This parcel is 75.69 acres of beautiful land. This property’s interior is filled with huge fields, large oakes, and Pecan trees. The owner has focused on cultivating large deer herds and good hay-producing fields. The wooded half of the property offers great hunting and established deer. The other half is coastal and produces large amounts of round bales. There are older barns and an old dairy with a milking area on a concrete flooring with an office area or storage room. The large barn has 6 horse stalls, and a large storage area. Both buildings need some TLC. This barn has a working pen & chute leading to the round pen. The wood has been removed to preserve the round pen and will remain. Both barns have electricity. Both the older home and the guest house need some work. Both are surrounded by pipe & utility panel fence.
Land Buying 101 for Aspiring Vineyard Owners
You’re not the only one who has ever dreamed about owning a vineyard. Before you purchase a piece for your vineyard there are a few things that you should consider. Land for vineyards is a complex purchase. From finding the right location to understanding the legalities, it can be a difficult process. We’ll walk you through the legalities of buying land so you can make well-informed decisions.
The Different Types of Vineyards
It’s important to know the differences between vineyards if you’re considering purchasing land to build a vineyard. Not all vineyards have the same benefits and challenges.
Here are some of the most common types of vineyards.
1. Estate Vineyards
A vineyard that is owned by and operated exclusively by a winery, or wine producer, is called an estate vineyard. The winery is in complete control of the grape growing process from planting to harvest. Estate vineyards often produce higher-quality wine, as the winery is able to use only the best grapes.
2. Contract Vineyards
A contract vineyard is one that is owned by a person or group but grapes are sold on a contractual basis to wineries. Contract vineyards are a good choice for those who wish to enter the wine industry, but do not have the funds for land or winemaking equipment. The downside is that contract vineyards may have less control over their end product and be at the whims or the wineries with whom they work.
3. Hobby Vineyards
Hobby vineyards are usually small-scale operations that are run by individuals and families who are passionate wine lovers. These vineyards may not be profitable, but their owners enjoy the grape-growing and wine-making process as a hobby. Hobby vineyards can be a great option for those who are interested in the wine industry, but don’t want to commit to a full-time job.
4. Co-Op Vineyards
A co-op is a group that pools their resources in order to run a larger vineyard. Co-op vineyards are an excellent option for those who wish to enjoy the benefits of ownership, but without the high costs involved in owning and running a vineyard. Co-ops are a great way to access higher-quality resources and equipment that individual owners may not have.
It’s important to consider the pros and cons of each type of vineyard when deciding which one to purchase. The type of vineyard you choose will ultimately depend on your goals and budget as well as your level of expertise.
How to Choose a Vineyard
There are several factors to consider when choosing a vineyard. Here are a few tips to help make the right decision:
1. Location, location, location
The location of your vineyard is critical to the success of your business. Consider the climate, the soil quality and the terrain of the area you are interested in buying land. It is important to have the right conditions for growing grapes that will produce fine wine.
2. Consider the size of your property
When it comes down to vineyards, larger is not always better. You should consider the size of your property and whether it will be manageable for both you and your team. A smaller, well-maintained property is often preferable to a larger one that is poorly maintained.
3. Investigate the history of a property
It is important to research the history before purchasing a vineyard. Find out what crops have been grown in the past, and if there were any soil issues or other factors which could affect grape growth. You can also research the vineyard’s reputation and its wines in order to get a sense of its potential.
4. Check the water supply
Water is vital for grape growing, so you should make sure that the vineyard is well-equipped with a reliable supply. Check the quantity and quality of water on the property, as well as the irrigation system.
5. Cost-benefit analysis
The cost of a winery can vary widely depending on factors such as location, size and other factors. Before making a decision, consider your budget and the potential return on investment.
These factors will help you choose a vineyard which is suitable for your business and will set you up to succeed in the world winemaking.
Gaining Legal Access to Landlocked Tracts
There are few things more frustrating than discovering there is no access recorded to property that you own or want to own. Landlocked property is property which is locked, i.e. it is surrounded by property and is only accessible via the property surrounding it. Landlocked properties can be found everywhere. It’s important to gain legal access for both convenience and legal purposes.
Landlocked properties can be due to a variety of reasons. But when this happens, you’re left wondering: How can I gain access?
Contrary to popular belief there is no automatic right of access. Fortunately, there are a number of methods to consider in obtaining legal access to landlocked property. Pat Porter, owner and broker at RecLand Realty, shares how he obtained legal access from the neighboring landowner to a 40-acre tract he purchased about a year ago.
Click HERE to learn more!
Original Blog: https://www.landthink.com/gaining-legal-access-to-landlocked-tracts/
Just Listed! Ranch Land in Carbon, Texas
This country house has 4 bedrooms, 3 baths, a 2-car attached garage, and ample storage in the kitchen, utility, and storage rooms. The master bedroom of the fourth bedroom features a private bathroom as well as a walkout to a 19×11 screened porch. The 69.5 acres of land are fenced and cross-fenced. There is plenty of space for horses, cattle, and hay production. A workshop, a barn with working pen and a loafing shed are also included. Also included are two HVAC systems, hot water heaters and a purification unit. Two wells, one of which is suitable for irrigation, and two septic tanks are included. You will find deer, turkeys, hogs and even doves on the property.
A Guide to Transitioning Farmland to the Next Generation
Many farmers and their families are faced with the challenge of transitioning farmland to the next generation. It is important to take into consideration the unique and complex financial and legal decisions that are made when passing farmland on, whether it is land that was passed down through generations or an investment.
You’ve worked hard as a farmer to build a successful farm and cultivate your land. It’s only natural to want your farm to continue to thrive for future generations. Here’s where succession planning comes in. Succession planning is a process that involves transitioning farm ownership from one generation to another.
It can be difficult for some farmers to begin this process as they may feel uncomfortable with the idea of giving up land ownership and farm management. Succession planning is important for many reasons.
First, without a succession plan, there can be family conflicts when it comes to transferring land ownership and farm management. This can lead to expensive legal battles, a loss of farm productivity and irreparable harm to family relationships.
Second, succession planning is important to ensure that your farm business continues to be successful. You may have spent your entire life working on your farm, and you probably have specific goals for the future. You can ensure that your goals are carried forward by creating a plan for the future.
Finaly, succession planning offers an opportunity to preserve your family farm’s legacy. The family farm in America has a rich and long history. Passing it on to future generations will ensure that this tradition continues.
A succession plan begins with a comprehensive estate plan. This plan outlines the fate of the farmland or other assets following the death of the current owner. The estate plan will also outline the person who will be responsible to manage the land and assets.
Many farm operations are set up as sole proprietorships, or partnerships. When transitioning farmland from one generation to the next, it’s important to consider if the current business entity will be the best fit for the future operation. It may be better to use an LLC or another type of business entity for the new operation.
Transferring farmland may also have significant tax implications. Consult an accountant or tax expert to determine how the transfer of ownership impacts the taxes of both the current owner and the new owner.
When transferring farmland there are a number of legal documents which may be required, including deeds and contracts. Consult an attorney to make sure that all legal documents are in order.
You should also evaluate any potential successors – especially if farming is involved. It is important to choose someone with the right education, training, passion and experience for farming.
It’s important that you establish clear criteria before you can evaluate possible successors. You should also consider any other qualities and values that you hold dear.
You may want to prioritize someone with experience in animal husbandry or who is committed towards sustainable agriculture. Once you’ve established your criteria, it’s time to evaluate potential successors. You may need to conduct interviews and review resumes, but you should also observe the candidates at work. You could invite them to spend some time with you on the farm or ask them to complete a small task or project to demonstrate their abilities.
It’s also important to consider the candidate’s compatibility with your family, and the wider community. You want someone who can work well with others, respects your values and traditions, and will respect the transition of farmland.
You can ensure the continuation of your farm and its legacy for future generations by ensuring that you have the right successor. With the right planning and guidance, a smooth transition can be achieved that will ensure the future of your farm for generations.
New Listing! 4955 County Road 188 in Stephenville, Tx
Just minutes away from Stephenville, you will find 12 beautiful acres. This acreage is covered with towering hardwoods and has several beautiful sites for building the home of your dream. Sandy loam soil makes it perfect for horses, livestock and all agricultural endeavors. The property has a gated entrance and new fencing around its perimeter. It is ag exempt and has already been surveyed. United Coop is bringing fiber-optic internet to you soon!