How many of you here own your own land and how much do you own?

[Atfulldraw]

Phillip is doing it the way I would do it if I had the time

When I get some time, I'll start a thread about expenses.....

For now, I'll just say, we have invested or committed to spend about as much as we spent on the land and it's only been about a month.......

[miket]

What town are you close to?

The closest "town" is Plantersville, about 8mi away. The closest real town is Magnolia, about 15mi away. ( About 40mi Northwest of Houston )

[JP8]

Ive been looking to buy some land here in TX also. I have a good chunk of land in NC (married into farm land) and my Aunt willed me her land and her seafood company so hopefully no time soon I will have that. But I wanted to get about 10-15 acres down here. Land seems to be real expensive down here in TX compared to other states. How many acres do you need here for it to be farm land?

[thegrouse]

How many acres did you buy?

17

[armadillophil]

I own 128 acres in Ohio. Bought it when I was living in Pittsburgh in 2009. This is my second land purchase and I have no regrets buying either one.

[Texas Deerman]

I earned my land the old fashioned way. Inheritance.

[lakefork]

180 ac in SW AR. My great, great granddad bought it in the 1880s. Lots of deer they just don't get very old up there so you rarely see one above 120". Season lasts oct - feb with six deer limit.

[Rack'em Jay]

I have even kicked the idea around of buying some heavily wooded east Texas land and then have someone come in and select cut it to thin it out and sell the wood to the mill. On the land i have now i let a guy come and take down 7 trees and gave the logs to him for taking them down. He said he would make about 900.00 by selling them. They were large pine and sweet gum trees. On the right piece of land you may be able to help offset the price of the land by marketing the timber. Or buy small tracts clean them up and resell then upgrade each time you sell till you get the piece you want to keep.

It sounds like a good idea but don't expect much return on just select cutting.

I buy wood at I.P Domino mill, dealing with some of the loggers good luck getting paid for ever load they take off your land.

land owner will only get about $6-$10 a ton for pulp wood so around $168-$280 per truck load.

saw logs and tie logs pay more but also get culled a the mill for different things.

[Sippy]

When I get some time, I'll start a thread about expenses.....

For now, I'll just say, we have invested or committed to spend about as much as we spent on the land and it's only been about a month.......

Nothing but truth here!

The land itself plus double what you think your expenses are.

[Slingblade]

I own land. The one thing about it is the property tax, it will eat you up so if you get enough land and want a lower tax rate be sure to buy livestock as soon as possible. It takes 5 out of 7 years after you register it as agg. land to get agg. exemption. but then your taxes go way down. We have been agg. exempt for several years now and it sure makes it better. Good luck, you will love being a land owner.

[FireMedic26]

We have almost 34 acres that we bought in 3 separate plots & we were close to owning all 3 of them. 1st we bought 13 acres and put a repossessed double wide on it. Then my Mom & Dad bought the 13 east of me. Last we bought an 8 acre lot, between my neighbor & I, to the west of me. Last year we sold the double wide, had it moved out & built a house, so now the bank owns most of the 13 acres in the middle . But hopefully one day, when I'm old & gray, we'll own it all again.

[lameduck]

Nothing but truth here!

The land itself plus double what you think your expenses are.

Sent you a PM

[Fishndude]

My dad owns land that I don't falsely claim to be my own. Maybe it will be someday though.

[JP8]

My dad owns land that I don't falsely claim to be my own. Maybe it will be someday though.

I would hope it yours or at least partially.

[Cam-Mac]

My dad owns land that I don't falsely claim to be my own. Maybe it will be someday though.

Lol

x2.