A Houston legal heavyweight and his wife are saddling up in North Texas, buying one of the region’s most high-profile horse properties from a Western media and entertainment outfit that poured years and millions into the spread.
Jason and Kisha Itkin purchased the 860-acre TR9 Ranch and Equestrian Facility near Weatherford from Teton Ridge, a Western sports and content company, according to Dallas-based land brokerage Icon Global. The deal closed Jan. 8, with no price disclosed, the Dallas Business Journal first reported. The property had been marketed for $43.5 million.
The ranch sits about 50 miles west of Fort Worth and roughly 18 miles outside Weatherford, which brands itself as the cutting horse capital of the world. TR9 is known nationally for its top-tier equestrian infrastructure and for housing National Cutting Horse Association Hall of Fame horses including Quintan Blue and Watch Me Whip, according to the publication. Teton Ridge ran a breeding and performance program out of the property during its ownership.
Teton Ridge held the ranch for about four years and significantly expanded it, Icon Global associate broker Don Bell told the outlet. The company grew the property from 618 acres to 860 acres, gutted older structures and built new facilities designed to handle multiple horse disciplines under one roof.
The ranch includes several indoor and outdoor performance arenas, cattle-handling systems, extensive barns and conditioning areas, along with spectator viewing spaces. Bell called it the premier horse training facility in Parker County, noting that it’s rare for one property to accommodate cutting, reining and cow horse training due to differing arena and ground requirements.
The buyers operate Theorem Ranch, with holdings in Montana and a vineyard in Napa Valley. In August, the Itkins made headlines in the Western performance world by purchasing a $23 million cutting horse sire, Stevie Rey Von. Jason Itkin is a partner at Houston law firm Arnold & Itkin, while Kisha Itkin has taken a visible role in shaping their ranching ventures.
In a social media post announcing the acquisition, Kisha Itkin said the couple plans to “maximize this ranch’s potential” and position it as a platform to help grow Western performance sports.
Bell said he initially expected the land would need to be sold off in tracts given the cost to operate a facility of that scale. Instead, the Itkins emerged as a rare buyer whose resources matched their ambition. Icon Global founder Bernard Uechtritz echoed that sentiment, pointing to a “pinhole” market for properties of this caliber. — Eric Weilbacher
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