Land, farm, and ranch news
Unlocking Land Equity: How a Real Estate Professional Can Increase the Value of Your North Texas Ranch
As a proud owner of a North Texas ranch, you understand the importance of every acre under your care. Each ranch not only holds sentimental value but also represents a part of your family’s financial future. Land can bring and hold families together over generations as it builds equity. Maximizing your ranch's equity is a daunting task without the required tools and expertise. A skilled land & ranch real estate professional has the expertise and knowledge to help you maximize your ranch’s equity if you decide to sell.
Real estate professionals with a proven track record in land and ranch properties thoroughly understand the market's dynamics and unique characteristics. Industry trends, property valuation, and local insights are all essential factors to understanding how to value your ranch. A strategic plan, combined with in-depth knowledge and personalized service to increase your ranch’s economic potential are a few factors that make land & ranch real estate agents vital.
The second most crucial role a real estate professional plays is to identify potential improvements to your ranch that will yield a higher return on investment or a faster sale. This could range from road grading or trail cleaning to enhance the showing route, upgrading amenities to appeal to specific buyer types, or understanding the right time to sell. A seasoned North Texas ranch real estate professional will know how to add tangible value to your property with targeted activities (often with less work than the landowner would do!).
Lastly, land & ranch real estate professionals are experts at marketing and negotiation. What might work well for residential properties does not always work well for land & ranch properties. Part of a land & ranch real estate agent’s value is in showcasing your property, maximizing exposure to the qualified buyers, and protecting your ranch. Their ability to articulate the unique features, highest and best use, and appeal of your ranch, coupled with expert negotiation skills, ensures that you receive the best possible price for your property.
Understanding and unlocking land equity can be an overwhelming task for someone unfamiliar with the intricacies of the real estate market. However, with the right professional help, you can not only enhance the value of your North Texas ranch but also safeguard your equity for the future. After all, your ranch is both an investment and a legacy.
Are you ready to unlock your ranch's true potential and increase its equity? Do you want to partner with a real estate professional who prioritizes elite customer service and has intricate knowledge of the North Texas area? Don't venture into this territory alone. We have more than 20 years of demonstrated experience helping people buy and sell land & ranch properties in the North Texas area. Contact us today, and together, we can help you move towards the next chapter.
North Texas' Ranching Opportunities: Could going organic fuel your bottom line?
Could going organic fuel the bottom line or your farm, ranch, or investment property? What does it even mean when to eat certified organic food? 🥩 🥔
An organic certification from the USDA means that farmers and businesses have met strict standards for the growing, processing and handling of their products. Given the growth in the organic market, it could also mean that your operation is more profitable.
Boyd, TX to create tax increment reinvestment zone
Boyd, TX, a city in Wise County, vote to approve a tax increment reinvestment zone (TIRZ) in December. A TIRZ is used to promote the development or redevelopment of an area. By setting a baseline tax value for an area, the city can direct additional revenue derived from the increased tax base in the area back into the area.
DFW-Houston high-speed rail receives $1M grant
The long-awaited high-speed rail proposal between DFW and Houston recently received a $1M federal grant. The purpose of the grant is to develop "a scope, schedule, and cost estimate for preparing, completing, or documenting its service development plan."
Think of this as a pre-preliminary step where they are developing the plan to prepare, complete, and document the service development plan. In the meantime, I-45 or Southwest Airlines will continue to be your main way to get from DFW to Houston.
The New Small Business Reporting Rule and How to Comply
There is a new reporting rule which applies to farms, ranches, agricultural operations (and many other businesses) set up as legal business entities that goes into effect January 1, 2024. Businesses formed on or after January 1, 2024 have 30 days to comply and businesses in existence before January 1, 2024 have until January 1, 2025 to report. If there is a change in ownership, reporting is required within 30 days of the change.
Finding a lawyer
While finding an lawyer is not always top of mind, it is good to have attorney contacts. It's even better to have lawyer that focus on an area where you need assistance. Sometimes the relationship is almost as important as the legal matter, and sometimes the legal expertise is more important than your lawyer having a relationship.
Drinking water restrictions - what they mean for you and your investment
Are you wondering what water restrictions mean for you and your land & ranch investment? The Texas Commission on Environmental Quality (TCEQ) maintains a list of water systems in the state currently experiencing challenges with their water supply.
As real estate agents focused on land & ranch properties, we have experience helping people navigate working with rural water systems, and would welcome the opportunity to help you do the same.
Can you hunt ducks and geese this year? The answer is yes
While most of the hunting in our area is focused on ducks, sometimes you get a chance to hunt both. Learn how to hunt ducks and geese with this article.
Buying land in groups
Have you considered buying land? Are you looking for a way to partner with others to complement your skills? We have experience helping people buy and sell land as individuals or in groups, and we would welcome the opportunity to help you do the same
Texas November Election Results
Texans went to the polls on November 7th and passed 13 of 14 Constitutional Amendments. Highlights include the passing of Proposition 1, establishing a right to farming, ranching, timber production, horticulture, and wildlife management passed with nearly 80% of voters in favor. Proposition 3 to prohibit taxes on wealth or net worth passed with nearly 68% of voters in favor. Proposition 13, which would have increased the mandatory retirement age for state judges failed with nearly 63% of voters against the amendment.
Feral hog management - trap design best practices
Feral hogs were in all but 4 Texas counties in FY 22 and cause billions of dollars in damages each year. This article contains information about how to build a better trap so that you can better manage feral hogs on your property.