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 12 blog entries about Texas Land and Ranch Market Updates.

cowboy on horseback tending cattle

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 crops will allow livestock to graze through the winter, which

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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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Britt Loudermilk of Legacy Broker Group

Adding to Legacy Broker Group's Service Areas

Legacy Broker Group continues expanding its market area throughout Texas with the addition of Britt Loudermilk. Britt will be serving our land and ranch clients in Brown, Callahan, Coleman, Comanche, Eastland, McCulloch, Mills, and San Saba counties. Britt's addition to the team will bring bring Legacy Broker Group's unique set of marketing tools to 8 west central Texas counties.

Brown County, Texas Roots

Britt was born and raised in Brownwood. After graduating from Brownwood High School in 1975, he began his career with GTE, working to expand communication to the ranches of the Texas Hill Country and into Oklahoma.

In 2000 Britt became co-owner of Cen-Tex Adjusters, where he worked in

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Zachary Biermann, MBA, Legacy Broker Group

Legacy Broker Group names new managing partner

After an incredible year with Legacy Broker Group we are proud to announce that Zachary Biermann's promotion to managing partner.

As the top sales agent in 2019 with our firm Zach has brought incredible relationship skills coupled with his BBA in Marketing and MBA to give our firm an incredible competitive edge. Zach's energy, insight, and strategic business approach assures the continued success of Legacy Broker Group and its associated companies.

Please help us welcome and congratulate Zachary Biermann as our newest managing partner and owner of Legacy Broker Group.

Deep Texas hill country roots

As a 4th generation rancher in Comfort, TX, Zach Biermann has grown up around ranches and

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The beginning of 2020 shows a promising outlook for the U.S. housing market.

Within the span of 7 years (2012 to 2019) 5.9 million homes were built within the United States. During that same time period, over 9.8 million new households were formed within the US.

Although some of these households have been able to purchase homes from families moving out of the US or from unoccupied homes, there is still a rather significant deficit between the number of homes built and the number of people needing homes within America.

Explaining The U.S. Housing Deficit

Why is the housing deficit so large though?

As expected, the main culprit seems to be the great recession in 2008. In the years leading up to the market crash, loans were being granted to

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