Issuu

COORDINATES

LAND

FALL 2021 ON THE COVER COVENANT RANCH PRESENTED BY WEST AND SWOPE RANCHES

R E P O R T

F E A T U R E D

E X P L O R E

TEXAS LAND MARKET REPORT

CURRENT LISTINGS A N D R E C E N T LY S O L D

LOCAL FARMERS MARKET

Current Ranch Market Research for 2021

S e e Te x a s L a n d L i s t i n g s Across the State

Hill Country Up and Coming Companies

diamondaupair.com

Issue 1

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Report Texas Land Market Report | 4 & 5 Common 1031 Misconceptions |28 - 31

16. Explore Local Farmers Market | 10 & 11 A Brighter Year for Texas Sportsman | 16 Agent Spotlights | 35 & 37 Follow us On | 40

12.

23.

COORDINATES | PAGE 1

A Lettter From The Partners

pursuits, and provide expert opinions and advice on buying or selling land and ranch properties. Having an in-house photographer allows us to feature stunning photography that we truly feel highlights our exclusive listings and paints a vivid picture of these properties, so you feel like you are on the ranch. Our goal when creating this magazine was to create a publication that belongs on your coffee table because of the amazing photography, but also has enough articles and reader content that you want to pick it up and take it with you when you have time to sit down and enjoy some good leisure reading.

hat a year it has been so far. This has been a remarkable growth year for West and Swope Ranches. What started out as just the two of us in 2018 has turned into an amazing team that is continuing to grow. We wouldn’t be here without the support from our families, our community, and our loyal clients. We dedicate this magazine to them. West and Swope’s elite listings are a direct result of our strong relationships and dedication to customer service. We are both excited to present to you this first edition of our magazine, Coordinates- which is dedicated to showing off our premier land listings and our incredible agents that represent buyers and sellers across Texas. We also wanted to bring knowledge and awareness to the current market, ranch life, hunting

Coordinates | Page 2

This issue is sure to do just that, as it features the current crazes in apparel, hunting, and entertaining on the ranch. You will also find information on current listings, breathtaking properties, as well as ranches that have been recently sold. We are proud and excited to share with you relevant content for the Texas Ranch real estate industry. Here in the office, our team is working diligently to ensure that West and Swope Ranches is the best choice when it comes to choosing a Land and Ranch Brokerage in Texas. We are already working on our next publication which will be published in the Spring of 2022. We hope you enjoy Coordinates as much as we have enjoyed creating it. And as always, if you ever need assistance when it comes to buying or selling your land and ranch property, please give us a call.

Sincerely,

Texas Land Markets continue to thrive, despite the aftermath of the Covid-produced lockdowns and economic uncertainty that plagued us at the beginning of 2020. The third and fourth quarter of 2020 took many by surprise as land sales continued to see an overwhelming growth that led to a demand trend, resulting in low inventory across the state of Texas. The booming sales in land that we saw at the end of 2020 was really just a prelude for the overwhelming growth we have seen in 2021. In the first quarter of 2021, sales of large acre properties grew 37% statewide compared to the previous year. This first quarter activity exceeded the record levels that were seen in the third and fourth quarter of 2020. The second quarter of 2021 is continuing the record-level craze, as sales of large acre properties went up by 43.8% over the same quarter last year. With the demand trend and a statewide shortage of invento-

ry, we have also seen a price increase on Texas land. Charles Gilliland is a research economist for the Real Estate Center at Texas A&M and States, “This vigorous demand has sent the statewide price 9.5% higher than 2020 prices to a record high at $3,251 per acre. The unprecedented sales volume confirms reports of buyers flocking to rural environments during these uncertain times.” For South Texas, in the first quarter of 2021, the Texas rural land industry posted a 0.13% growth rate when compared to the first quarter of 2020. Even with a slight growth in South Texas, the industry posted a record annualized total dollar volume of $1.99 billion, which is up more than 38%. In the second quarter of 2021, South Texas saw a huge growth of 10.32% compared to the second quarter of 2020. The average price per acre in the region is at a record high of $4,287 per acre.

$5000

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Some say the Covid pandemic raised concerns when the entire country was in lockdown and has prompted a growing number of individuals to seek out a place to live that is outside of the city. With Texas land being 95% privately owned, it makes sense that people are retreating to our state to find large rural acreage for a more relaxed style of living, where one does not have to worry about social distancing, or a large population of people gathered in one place. “These developments mark one of the most active times in the history of Texas land markets as urban-based buyers seek out rural retreats,” said Gilliland. Currently, it is predicted that we will continue to see record growth in land and ranch sales in the third and fourth quarter of 2021. Whether this trend will continue after 2021 is yet to be determined. However, for land and ranch owners, we are hopeful that the rise in land prices is only just the beginning.

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Winsbrook Ranch

RANCH

Boerne is an area that is continuing to grow rapidly, and large tracts this close to downtown are becoming obsolete. With approximately 1,460 +/- feet of Interstate 10 road frontage, a water line running along the road, and sewer utilities nearby, this property would be ideal for development. If you are interested in purchasing a beautiful live water estate property with long-term investment potential,the Winsbrook Ranch also fits this mold as well. In addition to the I-10 road frontage, Winsbrook Ranch features year-round live water creek frontage. Two dams aid in keeping the water deep and flowing. There is a large home that was custom built in 1988 that overlooks the creek. Some of the other improvements include a barn, water tank, a historic dog run house that was built in the 1800’s and in great condition, a smokehouse, and a guest house. Overall, the Winsbrook Ranch is a beautifully diverse live water, scenic ranch with an unsurpassed location. COORDINATES | PAGE 8

127 +/- Acres, Kendall County

Winsbrook

Located off of Interstate 10 is the Winsbrook Ranch, a 127 +/- acre live water ranch just minutes from downtown Boerne with quick access to San Antonio.

local farmers market

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4. 6.

4) CHAP’S CHOPPIN TOPS- Charcuterie boards and Choppin’ Tops evoke warmth and authenticity and bring excitement to hosting any occasion. Chapschoppintops.com 5) TEXAS HILL COUNTRY PROVISIONS - The Texas Hill Country Provisions team created the company as an outlet to make high quality goods, inspired by the laid-back Central Texas lifestyle. Thcprovisions.com 6) LIFETIME DECOYS-Lifetime Decoys are the most cutting edge additon to Waterfowl Hunting. lifetimedecoys.com

Coordinates | Page 11

FrioTown

Ranch

Coordinates | Page 14

4,629 +/- Acres FRIO COUNTY

Frio Town Ranch

Property Description The Historic Frio Town Ranch in Frio County, TX is conveniently located just a short drive south of San Antonio. The Diversity of the Frio Town Ranch is what makes this ranch so compelling. The front 900 +/- acres consist of flat native south Texas brush country and open pasture for cattle. The middle section of the ranch is roughly 830 +/- acres of irrigated farmland, and the south end of the ranch consists of 2,891 +/- acres that is high fenced and is for hunting and recreation. This section of the ranch is very unique with two wet weather creeks that merge together, rolling hills with some of the highest elevations in the area, a great mix of open pasture, and lots of brush which is ideal for hunting. The History of the Frio Town Ranch is very intresting with two historic markers that are thought to be campsites of Santa Anna and his Mexican Army along with a Texas historical marker for a Texas Ranger Camp monument for Captain Neal Coldwell’s Company.

A BRIGHTER YEAR FOR TEXAS SPORTSMAN

By: Rick Taylor

West and swope Associate broker and wildlife biologist

Coordinates | Page 17

o say the least, this past year has been hard for many people and one that most of us would like to forget. With the Covid pandemic, elections, and freezeout of February, thank the good Lord that summer is here, and fall is just around the corner. And with fall, we can hopefully look forward to an untroubled and uninterrupted hunting season. Due to the pandemic, while trying to stay socially distant, many landowners and sportsmen were able to spend extra time at the ranch or hunting lease. Hopefully, during this time of masks, isolation, and quarantines, they were able to get some much-needed work accomplished cleaning senderos, deer blinds, mending waterlines and generally making repairs and a host of other items that were on the to-do list but never got done! Despite all the challenges the pandemic and snow-mageddon brought, many people were able to spend quality time with family, and maybe had some decent hunts. Since summer has arrived and the pandemic is slowly fading (despite the media’s constant tirade about variants and surges) many sportsmen are looking forward to getting back in the woods. Many are also wondering how last winter’s freeze might have affected the upcoming hunting season and how they should react and manage accordingly. There is no doubt that the extreme winter weather impacted many species.

COORDINATES | PAGE 18

Fortunately for Texans, most of our native game survived in fairly good shape. White-tailed deer, javelina, turkey, quail, and hogs seemed to have weathered the storm essentially unharmed, although some regions might have been more negatively affected than others. It appears the major impact of the winter storm took a devastating WROO RQ PDQ\ H[RWLF VSHFLHV VSHFLÀFDOO\ $[LV GHHU (predominately males), blackbuck antelope and some super exotics. Reportedly, some birds and ODUJH TXDQWLWLHV RI FRDVWDO ÀVK ZHUH NLOOHG DV ZHOO Aside from wildlife, some plants were also killed or impacted. Broken limbs and dead-appearing trees were everywhere, especially in southwest Texas. But take heart! Woody plants, such as south Texas blackbrush, which appeared dead in many areas are now re-growing from the base, thus bringing the browsing level down to an accessible level. With the excellent and above average rainfall we have been blessed with this spring, forage production has been outstanding. In my opinion, all of this should result in an incredibly good year for all species. The start of the annual hunter migration begins with the opening of dove season on or around Labor Day weekend. Dove hunting continues to be an extremely popular shooting sport. Unlike deer hunting, it is fast paced, affordable and typically a socially enjoyable group event.

Because of the special white-winged dove season in the south zone, and three separate dove hunting zones, it is advisable to read the regulations, know the zone maps regarding dove hunting, and determine the hunting dates and areas. Historically, white-winged doves were found concentrated in the lower Rio Grande Valley, but since the mid 1980’s they have drastically expanded across Texas and even migrated to states north of Texas. These beautiful doves are usually concentrated around urban areas and towns regularly harvested in conjunction with mourning dove season, frequently incidental or bonuses in the bag. As the white-winged dove population continues to expand and increase throughout Texas, it is obvious that the numbers of birds harvested will also increase, thus giving more recreation for sportsmen. Since mourning and white-winged doves are migratory, there was little winter impact on the overall population, except for the resident birds which might have been minimally affected. Again, the outstanding rainfall this spring should provide plenty of seed food and a successful hatch prior to dove season. Some of the best hunting areas are around farms with grain RU FRUQ VWXEEOH VXQÁRZHUV FURWRQ UDJZHHG RU sesame, and surrounded by trees or brush for roosting, with watering areas such

as livestock tanks in the vicinity. If unfamiliar with the area you want to hunt, there are QXPHURXV RXWÀWWHUV JXLGHV DQG ORFDO IDUPers that advertise dove hunting, and the local Chambers of Commerce are also an excellent source of information. As dove season winds down, hunters start preparing for deer season. This year, deer season should be rewarding with good fawn production and antler development. As I write this article fawns are already hitting the ground. While starting the spring in rough shape, the does have rebounded physically from the harsh winter, due to the excellent spring rains and increased nutritional levHO RI IRUDJH ZKLFK VXEVHTXHQWO\ EHQHÀWHG DOO wildlife. This hunting season it is particularly important to continue to manage your deer herd. Make sure not to hesitate to harvest the required numbers, falsely believing that you need to be conservative because of the bitter winter storm. So, hunters, clean your guns and load up on shells, because it should be a great year. Unless of course the usual happens, and the rains come on Memorial Day weekend and scatters the dove to-and-fro. It is time to put the pandemic and everything that depressed us over the last year behind and look forward to brighter days, especially in the beautiful Texas woods. (QMR\ WKH FDPDUDGHULH DURXQG WKH FDPSÀUH without masks and sanitizers and have a wonderful and memorable hunting season. COORDINATES | PAGE 19

Covenant

Ranch

8,988 +/- Acres Webb County

Covenant RANCH

The Covenant Ranch is a magnificent South Texas hunting ranch that is well known for producing great quality, trophy whitetail deer. The 8,988-acre ranch is designed to offer the very best when it comes to hunting and recreation. The land has been exceptionally well managed, with many improvements added over the years to enhance the quality and quantity of the wildlife. The iconic main lodge overlooks Biel Lake, a 300-acre cultural reservoir that is believed to the largest privately owned lake in South Texas. With it’s incredible history, top-notch lodging, high-quality wildlife, and well-designed improvements, this massive South Texas property is an opportunity to own a unique ranch of exceptional quality. COORDINATES| PAGE 22

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SURFACE AND MINERAL MANAGEMENT

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ZANDRA DUKE

Junction, TX

TRIPLE F RANCH Kimble County 160 +/- Acres

HWY 97 RANCH Floresville, TX 245 +/- Acres

Hill Country, tx

South, tx

Double J

RANCH

1,372 +/- Acres Dimmit County

Property Description The Dimmit County Double J Ranch is synonymous with south Texas and trophy white-tailed deer. Owned by the founder of Texas Trophy Hunter Association, Jerry Johnston, this ranch is finally available for the true white-tailed deer enthusiast. Jerry has decided to sell his beloved Double J ranch, located in the heart of the Golden Triangle on FM 468 between Cotulla and Big Wells, in Dimmit County. This 1372 acre high-fenced, red soiled jewel has been under intensive white-tailed deer management for over twenty-five years, supplemented with continuous and highly sought-after, genetically superior, stocked white-tailed deer from Jerry’s own breeding facilities. The ranch is currently under wildlife exemption and MLDP. This property is being sold as a complete turn-key operation including all blinds, feeders, furniture, and furnishings. The new owner will only need to bring his clothes and groceries! COORDINATES | PAGE 27

TOP M I S C O N C E PT I O N S ABOUT 1031 E XC H A N G E S FOR 2021 By IXP 1031

Pictured: Rock Cliff Ranch, Bandera County

For 2021, here are our latest top misconceptions we’ve found that the public has about 1031 Exchanges. 1. 1031 Safety in Tax Reform 2. Like-Kind Property 3. Vacation Home Usage 4. Reverse Exchange 5. Reinvesting Proceeds and Replacing Debt 6. Partially Tax Deferred Exchanges 7. Identification Rules 8. Penalties 9. IRS Filing 10. Partnerships & LLCs 11. Improvements 12. Starting an Exchange

1031 EXCHANGES 1031 in Safety in Tax Reform Threats to repeal or cut 1031 never make it through tax reform proposals and bills. FALSE The threat of 1031 limits or even repeal is real. Currently, the latest proposal caps deferral at $500,000 (single taxpayer) / $1 million (married taxpayers filing jointly). IPX1031, the Federation of Exchange Accommodators together with many individuals, companies and trade associations representing many diverse industries are actively educating and advocating our federal legislators in Washington D.C. What can you do? It is important that Congress hears your voice – and more than once. Click here to send an electronic letter to your U.S. Senators and Representative in the House. Like-Kind Property If I sell an apartment building, I must buy another apartment building because of the 1031 “like-kind” requirement. FALSE The “like-kind” requirement does not mean selling and buying the same exact type of property. In an IRC §1031 transaction, you can exchange real property for virtually any other real property in the United States, as long as the property is held for productive use in a trade or business or for investment purposes. The term “like-kind” refers to the nature or character of the property, not its grade or quality. For this reason, nearly all real property is like-kind to all real property. You can sell an apartment building and exchange it for a strip mall, a warehouse, an office building, a vacant lot, farmland, etc.

Vacation Home Usage Vacation and second homes have been a hot investment especially during the pandemic. I’ll sell my investment real estate and buy a vacation home that I can enjoy with my family during the summer months. Since it’s my investment property it qualifies under the 1031 rules. FALSE You can sell your investment real estate and reinvest the gain, tax deferred, to purchase your vacation or second home, the challenge is making sure it will qualify as a 1031 investment property. Meaning that during the initial 24 months of ownership there are strict rules to follow regarding personal use. The important rule is that you can only use the property for 14 days each year or 10% of the actual days that you rent it out. For example, if you lease it for 200 days each year, your personal use can be up to 20 days. If you are able to abide by these rules, after two years the dream vacation home is yours to use as often as you like without any more requirements. Check with your tax advisor and click on the links below when considering a vacation home or second home as a new Replacement Property to complete your 1031 Exchange. Reverse Exchanges Reverse Exchanges are quick and simple – I just buy my new Replacement Property first, then sell my old Relinquished Property by year’s end. FALSE The concept of buying first/selling second is correct, but Reverse Exchanges are not simple nor quick. Many exchangers do not realize that when the new property is acquired, IPX1031 (through an affiliated entity) needs to be the title holder of the old Relinquished Property or new Replacement Property. You cannot own the Relinquished Property and the Replacement Property at the same time. Due to this requirement, Reverse Exchanges take longer to structure and because there are more steps and increased complexity, there are additional costs and fees. Reinvesting Proceeds and Replacing Debt I only have to reinvest the profits from the sale of my old Relinquished Property to fully defer my taxes in a 1031 Exchange. FALSE For a full deferral of taxes, you should follow three rules: (Continued on Page 31) COORDINATES | PAGE 29

Pictured: Frio Town Ranch, Frio County

1. Purchase like-kind Replacement Property of equal or greater value than the Relinquished Property (buy equal or greater in value). 2. Reinvest all of the net equity (exchange funds) from the sale of the Relinquished Property into the Replacement Property (spend all of the net equity); and 3. Replace the value of the debt paid off on the Relinquished Property with cash (from outside of the exchange) or debt placed on the Replacement Property. As a practical matter, satisfying the first two rules, buying equal or greater value property and reinvesting all of the exchange funds, will result in the debt requirement being satisfied. Partially Tax Deferred Exchanges I sold for $100,000 but I cannot defer my taxes since the new property I plan to purchase has a sales price of only $92,000. Therefore, I cannot defer my taxes via a 1031 Exchange. FALSE A 1031 Exchange does not need to be an all or nothing proposition. A partially tax deferred 1031 Exchange is valid. If you purchase property lower in value or take a portion of the cash from the closing of the sale and do not reinvest all of your exchange proceeds, you will have a partially tax deferred exchange. You will pay taxes on the “boot”, which are those funds not reinvested or debt replaced. At times, a partial exchange may be advantageous to an Exchanger. Depending on your circumstances, it’s a strategy worth discussing with your legal and tax advisors.

Identification Rules It doesn’t really matter that I did not identify any property for my exchange within 45 days if I eventually purchase a new property and follow the other rules. FALSE The rules under section 1031 are very strict. If you do not identify any property within the identification period, your exchange will fail. There are no exceptions. It is important to remember from the day your Relinquished Property transfers, you have 45 calendar days to identify potential Replacement Property using the 3 Property Rule (most common), 200% Rule or 95% exception. You can change your identification at any time before the expiration of the 45-day identification period, but not after it expires. The statute is very clear, to be eligible for deferral under section 1031, the like-kind property must be identified within 45 calendar days and acquired within 180 calendar days from the transfer of the Relinquished Property. Penalties The IRS will penalize me for not completing an exchange. FALSE If you set up your sale as a 1031 Exchange and cannot locate new property to complete your exchange, you will not be penalized by the IRS, nor by IPX1031. The exchange simply “fails”, and you will pay the same taxes as if you had never attempted to complete a 1031 Exchange. However, there are strict rules in the 1031 regulations as to how long you will need to wait before IPX1031 can return your funds to you. COORDINATES | PAGE 31

Partnerships & LLCs A partnership or multiple member LLC can sell property, and after the closing the partners/members can each take their percentage of sale proceeds and go their separate ways to buy Replacement Property on their own. FALSE Only real estate is eligible for a 1031 Exchange. A partnership interest is a personal property right to the assets owned by the partnership. If partners or members intend to go their separate ways after the transfer of the Relinquished Property, planning and re-structuring of the ownership entity should be accomplished well in advance of placing that property for sale. Improvements I can buy lower valued Replacement Property, take title and then make improvements after closing using my exchange proceeds, my own cash and/or financing to increase the property value in the exchange. FALSE Pictured: Hickory Hill Farm, Hardin County

Once the taxpayer takes title to the Replacement Property the exchange is over. Any improvements made after taking title regardless of how they are paid for will not count towards the exchange. If you would like to build on or make improvements to a Replacement Property, you can use the exchange proceeds by structuring an Improvement Exchange, also known as a Build-to-Suit Exchange or a Construction Exchange. This structure adds complexity and ultimately more cost to your exchange yet can be very beneficial. Starting an Exchange I closed yesterday but haven’t touched the funds. I can still set up an exchange. FALSE Unfortunately, you cannot defer your taxes via a 1031 Exchange if you have already closed on your property. To comply with the requirements of the 1031 regulations, you must enter into an Exchange Agreement with a Qualified Intermediary (IPX1031) and the Qualified Intermediary must assign into the contract between you and your buyer before the “benefits of benefits and burdens of ownership” transfer to the buyer. The process to begin opening an exchange can be quickly accomplished online here or by phone 888-771-1031, however it is important that the taxpayer contacts the QI prior to the transfer of the Relinquished Property to set up the exchange. A 1031 Exchange cannot be opened after the property has been transferred. COORDINATES | PAGE 32

35 ACRES hwy 90

27 acres SH 123

Seguin, TX Guadalupe County

COMMERCIAL

TX Lake Placid Ranch Seguin, Guadalupe County

60 +/- Acres

Hickory hill Farm 26 +/- ACRES

Silsbee, TX Hardin County

Guadalupe Brazos Valley, tx

South East, tx

Agent Spotlight Perry Donop III Perry Donop brings over 19 years of Farm and Ranch Real Estate experience and ranch operation background to West & Swope Ranches. He joined West & Swope in 2018; and in addition to bringing years of industry experience, he also has a vast knowledge of the Texas Hill Country. Where do you live? I live on my family ranch in Kendalia, Texas. Kendall County is in the heart of the hill country with a rich German history and ranching heritage. I enjoy being What is your most memorable deal to date? away from the city. with West & Swope Ranches. I had a listing that two of my friends owned together. From that listing, it Where did you grow up? I was born and raised in San Antonio, Texas. My family sented numerous challenges, it was a great experihas been in the Bexar County area since the 1940’s. ence and my friends walked away happy. What drew you to ranch real estate? My father is in the real estate business and my fami- When looking for a brokerage, what drew you to ly has been ranching in Texas since the 1850’s. Farm West & Swope Ranches? My father ran into Mitch West and told me he and Louie Swope had just opened a new Ranch Brokerage What are the three most important things to look for and that I should go talk to them. I knew of Mitch’s reputation as a successful Broker, and my father when looking for an agent to represent you? The three things I would look for in an agent are knowl- had done some deals over the years with Louie’s faedge, of the land and of the area that the property is in, ther in Law, so I had a pretty good understanding availability or accessibility because the last thing you of what to expect. Mitch is the real deal. What you want is an agent you can’t get ahold of, and someone see is what you get. He’s humble in a business that who is personable and at the end of the day, cares seems to be getting more braggadocious. Ranching about building a relationship with you and is easy to runs deep in his blood and not too many brokers have his kind of Texas roots. Louie is a hustler and get along with. What is the most profound lesson you have learned from spending time on ranches? The most profound lesson I have learned is that things are constantly changing. New challenges face landowners every day and you need to be ready and willing to is the way we have always done it” no longer works.

late. He understands the new marketing technology and techniques and is building a great business. I’m really fortunate to work with them. What is your greatest accomplishment to date? Without a doubt marrying my wife, Traci.

Who is someone who has had a profound impact in If you could give in one sentence, a piece of advice your life or in your business? My grandfather has had the biggest impact in my about how to live life, what would that be? The older I get the more I realize that nothing lasts life by far. He’s the reason my father and I ranch. I forever; family and friends are extremely important so live in the ranch house he built in the 1950’s and I think about him everyday. As far as business goes, I make sure to take the time to be with them. would have to say my friends. If it wasn’t for them I wouldn’t be able to do what I love for a living.

COORDINATES | PAGE 35

TX Key to the Hills Farm Boerne, Kendall County 27 +/- Acres

Hill Country, TX

SOLD

Flying X Ranch 480 +/- Acres

Pipe Creek, TX Bandera County

Hill Country, Tx

Agent Spotlight

Mason Trull Where do you live? South Austin, TX. What drew you to ranch real estate? I grew up hunting and managing various ranches across Texas as well as watching my father buy and sell land. What are the three most important things to look for when looking for an agent to represent you? Knowledge of the land you are interested in, making sure they are trustworthy and ethical, knowing whether you can get along with the agent on a personal level. If you are buying or selling property you want to be represented by someone who understands your vision and will treat you like you are their top priority. What is the most profound lesson you have learned from spending time on ranches? Enjoy and appreciate the simple things in life and nature, and you will be a lot more happy. I spend as much time as possible outdoors. What is your most memorable deal to date?

Aransas at the same time. When looking for a brokerage, what drew you to West & Swope Ranches? I really was impressed with the knowledge and genuine love for ranches and people that Mitch and Louie had. Real estate can be a very greedy business, but I could tell both Mitch and Louie truly appreciated and cared about the land and the people they worked with. Who is someone who has had a profound impact in your life or your business? My parents have had the most profound impact on me in my life and in my work they have always supported me along the way. When you aren’t working your business, where can you be found?

COORDINATES | PAGE 37

different parts of Texas.

SOLD

TX Bracken Lake Ranch Tyler, Smith County 1,069 +/ Acres

North East, Tx

SOLD

Antonio, TX Masterson Road Ranch San Bexar County 121 +/- Acres

COMMERCIAL

SOLD

TX Rock Cliff Ranch Bandera, Bandera County 60 +/ Acres

Hill Country, Tx

SOLD

Branch, TX Gold Dust Ranch Spring Comal County 432 +/- Acres

Hill Country, Tx

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COORDINATES | PAGE 40

Want to place an ad in this publication? For Pricing and Details contact Taylor Mangold tmangold@westandswoperanches.com