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Ranch valuation

3,951 Views | 22 Replies | Last: 4 yr ago by Old RV Ag
ag94whoop
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Does anyone know of someone that can give me a good idea of land values in south Texas( LaSalle county ) ?
I have seen values all over the place from $1500-8000 per acre

I need to get a market value of my ranch down there
Aggieangler93
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Reach out to John Melnar at Grand Land Company. He is one of the best Aggies I know and sells a lot of ranches in South Texas every month.

john@grandlandco.com

dropped you a PM with his phone number.
Class of '93 - proud Dad of a '22 grad and a '26 student!
OneMoonGoon92
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I have a guy out of San Antonio that deals ranches and is really good. Are you buying, selling or just want an appraisal?
OneMoonGoon92
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Melnar was one of my underclassmen. Small world gets smaller all the time
Becca55
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I work for Texas Ranch Sales LLC and would love to help you out!!

We sold over $200 million last year and only specialize in farm and ranches. Check us out at www.Texasranchsalesllc.com

Call or email me anytime

Becca Vizza | Associate at Texas Ranch Sales LLC | rvizza@texasranchsalesllc.com | 210-995-0129
Aggieangler93
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marleyrox said:

Melnar was one of my underclassmen. Small world gets smaller all the time
Yep. I just got back from meeting him for lunch to discuss some CCA stuff. He's the San Gabriel chapter president. Anyway, if I was buying/selling, I would use him every time.
Class of '93 - proud Dad of a '22 grad and a '26 student!
ag94whoop
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marleyrox said:

I have a guy out of San Antonio that deals ranches and is really good. Are you buying, selling or just want an appraisal?


Mainly a budgetary valuation to know value if I want to sell this year due to new tax implications

I own it. 883 acres
DeBoss
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I used Melnar and he was great. Dude just gets it done.
texrover91
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Becca55 said:

I work for Texas Ranch Sales LLC and would love to help you out!!

We sold over $200 million last year and only specialize in farm and ranches. Check us out at www.Texasranchsalesllc.com

Call or email me anytime

Becca Vizza | Associate at Texas Ranch Sales LLC | rvizza@texasranchsalesllc.com | 210-995-0129


highly recommend Texas Ranch Sales - know some good smart people over there that work hard for their clients
Ruple Ranch & Land
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We are from South Texas and very active in south Texas Ranch Sales. We'd be glad to perform a detailed evaluation of your ranch to help you budget.

My cell # is 979 220 4326 Call me any time.

Garrett Ruple
Broker Owner
Ruple Properties
www.SouthTexasRanches.com
Mas89
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Before hiring a realtor, I would suggest getting your own appraisal from a professional appraisal co that works in the area. You will get a great idea after looking over the comps they will show. Should cost 3-5 k but that's a bargain compared to listing too cheap.

My neighbor just sold a ranch that had been in his family a long time and he listed it about 40 percent cheaper than the current market. It was contracted the first week on the market by another neighbor who closed and paid cash within a month.

The guy selling lived out of town and never asked anyone but his realtor what the current market was.
Aggieangler93
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ag94whoop said:

marleyrox said:

I have a guy out of San Antonio that deals ranches and is really good. Are you buying, selling or just want an appraisal?


Mainly a budgetary valuation to know value if I want to sell this year due to new tax implications

I own it. 883 acres
883 Acres sounds awesome to me. If I just had some cash for it. LOL Do you need any help eradicating pigs from it, in the meantime?
Class of '93 - proud Dad of a '22 grad and a '26 student!
ag94whoop
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Aggieangler93 said:

ag94whoop said:

marleyrox said:

I have a guy out of San Antonio that deals ranches and is really good. Are you buying, selling or just want an appraisal?


Mainly a budgetary valuation to know value if I want to sell this year due to new tax implications

I own it. 883 acres
883 Acres sounds awesome to me. If I just had some cash for it. LOL Do you need any help eradicating pigs from it, in the meantime?

Always need help getting rid of pigs. Tons of them
jws87ag
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Depending on if it has minerals included, I'd say $450/ac - who do I make the check out to?
jws87ag
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jws87ag said:

Depending on if it has minerals included, I'd say $450/ac - who do I make the check out to?
Also, live water comes with floodplain so deduct $50/ac - I can wire the $ tomorrow or pay in bitcoin today
daniel00
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I'll give you $10,000 cash tomorrow. No need to get the real estate agents involved. That's just throwing money out the window (I'll have a broker on my side though- no cost to you).
P.H. Dexippus
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Slightly off topic, but it amazes me how many people seem willing to pay top dollar for quiet recreational/residential rural real estate that doesn't convey minerals. Not because of the value of the minerals themselves (which can obviously be significant), but because without the mineral rights, your scenic 80ac homestead could soon have scenic views of pad sites/tanks/pump jacks/traffic. Are buyers not aware or do they not care?
Ragoo
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Mr. AGSPRT04 said:

Slightly off topic, but it amazes me how many people seem willing to pay top dollar for quiet recreational/residential rural real estate that doesn't convey minerals. Not because of the value of the minerals themselves (which can obviously be significant), but because without the mineral rights, your scenic 80ac homestead could soon have scenic views of pad sites/tanks/pump jacks/traffic. Are buyers not aware or do they not care?
you still have to grant surface access.
Old RV Ag
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Ragoo said:

Mr. AGSPRT04 said:

Slightly off topic, but it amazes me how many people seem willing to pay top dollar for quiet recreational/residential rural real estate that doesn't convey minerals. Not because of the value of the minerals themselves (which can obviously be significant), but because without the mineral rights, your scenic 80ac homestead could soon have scenic views of pad sites/tanks/pump jacks/traffic. Are buyers not aware or do they not care?
you still have to grant surface access.
Yes, the surface owner must grant access to the owners of the mineral rights.
P.H. Dexippus
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Which was my point...I assume the prices being commanded are from city folks seeking quiet enjoyment and scenic views, something that's not in their control if they don't own the minerals.
Old RV Ag
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Mr. AGSPRT04 said:

Which was my point...I assume the prices being commanded are from city folks seeking quiet enjoyment and scenic views, something that's not in their control if they don't own the minerals.
I was agreeing with you. The wording by Ragu was such that it seemed to imply that the surface owner had to approve access, meaning they could also deny access. I restated it simply to clarify that no one can block the mineral rights owner from accessing their mineral interests.

Edit: I do lots of ranching and oil/gas/mineral leasing/royalties. I never buy/own any surface without mineral rights. I do own mineral rights but not surface and on occasion I have sold surface rights but have never, ever sold any mineral rights.
P.H. Dexippus
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country
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Old RV Ag said:

Ragoo said:

Mr. AGSPRT04 said:

Slightly off topic, but it amazes me how many people seem willing to pay top dollar for quiet recreational/residential rural real estate that doesn't convey minerals. Not because of the value of the minerals themselves (which can obviously be significant), but because without the mineral rights, your scenic 80ac homestead could soon have scenic views of pad sites/tanks/pump jacks/traffic. Are buyers not aware or do they not care?
you still have to grant surface access.
Yes, the surface owner must grant access to the owners of the mineral rights.

The mineral estate is the dominate estate. The mineral owner has every right to use as much of the surface as necessary to develop. If the surface owner has the executive rights, then they owe a fiduciary duty to the mineral owner to negotiate with operators and they can have more say in the use of the surface, but because of the fiduciary duty the surface still can't stop the development of the minerals even with the executive rights.
Old RV Ag
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country said:

Old RV Ag said:

Ragoo said:

Mr. AGSPRT04 said:

Slightly off topic, but it amazes me how many people seem willing to pay top dollar for quiet recreational/residential rural real estate that doesn't convey minerals. Not because of the value of the minerals themselves (which can obviously be significant), but because without the mineral rights, your scenic 80ac homestead could soon have scenic views of pad sites/tanks/pump jacks/traffic. Are buyers not aware or do they not care?
you still have to grant surface access.
Yes, the surface owner must grant access to the owners of the mineral rights.

The mineral estate is the dominate estate. The mineral owner has every right to use as much of the surface as necessary to develop. If the surface owner has the executive rights, then they owe a fiduciary duty to the mineral owner to negotiate with operators and they can have more say in the use of the surface, but because of the fiduciary duty the surface still can't stop the development of the minerals even with the executive rights.
Great additional information for those not familiar with all the intricacies. Fits in really well with what Mr. AG was saying about people from the city who buy land for their peaceful country time and they never realize what can happen.
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