Texas Land and Ranch Market Updates

The Texas Land and Ranch Market is always changing, making it difficult for the average land and ranch owner to establish when the best time to act is. Use our blog as a resource to help you know exactly when the ideal time to buy and sell is. 

Texas Land

Found 15 blog entries about Texas Land and Ranch Market Updates.

3 calves with ear tags

Beef and Cattle are Texas’s Largest Economic Exports

However, the last year of economic turmoil has shaken the industry in more ways than one. Fortunately, beef and cattle prices are experiencing an upward trend as the U.S. economy emerges from the COVID-19 pandemic. Traditionally, beef demand increases leading up to the summer season, but national interest is higher than ever as consumers move forward from a year of restrictions and lockdowns. In nearly every industry, the economy is recovering and growing as more businesses open their doors once again. Based on recent USDA reports, beef and cattle ranchers, producers, and distributors can expect an encouraging return to normalcy this summer.

Cattle pasture with sunlightTemporary Setbacks

On June 1, Brazil’s JBS SA,

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toy house with keys next to it

 

The Real Estate Market is Booming 

The real estate market has been unusually hot this year, despite the COVID-19 related global crisis. Hyperactive buyers are increasing home prices, causing homes and ranches to sell faster than ever, and creating heavy competition in the housing market. Low supply and high demand have turned the real estate market upside down, and off-market properties have been surging like never before. An off-market property is a house that sells without being publicly advertised or listed. In this case, the seller either advertises the home privately to a select group of potential buyers or negotiates with the buyer directly. 

home on acreage in the Texas hill country2021’s Housing Boom: An Explanation

A plummet in supply, dozens of bids on a single home,

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wood barn in Texas hill country field of bluebonnets

Learn the value of your ranch at our Ranch Valuation Tool. 

Texas land and ranch sales have been skyrocketing since March of 2020

According to data from the Texas A&M University Real Estate Research Center, over half a million acres of rural Texas land traded hands last year, hitting a record $1.69 billion for the market. This growth is expected to continue for the year, as more landowners seek safe investments and country getaways.

Guadalupe river flowing through Texas hill country landSick Of The City: A Move Towards Safety

City-dwellers have been hit the hardest by the pandemic. Congested regions have faced the strictest lockdowns, the highest caseloads, and the most anxiety over the unknowns of the pandemic. Living in highly populated areas has less and less appeal as the pandemic ebbs and

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cowboy on horseback tending cattle

Learn the value of your ranch at our Ranch Valuation Tool. 

Owning a ranch is hard, but not impossible.

Time, money, and energy are a rancher’s most precious resources; and how you spend them will make all the difference. Successful ranchers are more than willing to go against the grain (literally and figuratively) in order to run a healthy, thriving operation. If you want to learn how to increase your ranch’s profitability and longevity, there’s one truth you have to build your foundation on - Practicality always trumps luxury.

water source in a green pastureBuild Your Ranch From the Ground Up

The richer your soil, the more you can produce and graze on your land. Rotational grazing is a simple way to improve soil health and increase plant diversity. Planting cover

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With a growing population, no income tax and a low cost of living, there is an increasing interest in buying rural property in Texas. As the population increases, the state’s cities and urban areas continue to expand. This has led to more people looking for property in outlying locations.

There are several commercial opportunities for rural property in Texas, including investment properties such as ranches, farmland, and second homes away from heavily populated city areas. As the demand for rural property grows, rural land purchasers are likely to see an increase in the value of their investments.

How Do I Buy Rural Property in Texas?

Once you’ve found a piece of rural property in Texas that suits your needs, the first step is to make an

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Wait! Before you buy that land, make sure you’ve done your homework. Here are five key questions to ask, and how to find the answers.

1) WHAT RESTRICTIONS AND/OR ZONING ORDINANCES APPLY TO THE PROPERTY?

Determine legal uses on the parcel you’re considering: Is it zoned agricultural, residential, commercial? Each of those classifications will determine what you can and can't do on the property. Municipalities occasionally change their communities' zoning to reflect what they want to direct the land to become in future years. Even if the seller provides you with zoning information, verify it yourself with the local governing agency (in the town or county where it’s located) to ensure you have the most up to date information. You’ll also want

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With its beautiful ranch properties, rolling hills and hardy pine forests, Texas is an ideal place to buy land.

But finding the perfect property is just the beginning of the land buying process. In order to know how to buy land in Texas, there are a number of state-specific trends and regulations to understand.

Here are the answers to some common questions Texas land buyers ask:

What does rural land in Texas typically cost?

It's wise to keep in mind that land values can vary vastly depending on features of the specific property you're considering, such as location, access, special amenities and natural features. However, the Real Estate Center of Texas A&M University has a website dedicated to data on purchasing rural land in Texas,

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If you are considering selling, know this: land and ranch properties are moving quickly in Texas. We have had multiple off market and short list-to-close transactions for land and ranch properties so far in 2020. 

 

Please visit this link to obtain a broker's opinion of probable sales price for your Texas land or ranch property

 

 

Latest Land and Ranch Offerings from Legacy Broker Group

Click any link to view photos, video, property details and price

 

 

90 Brooks Crossing, Boerne, TX 78006

 

7998 Highway 16, Bandera, TX 78003

7998 Highway 16, Bandera, TX 78003

 

12610 Lower Seguin Rd., Schertz, TX 78154 (Development potential)

 

 

1.55 to 40 Acres +/- Interstate 10, Boerne, TX 78006 (High visibility highway frontage,

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green-tractor-wheat-field-farming-2020

The Numbers 

2020 is set to have the highest annual income for farms since 2013 when the market peaked at $139.1 billion. Following that year, the market crashed and this upcoming year is expected to have the first upturn in profit since. This year, it is projected that US farms will bring in a total of $96.7 billion, a 3.3% rise from last year. 

Though this gap between 2013 and now seems large, if this prediction is correct the net income would be $5.1 billion more than the average from 2000 to 2018. Steady growth in the farm industry is a very good thing at this point following 2014’s market decline.

Since Texas provides a massive proportion of United States agriculture, this is great news for Texas landowners who farm or for those who

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In the past century, cotton acreage in the United States has fluctuated immensely. From 46 million acres set aside for cotton in 1925, to only 10.8 million acres in the mid-eighties, the amount of cotton within the United States has definitely seen its ups and downs. 

As of 2019, there were approximately 14 million acres across the country dedicated to cotton, about 6 million of these acres within Texas alone. Now though, there is a fear that in the upcoming years cotton acres will begin to plummet.

 cotton-feild-flower-dawn-harvest-production

 

How big of a decline will that be?

Professor John Robinson, who teaches at Texas A&M University and specializes in cotton marketing, has predicted a decline of 2 or even 3 million acres within the next year. This would bring the size of the

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