Why Is it a Great Time to Invest in Texas Land?
July 5th, 2016 | by Michelle Eastridge
Texas land is in worldwide demand because of our strong economy and the accompanying corporate relocations. It is a year-round market. The rate on return is currently one of the best investment opportunities.
Cow House Creek Ranch | Pottsville, TX
Texas is rated as one of the best states to do business, and large companies are attracted to relocate to the state. This ongoing positive growth results in making Texas a desirable place to own real estate with the potential for healthy appreciation. In addition, agriculture production in Texas is among the top in the nation, supporting stable land values.
With record-low interest rates, there has never been a better time to invest in Texas and, in particular, D-FW real estate.
Old Glory Ranch | Old Glory, TX
Sound reasons to invest include: inflation “hedge,” appreciation in values, annual cash flows (outperforms many other investment options), growing demand from emerging markets, recreational uses, location convenience and other investment qualities.
Freestone County Ranch | Wortham, TX
Demand continues to grow for land that is a smart portfolio addition. Well-run working ranches can yield 1 to 3 percent of income annually. Class A ranches in Texas and Oklahoma with profitable cattle operations and wildlife habitats weathered the financial crisis and recovered quickly. The reasons for their increase in value include rising commodity prices, a limited supply of properties and deep-pocketed owners.
For more luxury homes throughout North Texas, see briggsfreeman.com. President and CEO Robbie Briggs independently owns and operates Briggs Freeman Sotheby’s International Realty with offices in Dallas, Fort Worth Cultural District, Fort Worth-Mira Vista, Uptown, Lakewood, Southlake, The North, Ranch and Land, Ranch and Land West, and The Ballpark. Visit the Best Neighborhoods Site in DFW.