Rural land ownership in Texas: Is it right for you?

You may have heard the sayings: “Buy land, they aren’t making any more of it,” or “The best investment on Earth is earth.”

People buy property for all sorts of reasons. They may be looking to diversify their assets or start a farm and graze livestock. Maybe they may want a property where they hunt and fish or completely relocate from the city to create a homestead for their family.  

With Texas continuing to grow, rural landownership could be a promising and versatile investment.

Prices for land around Texas vary greatly, and Capital Farm Credit has insight and expertise to help make securing your dream property a reality.

Own your piece of paradise and profit from it!

Owning land can contribute to the greater good of American agriculture. Determine the production opportunities that are best suited for your land, big or small, and engage in growing a product for consumers. There are numerous opportunities for rural landowners to generate income, even if they don’t develop the land. Here are some examples:

• Agritourism
  Pumpkin patches, flower farms, horseback riding, corn mazes and wine-making tours can attract visitors and generate revenue.
• Leasing out your property to others for agriculture
  Leasing land to farmers or ranchers for crops, grazing or hay operations provides steady income. Cows need places to graze – why not on your property? You get the entertainment of watching them roam without the responsibility of raising them.
• Specialty crops
  Unique or higher-dollar crops like berries, lavender or organic vegetables can yield thousands of dollars per acre annually, especially if the land has good soil and easy access to farmers markets and customers.
• Hunting and Recreation Leases
  Landowners can lease property for hunting, fishing or outdoor recreation. Depending on the size of the property, the location and the quantity and types of game available, hunting leases can go from anywhere from a few hundred dollars a year up to several thousand dollars annually.
• Timber and tree farming
  If a property has a lot of trees, such as in East Texas, property owners can sell some of that timber. Or they can add ongoing value to their property by creating orchards and tree farms.
• Beekeeping
  Beekeeping is another income option, with local honey, beeswax and other bee products being very popular with consumers.
  

Other benefits of owning rural land

Beyond profit, rural land ownership offers several long-term advantages, including tax benefits like agriculture and wildlife exemptions, peace that comes from a retreat or freedom from urban congestion, steady appreciation of the land over time and flexibility to use the property as you see fit.

Landownership and a rural lifestyle isn’t for everyone, but it may be right for you!

Contact Capital Farm Credit today to get professional guidance and begin the process of securing the financing you need to begin your own path to prosperity through rural landownership.