If you’ve always had cowboy dreams, buying ranch land doesn’t have to be just a Wild West fantasy. In fact, it can be rather practical and beneficial, especially given the Lone Star State’s continuing and rapid development. Here, benefits to acquiring some acreage of your own.
Getaways and developments.
Texans are proud of Texas — deep in the heart and all that — but others are finally in on some of the best-kept secrets. According to the U.S. Census Bureau, Fort Worth, Dallas and San Antonio are the three Texas cities that added the most people between 2015 and 2016. People are coming thanks to booming job markets and bustling lifestyles, making ranches and land near urban centers ever more valuable for development and country escape.
If you own the mineral rights for your land, you get to enjoy your property while having extra income through royalty payments, a portion of the profits from any minerals that are extracted from your land.
Land holdings are an excellent way to grow your wealth and diversify your investments. Purchasing through Briggs Freeman Sotheby’s International Realty ensures expert knowledge and guidance every step of the way.
A ranch or land can provide many opportunities for income, from crops, livestock, quarrying, hospitality, hunting, fishing and even wind farming.
Ranches are gifts that can keep on giving for generations. Not only can you make family memories to cherish for a lifetime, you can also develop your land to cover operation costs and utilize a smart tax shelter for years.
Briggs Freeman Sotheby’s International Realty is a luxury brokerage headquartered in North Texas. Its award-winning agents, serving clients from offices in Dallas, Fort Worth, Southlake, Lakewood, Uptown, The North and The Ballpark, achieved a record-breaking sales volume of $3.2 billion in 2016. Independently owned and operated by president and CEO Robbie Briggs, the firm specializes in the purchase and sale of significant properties, from historic and contemporary to waterfront, ranch and land. Its deep-rooted connections, superior marketing resources and global strategies, as part of the $95 billion Sotheby’s International Realty network, bring the extraordinary to every client.