What Should We Do?

[Burnadell]

This is roughly what we got, 45k

Wowzer! That's roughly $300k-$350k

[The4Cs]

Why not buy up some of the smaller places around you? If you’re going to spend $300,000 fencing your existing place, you could take out a loan for $1,000,000.00. Use the $300,000 to put down then buy A LOT more land to buffer your place and probably “double” your investment. Then in 15-20 yrs when you get ready to retire. Sell it all and buy an island where you can live with ZERO neighbors until the Lord calls you home!!


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[Killer]

I just wish I had your problem.

[Huntingfool]

Just some perspective - this is from around 15 years ago.

Bought 600 acres near Lampasas - a spectacular place for sure - 8 acre pond, two very nice houses, awesome views - paid $750K - a steal.

HF the place and did some improvements - lived there for 5 years - killed all of the native deer and had 3 bred does and 3 two year old bucks realeased -

The communte to my work became a burden so we sold it for 1.8 mill - it sold couple of years ago for 5 mill -

there is no right or wrong answer - boils down to $$ or your passion to own a ranch - in retrospect I should have kept it but was worried about the upkeep

here is the place when it was on the market couple of years ago - make sure to scroll through the pictures - good luck with whatever choice you make

https://www.landandfarm.com/property/the-lucky-penny-3239588/

[TTUgrad08]

I would probably let it ride for a few years and see how it plays out with the neighbors. Then selectively HF out the problem spots where you lose deer. Maybe eventually HF it all. However, I might consider selling out and relocating if the I could get full sale price and found a better fit. But that does take some added time and elbow grease.

So, I’d sit on it for a while before doing anything but also keeping an eye out for greener pasture.

[WyoBull]

You will never find a place with nobody around you the way everybody and their brother is wanting to buy their own piece of paradise.
Anywhere that is nice is going to have encroachment by the out of staters and city dwellers.
I would stay where you are until everything is built out around you, then sell for a large return, take the money and go buy again somewhere else.

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[Mike D]

Man talk about first world problems.

I would love to be blessed enough to own 2400 acres. And many folks will never own that much. Hell I’d be happy to own 50-100 acres.

Your OP made it sound like they were coming in and selling 2-5 acre ranchettes.

2400 acres is a lot of ground (almost 4 square miles) and personally I think you are making something out of nothing.


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[TeamAmerica]

Why do you think a developer would pay under market value? Does your county have a bunch of idiots living in it? Commercial developers pay a lot more than individual buyers in almost every case. That doesn't mean they won't lowball you with the first offer. Developer who bought my moms place offered $50k an acre to start and we settled on $88k an acre. Worst case you could subdivide it yourself potentially if things got crowded for your liking.

[hoythunter02]

In your situation with the deal you were able to get in the land and the invested funds into said land, I’d go a step further on the land investment and high fence the entire ranch.

I would care less what anyone says about hunting fenced or raised pets. That is you and your families blood sweat and tears in that land and you own it.

I’d be so uneasy with the ranchettes near my property, I’d have no choice but to protect the land from over hunting neighbors.

Congrats on being successful enough to own the American dream bud. Enjoy it!


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[hoythunter02]

Just some perspective - this is from around 15 years ago.

Bought 600 acres near Lampasas - a spectacular place for sure - 8 acre pond, two very nice houses, awesome views - paid $750K - a steal.

HF the place and did some improvements - lived there for 5 years - killed all of the native deer and had 3 bred does and 3 two year old bucks realeased -

The communte to my work became a burden so we sold it for 1.8 mill - it sold couple of years ago for 5 mill -

there is no right or wrong answer - boils down to $$ or your passion to own a ranch - in retrospect I should have kept it but was worried about the upkeep

here is the place when it was on the market couple of years ago - make sure to scroll through the pictures - good luck with whatever choice you make

https://www.landandfarm.com/property...penny-3239588/

Wow, what a beautiful place. I can almost feel the sting of letting that go for 1.8. You can barely get 75-100 acres out there in San Saba for 750k. You stole that deal like you said.


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[RMW]

Sell it

[BrokenJ]

This is roughly what we got, 45k

May I ask who your quote was from?

I would fence it, adds value if you sell later and keeps the Managemant in your control. Less anxiety in regards to fence hunters and trespassers

[Reel cajun]

If you can swing it, then fence it. In today's market, you may sell high, but you are also going to buy high. No brainer to me.

Just because you have a high fence doesn't mean you will have pet deer. Now if you start feeding the roads every day at the same time, they can become tame. You can do the exact same thing to deer on a low fence place. Trust me, I have owned high fence places and hunted behind one the majority of my life, those deer can be just as hard to hunt as low fence deer. I have hunted on low fence ranches where the deer chase the feed truck around. Don't listen to the noise, high fence it and enjoy the place you and your family have built.

This is my thinking as well. We have put so much time, work and money into our place that last time I was made an offer my wife and son really came unglued when I mentioned selling. If you decide to high fence there is a reputable fence company that just quoted $7.00ft. I have heard of $10ft quoted recently by other companies lately as well. We are in Leakey so ground should be same.

[TacticalCowboy]

High fence.