Properties Archive - Legacy Ag Group | Texas Land and Resource Professionals

Texas Panhandle Ranch

Posted on: September 19th, 2020 by Super Admin

SOUTHEASTERN TEXAS PANHANDLE. 4,500 acres in Hall County, Texas bounded by the Prairie Dog Town Fork of the Red River (locally known as the Big Red) on its north side, and the Little Red River on its south side. The secluded location of this property makes it one of the most suitable ranches of its size for managed hunting anywhere in the Texas Panhandle.

The ranch is fully developed for livestock production with good permanent fencing, water facilities supported by the local rural water supply co-op, working corrals & handling facilities, and roadways throughout. It will support approximately 200 cow/calf units annually, with peaks reaching 250 units. The subsurface water table level is not significantly affected by fluctuations in rainfall. Therefore, grass availability for livestock and wildlife habitat is fairly consistent from year to year and not affected by variations in weather conditions to the extent of most other Panhandle properties.

Overall, the property provides excellent habitat for a diverse array of wildlife including mule deer, white-tailed deer, badger, bobcat, coyote, fox, beaver, Rio Grande wild turkey, bobwhite and blue quail, mourning dove, ducks, and numerous small mammals, reptiles and amphibians. Feral hogs are present and controlled by various legal means. An independent quail survey, conducted in December 2017, indicated an abundance of bobwhite quail.

Many areas of the ranch have a shallow water table, and depressional potholes can be found throughout, providing either fresh or saline surface water. These potholes and associated drainages into the Prairie Dog Town Fork and Little Red rivers provide important habitat for migrating waterfowl and other wetland-dependent wildlife. In addition, the ranch has as extensive water system for livestock which can easily be modified to supplement the natural water for wildlife use.

A site visit to investigate potential for enhancing wildlife on the property was conducted in October 2017. The resulting Management Summary report (available on request) contains information regarding site conditions and recommendations for a potential Wildlife Management Plan. As noted in the subject report, this ranch forms the western end of 4 adjoining ranches that together form a contiguous stretch of wildlife habitat, approaching 13,500 acres all bounded by the aforementioned Big Red river on the north. A cooperative Wildlife Management Plan covering this entire area would likely prove especially beneficial to all of the subject properties.

Central Texas Ranch Land Investment

Posted on: June 15th, 2019 by Super Admin

OVERVIEW
Tract of land between Austin and San Antonio, Texas, located within one of the nation’s fastest-growing populations – according to Forbes, “The Heart of Americas Next Great Metropolis”. Known locally as York Valley Ranch East (YVR East), the Property is open, gently rolling land with varied vegetation & topography and multiple ponds. York Creek meanders through the Property in a northwesterly to southeasterly direction forming the boundary between the San Marcos CISD (Northeast side) and Seguin ISD (Southwest side). A network of typical pasture roads provides interior access.

THE AREA
The Property is located an approximate 40-minute drive from Austin Bergstrom International Airport (ABIA), and no more than one hour from downtown Austin and San Antonio. Under normal driving conditions, ABIA is more accessible from York Valley Ranch than from most of the fast-growing suburbs north and west of Austin.
The Property lies between San Marcos and Seguin, two notable towns in the Central Texas Growth corridor.

San Marcos. Home to Texas State University, San Marcos has a well-educated workforce with an affordable cost of living. The city registered a population of ~62,000 people in 2016. According to the Cost of Living Index 2017 Annual Report, San Marcos is one of the most affordable cities, posting a composite index score of 92.3% (as compared to Austin at 97.7%, and Dallas at 102.1%, for reference). In 2016, approximately 86.4% of the workforce had a high school level of education or higher, and approximately 32.0% of the workforce had attained a bachelors degree or higher.

Seguin. Seguin is known as one of the strongest manufacturing clusters in the region, as it is home to more manufacturing jobs per capita than any other city in Texas. More than 30,000 called Seguin home in 2016, and the city continues to grow as new jobs are added to the region.
Notable employers in the two cities include Amazon Fulfillment, Caterpillar, Continental Automotive Systems, and a variety of educational institutions.

LAND USE & IMPROVEMENTS
The Property includes cultivated land, along with native and improved grass pastures. Barbed wire fencing surrounds the perimeter and divides interior areas into pastures and traps that facilitate efficient crop, grazing and livestock management. A local agriculture producer currently leases the Property for farming and livestock operations.

INVESTMENT POTENTIAL

Prominent Location Frontage on SH 130 in Thriving Central Texas Corridor
Frontage on SH 130 (Toll), a key connector between Austin and San Antonio; SH 130 bypasses heavily-congested IH 35, connecting IH 35 north of Georgetown to IH 10 near Seguin; Less than one hour from downtown Austin and San Antonio; Approximately 40 minutes from Austin-Bergstrom International Airport; Within 15 minutes of IH 35 (links Canada and Mexico), IH 10 (links the Pacific and Atlantic Oceans), San Marcos and its outlet mall & University, historic New Braunfels, and Seguin; Approximately equidistant from the IH 35/SH 123 Interchange (San Marcos) and the IH 10/SH 130 Interchange east of Seguin; Within both the San Marcos CISD and Sequin ISD.

Minimal Restrictions
The Property is not located within any city limits or Extra Territorial Jurisdictions (ETJs) and is not subject to deed restrictions. It can be used for any legal purpose within Guadalupe County, subject to applicable Guadalupe County rules and regulations. A future developer may realize significant savings developing this Property as compared to other development projects that are located within city limits, ETJs, or otherwise subject to deed restrictions.

Ag-Exempt Property with Current Tax Benefits
The Property’s current agricultural lease qualifies it for an agricultural-use exemption, which sets its value for property tax purposes at a fraction of the actual market value. The agricultural-use exemption in 2017 resulted in a ~92% reduction in annual property taxes. An investor can capitalize on current revenue from the lease and reduced agricultural use-based property taxes, while also receiving the upside potential of future redevelopment in this prime location.

Municipal Utility District
The Property has been prepared to take advantage of coming growth by establishment of the York Valley Municipal Utility District (York Valley MUD) – so a future investor can convert the Property’s current agricultural use to another use if desired.
York Valley MUD was created in 2007 by the Texas Legislature (Senate Bill No 1982). York Valley MUD has authority to: 1) impose taxes and issue tax-exempt bonds to pay for water, wastewater and drainage improvements, 2) utilize the power of eminent domain, 3) impose taxes and issue tax-exempt bonds to pay for roads, and 4) divide itself into two or more new districts. All of the Property lies within the boundaries of York Valley MUD.

LEGAL DESCRIPTION
653.086-Acre Tract of Land (more or less) located in Guadalupe County, Texas, described in Guadalupe County Appraisal District (“GCAD”) records as Parcel IDs 60377, 61426, 71753, 133855, 137093, 137094, 137096, 137098]

Central Texas Development Property

Posted on: August 13th, 2018 by Super Admin

OVERVIEW: Tract of land between Austin and San Antonio, Texas, located within one of the nation’s fastest-growing populations – according to Forbes, “The Heart of Americas Next Great Metropolis”.
Known locally as York Valley Ranch (YVR), the Property is open, gently rolling land with varied vegetation & topography, several lakes, and multiple ponds fed by York Creek and natural springs. York Creek meanders through the Property in a northwesterly to southeasterly direction forming the boundary between the San Marcos CISD (Northeast side) and Seguin ISD (Southwest side). A network of all-weather gravel roads and typical pasture roads provides interior access.

THE AREA: The Property is located an approximate 40-minute drive from Austin Bergstrom International Airport (ABIA), and no more than one hour from downtown Austin and San Antonio. Under normal driving conditions, ABIA is more accessible from York Valley Ranch than from most of the fast-growing suburbs north and west of Austin.
The Property lies between San Marcos and Seguin, two notable towns in the Central Texas Growth corridor.
* San Marcos. Home to Texas State University, San Marcos has a well-educated workforce with an affordable cost of living. The city registered a population of ~62,000 people in 2016. According to the Cost of Living Index 2017 Annual Report, San Marcos is one of the most affordable cities, posting a composite index score of 92.3% (as compared to Austin at 97.7%, and Dallas at 102.1%, for reference). In 2016, approximately 86.4% of the workforce had a high school level of education or higher, and approximately 32.0% of the workforce had attained a bachelors degree or higher.
* Seguin. Seguin is known as one of the strongest manufacturing clusters in the region, as it is home to more manufacturing jobs per capita than any other city in Texas. More than 30,000 called Seguin home in 2016, and the city continues to grow as new jobs are added to the region.
Notable employers in the two cities include Amazon Fulfillment, Caterpillar, Continental Automotive Systems, and a variety of educational institutions.

IMPROVEMENTS: The Property is set up for handling and managing livestock. Facilities include two sets of steel corrals with loading/unloading chutes and a covered processing area with hydraulic chute. Barbed wire fencing surrounds the perimeter and divides interior areas into pastures and traps that facilitate efficient crop, grazing and livestock management. Other Improvements include barns, grain silos, an implement and hay shed, a tool shed, a loafing shed, and a loading ramp.

INVESTMENT POTENTIAL
* Prominent Location Straddling SH 130 in Thriving Central Texas Corridor
Frontage on both sides of SH 130 (Toll), a key connector between Austin and San Antonio; SH 130 bypasses heavily-congested IH 35, connecting IH 35 north of Georgetown to IH 10 near Seguin; Less than one hour from downtown Austin and San Antonio; Approximately 40 minutes from Austin-Bergstrom International Airport; Within 15 minutes of IH 35 (links Canada and Mexico), IH 10 (links the Pacific and Atlantic Oceans), San Marcos and its outlet mall & University, historic New Braunfels, and Seguin; Approximately equidistant from the IH 35/SH 123 Interchange (San Marcos) and the IH 10/SH 130 Interchange east of Seguin; Within both the San Marcos CISD and Sequin ISD

* Municipal Utility District
The Property has been prepared to take advantage of coming growth by establishment of the York Valley Municipal Utility District (York Valley MUD) – so a future investor can convert the Property’s current agricultural use to another use if desired.
York Valley MUD was created in 2007 by the Texas Legislature (Senate Bill No 1982). York Valley MUD has authority to: 1) impose taxes and issue tax-exempt bonds to pay for water, wastewater and drainage improvements, 2) utilize the power of eminent domain, 3) impose taxes and issue tax-exempt bonds to pay for roads, and 4) divide itself into two or more new districts. All of the Property lies within the boundaries of York Valley MUD.

* Minimal Restrictions
The Property is not located within any city limits or Extra Territorial Jurisdictions (ETJs) and is not subject to deed restrictions. It can be used for any legal purpose within Guadalupe County, subject to applicable Guadalupe County rules and regulations. A future developer may realize significant savings developing this Property as compared to other development projects that are located within city limits, ETJs, or otherwise subject to deed restrictions.

* Ag-Exempt Property with Current Tax Benefits
The Property’s current agricultural lease qualifies it for an agricultural-use exemption, which sets its value for property tax purposes at a fraction of the actual market value. The agricultural-use exemption in 2017 resulted in a ~92% reduction in annual property taxes. An investor can capitalize on current revenue from the lease and reduced agricultural use-based property taxes, while also receiving the upside potential of future redevelopment in this prime location.

TEXAS PANHANDLE FARMLAND

Posted on: January 13th, 2018 by Super Admin

60 Acres Farmland alongside CR 28

Owned by the same family for more than 50 years, this tract of land has been continuously operated in the USDA farm programs. It can be a solid addition to an existing farming / grazing operation or possibly enrolled in the CRP program and serve as an agriculture investment that generates consistent income.

Located approximately 1.4 miles south of Quitaque, Texas, the property is bounded by CR 28 on the east side. It may also be a candidate for establishing a residence and related out-buildings on — thereby providing a country living setting.

West Boulder River, McLeod Montana

Posted on: December 11th, 2017 by Super Admin

OFFERED FOR SALE IN PARTNERSHIP WITH FAY RANCHES.

The Burnt Leather Ranch has historically been comprised of several parts that worked together to form a well-balanced and recreationally diverse ranch. We are privileged to offer for sale what is referred to by the owner as the Old Steen Place. The Steen Place portion of the ranch includes the headquarters of the Burnt Leather Ranch as well as its most valuable recreational resources. This is the portion for which the Burnt Leather is famous, primarily because of the over 2 miles of both sides of the West Boulder River which flows through the ranch providing one of the most scenic and prolific stretches of water on which to catch trout in the lower 48 states. This is arguably the most coveted ranch in the most desirable neighborhood for recreational ranches in Montana.

The West Boulder River Valley, and the surrounding northern slopes of the Absaroka/Beartooth Wilderness in south central Montana, has long been known for its stunning beauty, crystal clear trout streams and limitless wild country to explore on foot or horseback. Laced with vibrant aspen groves and evergreen-covered slopes, the trout-rich West Boulder River busily searches its way through open parks of wild flowers, under the shadow of jagged, snow-capped peaks. Burnt Leather Ranch is what you see when you dream of your Montana ranch.