Val Kilmer sells New Mexico ranch after years on market to Texas oil tycoon

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Actor Val Kilmer sold his Pecos River ranch in New Mexico in 2011. The property was initially listed for $33 million but sold for $18.5 million after years on the market. The ranch was purchased by Texas oil businessman Benjamin A. Strickling III and his wife. The land was known for its natural beauty and had a notable Hollywood history.

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