Real Estate Annual 2024

Page 1

Real Estate 2024 texas MAKE YOUR CAST HERE Call for Offers on Sugaree Ranch PAGE 8 ADVERTISING SECTION

Borden County Ranch

2,560± acres | $7,200,000 | Gail, Texas

An exceptional “turnkey” recreational property with magnificent accommodations, surface water amenities that are unmatched in the area and a portion of the property is game fenced for trophy whitetail deer and exotics.

The featured improvement of the property is the ten bedroom ranch lodge which includes a nearly 5,000± sq. ft. indoor recreation and party room. The area is known for producing quality whitetail deer as well as good quail and dove hunting.

The numerous earthen tanks offer excellent waterfowl and migratory bird hunting opportunities. $2,810 per acre.

Solo Uno Mas Ranch

2,160± acres | $9,500,000 | Zavala County, Texas

An outstanding hunting ranch with a wide variety of native wildlife and a brand-new lodge. The lodge has over 5,300 sq. ft. under the roof with 2,594 sq. ft. of living space. The 4-bedroom, 3-bath lodge offers an open floor plan with a one-of-a-kind kitchen, a huge fireplace, covered porches, and an attached garage with 3 overhead doors. The property is very well watered with 8 earthen tanks, 5 concrete troughs, and a water well. The ranch is considered one of the best whitetail deer hunting ranches in the area. There ranch offers excellent opportunities for hunting dove, quail, and turkey as well as an abundance of ducks, geese, and sandhill cranes. $4,398 per acre.

Burdett River Ranch

1,805± acres | $4,783,250 | Cottle County, Texas

A highly improved hunting ranch with neighbors, spring fed ponds, live river frontage and a very attractive lodge, which overlooks the South Pease River Valley. This property includes deer blinds, feeders, fenced food plots, a lodge, rural water, and electricity. The ranch is considered to be very well-watered with rural water, surface water, river water, and numerous springs. There are 9 ponds on the property, with 2 being spring fed and stocked with fish. Other water sources include numerous springs and live water in the South Pease River. The hunting and fishing on the ranch is some of the best in this portion of Northwest Texas. $2,650 per acre.

Fortress Cliff Ranch UNDER CONTRACT!

2,014± acres | $9,750,000 | Armstrong and Randall Counties, Texas

A beautiful ranch that adjoins the Palo Duro Canyon State Park for over five miles along the northern rim. The property is fenced and cross fenced into two main pastures, the largest of which is roughly 1,575 acres. Around 395 acres have been high game fenced. The impressive five-bedroom main house was constructed in the 1940s and has been added onto over the years. Nearby is the ranch lodge which contains four bedrooms, a large kitchen, a massive rock fireplace, and plenty of space to cook for many guests. Hunting opportunities on the ranch are outstanding with impressive whitetail and trophy mule deer, as well as massive aoudad. $4,841 per acre.

Ritter Creek Ranch

1,940.06± acres | $5,900,000 | Childress County, Texas

The Ritter Creek Ranch is a beautiful and well located property, offering exceptional hunting and recreation opportunities. The property boasts a beautiful owner’s home, guest quarters, bunkhouse and several livestock barns, sheds, and two large shop buildings. The ranch is fenced and cross-fenced into seven or eight pastures and traps. Topography is diverse, with scenic and rugged breaks giving way to level and productive flats with good grass cover. This portion of the Texas Panhandle has a reputation for big whitetail deer and trophy genetics. Turkey flourish along the creek and quail and dove are common. $3,041 per acre.

Pillar Bluff Creek 255 Acre Ranch

255± acres | $4,400,000 | Burnet County, Texas

A great livestock, hunting, and investment opportunity that features a diverse terrain and unique water features. The historic Pillar Bluff is located on the ranch as well as several other unique and attractive rock formations along Pillar Bluff Creek, including Owl Bluff. Pillar Bluff Creek meanders through the ranch for approximately 1.2 miles. $17,255 per acre.

2 | REAL ESTATE ANNUAL 2024 Lone Star Outdoor News
chassmiddleton.com | 806.763.5331 • Texas | New Mexico | Oklahoma | Colorado | Kansas

FROM WORK TO PLAY

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2 1 1 4 U S - 8 4 G O L D T H W A I T E , T X 7 6 8 4 4 ( 8 5 5 ) 6 4 8 - 3 3 4 1
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Our team of highly trained professionals can help keep your hunting lodge or home beautiful with our services specifically catered to your needs.
Maintain Your Lodge or Home We Get it Cleaned Right Joshua Creek Ranch BLUE GOOSE RIVER RANCH FOARD & KNOX CO., TEXAS 7,750± AC & HOME BOULDER T RANCH YOUNG CO., TEXAS 100± AC, LODGE, & EXOTICS CARPENTER RANCH THROCKMORTON CO., TEXAS 373± AC BISON BLUFF RANCH EASTLAND CO., TEXAS 342± AC & HOME TITOPA FARM STEPHENS CO., TEXAS 311± AC & HOME RUSTLING OAKS RANCH STEPHENS CO., TEXAS 155± AC CYPERT PLACE THROCKMORTON CO., TEXAS 188± AC SWAY VALLEY RANCH YOUNG CO., TEXAS 321± AC LISTINGS FROM ACTIVE LISTINGS TRAVEL TIME WEST OF DFW Advertisers AGTRUST FARM CREDIT 5 ALADDIN CLEANING & RESTORATION 4 CAMPBELL FARM & RANCH 4 CHAS S. MIDDLETON AND SONS 2 HECKLER & KOCH 11 HOFFPAUIR 3 HYO SILVER 5 ICON GLOBAL 6-7 MCCULLEY REAL ESTATE 10 MOSSY OAK PROPERTIES OF TEXAS 10 SIBERIAN COOLERS 10 SOUTHWEST RANCH & FARM SALES 9 TEXAS SPORTING PROPERTIES 5 TRINITY RANCH LAND 9 TT RANCH GROUP 12 Lone Star Outdoor News, ISSN 2162-8300, a publication of Lone Star Outdoor News, LLC, publishes twice a month. A mailed subscription is $35 for 24 issues. Newsstand copies are $3, in certain markets copies are free, one per person. Copyright 2024 with all rights reserved. Reproduction and/or use of any photographic or written material without written permission by the publisher is prohibited. Subscribers may send address changes to: Lone Star Outdoor News, P.O. Box 551695, Dallas, TX 75355 or email them to news@lonestaroutdoornews.com. Real Estate 2024 texas About the Cover: A prime East Texas ranch is available, with a Call for Offers deadline of June 3. See story on page 8.

The ultimate getaway

After more than 50 years in the family, the well-kept “Grandma’s House,” and the surrounding 52+/– acres southeast of Coleman are for sale. For a variety of reasons, the family is moving into town while still maintaining impeccable upkeep to the 3-bedroom, 2-bath ranch style home.

Gone now are many of the trinkets, quilts and figurines, but what remains are the wonderful stand of majestic oak trees and panoramic views of Santa Anna Mountain.

The surrounding acres are alive with all sorts of wildlife. Photos taken from the back picture window depict regular visits from deer, turkey and even quail. Once leased for hunting, the property was a proven producer of wild game.

Two large barns with concrete floors, electrical and water adjoin sturdy holding pens and chutes. An old brick well and a magnificent oak tree are by the house, which is located on a lazy Farm to Market road that leads into a private drive.

It is said that even the largest of ranchers spend a good deal of their time on about 50 of their acres. This particular property, with its sloping and varied topography and stock tanks for cattle, is perfect for wildlife viewing, hunting, or just to set a spell and watch the world go by. It’s a wonderful opportunity with plenty of space to create your dreams of an indoor/outdoor kitchen, media room or marvelous game. It’s like a full and beautiful painting on a smaller canvas.

Don’t miss out on this one. Priced at $825,000.

TEXAS SPORTING PROPERTIES, TOM STEPHENSON, BROKER

☎ (214) 207-8871

✉ TOM@TXSPORTINGPROPERTIES.COM

Financing for:

| 5 REAL ESTATE ANNUAL 2024 Lone Star Outdoor News
Ranch and Recreational Real Estate
Farm Operations
Construction
Equipment
Agribusiness Capital
Rural Homes
New Generation Loans PROVIDING FINANCIAL SOLUTIONS FOR RURAL TEXAS www.AgTrustACA.com 800-530-1252 VISIT OUR HISTORIC SHOWROOM! 315 11TH STREET, BANDERA, TX 78003 WESTERN JEWELRY • TURQUIOSE • CUSTOM BUCKLES GIFTS & MORE!
TXSPORTINGPROPERTIES.COM

MAY RANCH OPEN HOUSE EVENT

BUYERS & BROKERS

RSVP for Pre-scheduled - Private Tours

5R RANCH

Red River Recreational Ranch Retreat

$24.9 MILLION

TWO PARCELS

SUB-DIVISION & SEPARATE SALE POSSIBLE

1.5 HRS FROM DALLAS

2,300± acres | Cooke County, Texas

INCREDIBLE VIEWS & ELEVATION ABUNDANT WILDLIFE | NATURE

SOPHISTICATED AMENITIES

TRANQUILITY | SECURITY

HUNTING | RECREATION PRIVATE SANDY RIVER BEACHES

FAMILY RETREAT

SPORTSMAN’S PARADISE

6 | REAL ESTATE ANNUAL 2024 Lone Star Outdoor News RANCH • COMMERCIAL • UNIQUE RESIDENTIAL • APPRAISAL • INDEPENDENTLY LICENSED & INTERNATIONALLY CONNECTED FULL SERVICE BROKERAGE FIRM •
MAY 3 - 5 FRI, SAT, SUN

MAY RANCH OPEN HOUSE EVENT BUYERS & BROKERS

RSVP for Pre-scheduled - Private Tours

THREE NAILS RANCH

$18.9 MILLION

1.5 HRS FROM FORT WORTH

2.5 HRS FROM DALLAS

2,700± acres | Eastland County | Cisco, Texas

THREE NAILS IS JUST 10 MIN FROM GREGORY SIMMONS MEMORIAL AIRPORT

The Gateway To West Texas

PREMIER HUNTING, HORSE, & CATTLE RANCH

FIRST CLASS HORSE, CATTLE, HUNTING FACILITIES

INCREDIBLE VIEWS & ELEVATION ABUNDANT WILDLIFE | NATURE

LUXURY HILLTOP RANCH COMPOUND

FAMILY RETREAT

SPORTSMAN’S & EQUESTRIAN’S PARADISE

| 7 REAL ESTATE ANNUAL 2024 Lone Star Outdoor News INFO@ICON.GLOBAL | 214.855.4000 | WWW.ICON.GLOBAL
MAY 10 - 12 FRI, SAT, SUN

MAKE YOUR CAST HERE

Call for Offers on Sugaree Ranch

Imagine owning two large, spring-fed, constant level 20- and 30-acre stocked and managed lakes teeming with largemouth bass. More than 70,000 pine trees lining the borders of the 1,300-acre property. Trails for exploring the ranch, whether by horse, utility vehicle, bike or on foot. The renowned Coon Creek flows through the property. Add great hunting for waterfowl, white-tailed deer and hogs, and two gin-clear, limestone-filtered ponds for swimming and clear-water fishing.

“The lakes are stocked with Florida largemouth bass, coppernose bluegill and fathead minnows — it’s an incredible fishery,” said listing agent Icon Global.

Sound perfect? All of this is available just an hour southeast of Dallas/Fort Worth, near Athens off Hwy 175 and Loop 7.

And there’s more.

The ranch includes exclusive and private easement access to Athens Municipal Airport, with three industrial/hanger lots slated for airport extension also included. This access is like no other and provides the ability for family, friends and guests to arrive or depart a stay via private plane without having to ever leave the ranch. Just arrive or depart via your Polaris.

The ranch is a blank canvas for the creative buyer.

“Sugaree is an incredible ranch opportunity and in my opinion an astute real estate investment,” said Bernard Uechtritz of Icon Global. “Far and away, Sugaree affords a best-in-class opportunity in East Texas of size, access, diversity, water assets, and more. As a singularly owned generational recreational property, or as a subdivision development and short- or long-term profitability play, Sugaree Ranch offers multiple ownership and exit options.”

Uechtritz noted the two lakes, situated close to each other, could be made into one 50-acre body of water with an awesome homesite looking overhead, making the ideal private retreat, commercial operation or investment.

Sugaree also features fertile pastures, rolling terrain, woodlands and water in the form of creeks, springs and lakes, along with an existing 4,000 square-foot fishing cabin which sits on the edge of a private lagoon.

The 1-minute video on Icon Global’s website is definitely worth a view, and will make you want to schedule a visit right away.

For those interested, time is of the essence. Icon Global announced an immediate Call for Offers with all offers due on or before June 3.

“This is a call to action, with a line in the sand approximately 45 days from now,” Uechtritz said.

Icon Global will be providing private tours by pre-qualified request, and will host several 3-day weekend open house events with pre-registration RSVP throughout the month of May.

“Sugaree Ranch is one of the best ranch investment opportunities that I have represented in East Texas,” Uechtritz said. “It is an outstanding piece of real estate.”

ICON GLOBAL

☎ (214) 855-4000 ICONGLOBAL.COM

8

NAVIGATING INTEREST RATES IN RANCH SALES

Has the recent increase in interest rates made you question whether to buy or sell a ranch?

Maybe it shouldn’t, at least not so much.

“Rates have been a hot topic of discussion with both buyers and sellers,” said Tyler Thomas, founder of TT Ranch Group. “Rates shot up pretty quickly, but they seem to have leveled out and are creeping back down. I expect them to slowly continue downward.”

Thomas said rural real estate activity has picked back up.

“We’ve gotten really busy, it’s probably a combination of the spring market, greenup and the fact that rates have normalized — people want stability.”

Thomas said both sellers and buyers are getting more creative as well.

“Some Ag banks have approved assuming existing notes if the buyer meets certain thresholds,” he said. “Other sellers are willing to do short-term seller financing, which beats the current market rates and is more comparable with money market rates. It buys a few years for the buyers if and when rates go down.”

Farm Credit cooperatives typically share earnings with borrowers, who are co-owners.

At AgTrust Farm Credit, a customer-owned financing cooperative headquartered in Fort Worth, earnings shared with customers meant a 1.33-percent average reduction of the effective interest rate paid in 2023.

Credit Office President Gerrit Schouten said in addition to AgTrust’s loans being assumable, they also offer interest rate conversions.

“If the interest rates go down, it’s a cheap and efficient alternative without all of the closing costs of a refinance,” he said.

Thomas said there are a few other factors to consider, especially the annual appreciation of the property’s value.

“Land is still moving up, a lot at 10-plus percent per year,” he said. “Buying still projects to outperform the interest rate.”

While groups of investors buying land for future development has dipped, the more typical generational buy-and-hold of a family ranch has not, Thomas said.

“Prices are holding steady,” he said. “I think we will still have peaks, but the valleys are more like plateaus. There is the same amount of land, even less so with development, but millions more people. There’s still a lot of pent-up demand.”

| 9 REAL ESTATE ANNUAL 2024 Lone Star Outdoor News Jim Long Scott Johnston (972) 679-7070 (405) 249-8241 3627 ± Acres Craft Ranch 2400 Acs. under High Fence Hunting, Farming, Cattle Ranch Duncan, OK $15,800,000 463 ± Acres Morrison Ranch Hunting, Recreation Ranch Greasy, OK $1,265,000

FIND YOUR BUYER WITH MOSSY OAK PROPERTIES’ WORLDWIDE MARKETING

Less than two hours from any part of the DFW Metroplex lies the beautiful, varied lands of North Central Texas and South Central Oklahoma. The Red River Valley, The Blackland Prairie, The Cross Timbers and The Post Oak Savannah regions all come together in Cooke, Denton, Wise, Grayson, Collin and Montague counties of North Texas.

Cooke County is easily accessed via Interstate 35, US 82, and FM 51 and is well-known for world-class white-tailed deer, with native, free-range bucks over 200 inches being taken annually. Grayson County, access via US 82, Interstate 75, and US 289 (Preston Road) is also known for world-class archery-only bucks, as well as Lake Texoma. Montague County, accessed by US 82 or US 287, is home to the “North Texas Hill Country” with wineries, beautiful views and heavy oak timber. Denton, Wise and Collin are among the fastest-growing counties in the nation and are prime for investment.

We specialize in rural properties in this area, and whether it is recreational land, farmland, ranch land, homes on acreage, investment land or hunting land, we are THE choice for all things rural. You wouldn’t go to a dentist for a broken leg, so why go to a residential brokerage for your rural property needs? Real estate transactions outside of a city are altogether different from those lot and block homes in town, and we know the ins and outs of getting it done right.

Mossy Oak is the most recognized and trusted brand in the outdoor industry. Owner Toxey Haas started the real estate brokerage arm of the company in 2008, and has quickly become a top rural land brokerage in the nation. Our worldwide marketing gets your property in front of the right buyers, not just those buyers that live near you. Our tools, experience and knowledge allow us to find you the right property that meets your wants and needs, too.

Our team has the dedication, moral values and experience to guide you through even the most convoluted transactions. Jared Groce, owner and leader of the office, has been in the rural real estate brokerage business for 17 years and is among the top three land agents in the area every year. Prudy Bayer has 20 years experience in the industry and has a vast knowledge of the area and the people who own the land and have the money to buy land. Mike Morris joined our team nine years ago after a 32-year career in law enforcement in North Texas and is known for his knowledge on getting land bought or sold.

We are the top land broker in the area for homes on acreage, land, farm & ranch. If you are buying or selling rural property in North Texas or Southern Oklahoma, call on Mossy Oak Properties of Texas - Cross Timbers Land & Home, where we always remind you to #getsomedirtonyourhands.”

MOSSY OAK PROPERTIES OF TEXASCROSS TIMBERS LAND & HOME

☎ (940) 600-1313

MOSSYOAKPROPERTIES.COM

10 | REAL ESTATE ANNUAL 2024 Lone Star Outdoor News 844-782-COLD (2653)

Even after you upgrade to a new HK VP9, with its best-in-class trigger pull and ergonomic, customizable grip, you’re not quite done yet. You still need a couple of important accessories. And we’re not talking about holsters, lights and optics either. Training and Practice – They are two different things and we all need more of both. Look into it … and go do the work!

| 11 REAL ESTATE ANNUAL 2024 Lone Star Outdoor News www.hk-usa.com • 706-701-5554
UPGRADE YOUR EQUIPMENT AND YOUR
SKILLS

Founded on the principles of treating each client as a top priority and each property as if it were our own, we are rm believers in handling individuals and business with complete honesty and integrity. The farm and ranch space consists of a network of specialized brokers and agents. TT Ranch Group is proud of its established and ongoing working relationships with these brokers and agents throughout the industry, which in turn create added value for our sellers and buyers in a variety of ways.

TT Ranch Group further distinguishes itself through an unparalleled marketing and advertising presence. We utilize all the traditional mediums while also employing a plethora of out of the box and creative methods to gain maximum exposure for our properties. Furthermore, we are backed by the world's most powerful and prestigious realty brand.

Sotheby's International Realty had a total of $143 billion in sales during 2023 and combines the industry's best technology, marketing, and network with our innovative approach and expertise within the ranch real estate market. Together we create a targeted campaign with a true global reach to 84 di erent countries and 26,500 agents for our clients.

COLORADO RIVER RANCH

SECO CREEK EXOTIC RANCH

BEAR MOUNTAIN RANCH HICKORY CREEK RANCH

QUAIL RISE RANCH

STONE CREEK RANCH

$60,000,000 $23,735,456
3,266 +/- ACRES, BAYLOR COUNTY, TX $13,800,000
$12,500,000
$8,521,950 $7,750,000
2,000 +/- ACRES, LATIMER COUNTY, OKLAHOMA 1,136.26+/- ACRES, ROBERSTON COUNTY, TX
COMING SOON
-Tyler Thomas, Founder of TT Ranch Group
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