Dad asked me to get some info and a fair price per acre to lease a piece of property for hunting. We have never leased and not really sure where to start. I'm peripherally aware of the need for a contract and umbrella insurance policy, but help me out with a fair asking price and what to be aware of from a landowners' perspective.
Property is ~300 acres in Coleman county. 20 mins from Coleman, on a good / well maintained caliche road. It's divided into an 80 acre pasture that has been in the family since late 1800's and a 220 pasture across the road. The 80 acres has a metal barn that could be used for shared storage. It also has a really cool mountain (hill) that has great brush coverage and an an awesome view from the top. Hunted deer a bunch sitting under a tree at the top of the mountain when I was a kid.
There is electric and county water on one side, county water on the other. It's mesquite, pear, and native pasture w a 30 acre stand of bedall. Low fence of course. Would be willing to lease to the right family or group for deer, hog, dove, turkey, quail (not many around this part of the county). There are several stock tanks through the property but most are dry right now on account of the drought. At one time there was decent panfish catfish and bass fishing in one of them. It has not been hunted in 10-15 years although the neighbors I'm sure hunt their properties to some extent.
Hopefully that gives enough details to get the advice of the all knowing OB. Thanks in advance.
Property is ~300 acres in Coleman county. 20 mins from Coleman, on a good / well maintained caliche road. It's divided into an 80 acre pasture that has been in the family since late 1800's and a 220 pasture across the road. The 80 acres has a metal barn that could be used for shared storage. It also has a really cool mountain (hill) that has great brush coverage and an an awesome view from the top. Hunted deer a bunch sitting under a tree at the top of the mountain when I was a kid.
There is electric and county water on one side, county water on the other. It's mesquite, pear, and native pasture w a 30 acre stand of bedall. Low fence of course. Would be willing to lease to the right family or group for deer, hog, dove, turkey, quail (not many around this part of the county). There are several stock tanks through the property but most are dry right now on account of the drought. At one time there was decent panfish catfish and bass fishing in one of them. It has not been hunted in 10-15 years although the neighbors I'm sure hunt their properties to some extent.
Hopefully that gives enough details to get the advice of the all knowing OB. Thanks in advance.