Here are some things you should know about ranch real estate in Texas.
Today I’m excited to talk about a subject I love: ranch real estate.
First, I want to discuss how it can be used as a hedge against inflation. Inflation is a sustained increase in the prices of services and goods over time. On the real estate side, the increase in a home’s value over time is called appreciation.
As a homeowner, you can use that appreciation to hedge against inflation. If you’re buying a home today, the price is fixed, so you’re hedging against future inflation. Although inflation always rises over time, so does appreciation. However, the value that you paid for the ranch does not change. All real estate is a way to hedge against inflation.
Second, you might be wondering, “What exactly is a ranch?” Here in Texas, a ranch can be on 50 acres or several thousand and can be used for whatever your interests are, whether it’s hunting, fishing, or swimming.
“Make sure you team with a great ranch real estate broker.”
If you’re not into any of that, ranches are also great places to bring your bikes, ATVs, and your family. You can find ranches with small homes or 10,000-square-foot lodges. Depending on what your lifestyle is like, you can even have an airstrip on your ranch.
One of the great things about buying a ranch in Texas is our agricultural and wildlife tax exemptions. Your ranch may fall under one of those depending on how you use it. If it does, your taxes are almost zero, which is a beautiful sight to see. It keeps your carrying costs at a minimum, and it’s also a good way to grow wealth for future generations. Texas real estate on the ranch side has not dipped in years, and it isn’t predicted to do so for years to come.
However, if you want to buy a ranch, you should seek out an agent with experience buying and selling ranch properties. There are little details to pay attention to, like water rights, easements, surveys, boundaries, and more. If your agent isn’t experienced in this kind of transaction, it could come back to bite you. Make sure you team yourself up with a great ranch real estate broker like us.
If you have any questions about buying a ranch or anything else related to real estate, don’t hesitate to reach out via phone or email. We look forward to hearing from you soon.