas," said Robbie Briggs, President and CEO of Briggs Freeman Sotheby's International Realty. "It is a privilege to facilitate rural investments that encourage economic growth as well as stewardship of the land and, in the case of Valor Farm, an outstanding legacy of Thoroughbred champions."
"Brenda and I were honored to represent the sellers in this significant transaction. It was a particularly meaningful sale to a buyer who will continue Valor's legacy," Nelson said.
Valor Farm stands in one of nature's anomalies: a stretch of Texas land about 10 to 20 miles wide and 30 miles long that has a sandy loam soil, which drains well and is ideal for raising horses.
That is why Pilot Point, an hour north of Dallas and Fort Worth, attracts some of the world's best horse breeders, like Clarence and Dorothy Scharbauer. Three years after they began buying Thoroughbred yearlings at Valor Farm in 1984, Alysheba captured the roses
"It is an iconic ranch, known all over the world not only among Thoroughbred breeders, but the horse industry generally," Nelson said.
"You can see the craftsmanship that went into every building," Moerschell said. "It is over and above. In every direction your eye can see the quality in the details."
Today, Valor Farm breeds yearlings, races and boards its own horses and those owned by others.
Since founded in 1960, Briggs Freeman Sotheby's International Realty has grown to 423 award-winning associates that are positioned to serve clients throughout the entire Dallas/Fort Worth area.
Independently owned and operated by President and CEO Robbie Briggs, the firm specializes in the purchase and sale of significant properties, from historic and contemporary, to waterfront, ranch and land. The company's deep-rooted connections, cutting-edge marketing resources and global strategies bring the extraordinary to all clients.
For more information: contact:
Angie Nelson at 214-794-8945
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SOURCE Briggs Freeman Sotheby's International Realty