Dreaming of owning ranch property in Texas? Here’s what you need to know about ranch living in the Lone Star State.
Advantages of ranch living
Owning ranch property in Texas is a wonderful long-term investment for the following reasons:
- Cattle – Texas has nearly double the number of calf and cattle production of any state in the nation.
- Land value – The value of land for cattle production is greater here than any other state.
- Beef production – Texas takes the lead in total acreage devoted to beef production nationwide.
- Cost of land – Land in the Lone Star State is relatively affordable and has great potential to produce good and steady income for property investors. Building and labor expenses are also inexpensive.
- Abundance of ranch properties – Nearly 130 million acres of land are dedicated to ranching and farming, giving investors a wide selection of ranch properties to choose from.
Some factors to consider
As with any major purchase, there are some factors that should be taken into consideration when buying a ranch. These include:
- Soil type – The land you buy should be able to support the growth of fodder, pasture, and other plants that your cattle can graze on. This will help you save a tremendous amount of money in the long run. Areas with loamy soil tend to be ideal for plant growth.
When buying ranch property, you can have the area tested for water availability, topographic positions, and depth to make sure that the land supports the growth of plants.
- Size of the land – The size of the land you need for ranching depends on the number of cattle you’d like to raise. Although there is no prescribed land size for the number of cattle you intend to raise, the land should be big enough to avoid congestion, which results in soil erosion.
- Availability of water – Water is essential to growing plants and raising cattle. Beef cattle alone may require up to 30 gallons of water in a single day, with water intake varying based on body size, age, environmental conditions, and stage of production. A ranch with a dependable water source, therefore, is ideal.
- Climate – The climate has a huge impact on cattle and plant growth Avoid drought-prone areas where it is difficult to grow sufficient fodder and pasture for your cattle.
- Environmental conditions – Air pollution and proximity to toxic sites have an effect on your pastures and livestock. The area you choose should also be secure in order to keep thieves and trespassers out.
Buying ranch property
Ranch properties can be found throughout South, West, and Central Texas. The location of your land purchase will depend largely on your unique needs, goals, limitations, and personal preferences. Land prices will vary depending on the size of the property and any improvements that have been made to it.
Ranch properties in Texas have remarkable investment potential, whether you decide to live on the land or re-sell it within a short period of time. Let us, Desert Flower Realty, help you make investment choices. Call us at 361-449-2051 or send an email to DesertFlowerRealty(at)DesertFlowerRealty(dotted)com for more information.
