The Sandow Lakes Ranch is a 33,800-acre ranch in Texas, U.S. [1] It spans three counties, including Milam County, Texas, [2] There are 14 lakes on the ranch and "48,379 acre feet of water" from the Carrizo-Wilcox Aquifer. [1] [2] It was acquired by Alcoa in the 1950s. [1] In 2016, Alcoa listed it for US$250 million. [1] [3]