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re: 424,000 acre ranch for sale in Texas - $632 per acre
Posted on 8/18/23 at 7:56 pm to BayouNation
Posted on 8/18/23 at 7:56 pm to BayouNation
No thanks…. Even if I had $5 billion….
Posted on 8/18/23 at 7:57 pm to lsupride87
quote:He was never going to be more than a spike, baw.
Could you imagine the arguments about what’s a cull and what isn’t, and how to boil crawfish for the annual spring work weekend?
Posted on 8/18/23 at 7:59 pm to billjamin
Its not as bad as you think. No 60k seat high school football stadiums to fund
Posted on 8/18/23 at 8:34 pm to Nado Jenkins83
quote:
Its not as bad as you think. No 60k seat high school football stadiums to fund
It’s not chump change. I can’t remember what we pay for my wife’s family ranches but it sucks up a lot of the revenue and we exploit all the exemptions.
Posted on 8/18/23 at 8:43 pm to Earnest_P
quote:
I don’t want land that close to Mexico, so I will pass.
I have almost 20,000 rounds of NATO ammo, thermo scope and night vision goggles complete with the helmet. I'm in and will volunteer as a perimeter security guard.
Posted on 8/18/23 at 8:44 pm to BayouNation
Watch the Chinese buy it
Posted on 8/18/23 at 9:14 pm to Juan Betanzos
quote:
Watch the Chinese buy it
There’s not really any value unless you’re going to ranch it or setup up high fence hunting. It’s just a giant recurring expense with out those.
This post was edited on 8/18/23 at 9:14 pm
Posted on 8/18/23 at 9:21 pm to Nado Jenkins83
quote:
not as bad as you think. No 60k seat high school football stadiums to fund
Went bird hunting out by Knox City and passed by a 7man football game where the spectators parked on the sidelines and watched from their vehicles.
Posted on 8/18/23 at 9:26 pm to The Boat
quote:
I wonder how many dead Africans and Chinese who died trying to cross the border you’d have to scoop up off your property every day
They'd just be food for the 100 jaguars I'd turn loose.
Posted on 8/18/23 at 9:27 pm to BayouNation
Short of the Peoples Republic of China buying that shite, its time to parcel that out.
Posted on 8/18/23 at 9:28 pm to Mushroom1968
quote:
Someone from California will buy it, turn the entire land into a section 8 housing community
Could be like South American slums.
Posted on 8/18/23 at 9:30 pm to LSUnatick
quote:
its time to parcel that out.
That’s for the whole thing. It’s already split up into 7 listings for more reasonable sized pieces.
Posted on 8/18/23 at 9:46 pm to BayouNation
Is there a way to set up a payment plan that my grandkid’s grandkids can still pay on this?
Posted on 8/19/23 at 12:09 am to Jim Rockford
quote:
The kind of people drawn to these remote areas and the lack of nearby law enforcement means that disputes between neighbors frequently happen and can get out of control quickly.
This makes me laugh. I have lived in Brewster County for 12 years. I know land owners from the border to town and people in Alpine city limits, never heard of this. I spend time on ranches along the border in Brewster and Presidio County.
The misconceptions in this thread are entertaining. I hope it keeps people away.
Posted on 8/19/23 at 8:02 am to White Bear
quote:
What are the mineral rights and transfers like in TX?
Forever
Depends if they are state classified minerals or not. Formerly public lands in west Texas have the minerals owned by the state, with the surface owner getting half of the landowners cut if there is production. The mineral estate does not sever from the state and the surface owner, unlike private mineral estates in which the owner can retail the mineral estate and sell surface only.
Posted on 8/19/23 at 9:10 am to billjamin
quote:
Not once the first property tax bill shows up.
Wouldn’t this be mostly Ag land with very very little property tax? Anyone have any idea what a rancher would pay in taxes?
As said there’s really no ROI here at $268/ mil. I doubt there would be a 1% ROI on $100 mil purchase. This seller is aiming for a billionaire that just wants a rare huge sprawl.
It’s a long ways from anything when you don’t have a plane and a crew of employees that buy whatever you need.
ETA: as said the Chinese are going bankrupt on real estate but even they wouldn’t be interested in something like this at this price point because again, there’s absolutely no reasonable ROI on this land.
This post was edited on 8/19/23 at 9:11 am
Posted on 8/19/23 at 9:14 am to BayouNation
Does it have an airport large enough for my fleet of private jets?
Posted on 8/19/23 at 9:16 am to bhtigerfan
Alice Walton should buy it and carve out a giant Razorback overlooking the landscape, Mount Razorback I call it art
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