|The Foster Lumber Company originally owned a portion of the tract of land that was later developed into the community of Kingwood. The Foster Family had owned the land since around 1892. The land was sold to the joint venture between King Ranch and the Friendswood Development Company on December 28, 1967.
The historic King Ranch was one of the original developers of the Kingwood community, and was part of a joint venture with the Friendswood Development Company to develop the (then empty) tract of land that is now Kingwood.
The historic King Ranch, the "Birthplace of American Ranching," is one of the largest and oldest active ranches in the United States. Founded in 1853, King Ranch was created after Captain Richard King traveled north from Brownsville to attend the Lone Star Fair in Corpus Christi.