$8.7 million for 2117 acres of farm land SOLD!

Help Support CattleToday:

Bigfoot

Well-known member
Joined
Jan 16, 2012
Messages
13,226
Reaction score
547
Location
Kentucky
You couldn't touch it for that here. In my head, that's a shade over 4K an acre.
 

Dave

Well-known member
Joined
Jul 12, 2004
Messages
10,316
Reaction score
2,210
Location
Baker County, Oregon
I am buying a ranch that is about 57% that size for less than 10% of that money. But I would be willing to sell it. Of course there will be a slight mark up. I just want to make a reasonable profit....... lets say 2.0 mil.
 

ddd75

Well-known member
Joined
Feb 19, 2015
Messages
2,433
Reaction score
2
Location
KY
60 acres of valley land is going up for auction soon.

I bet it will hit near a million just for the 60 acres.
 

Caustic Burno

Well-known member
Joined
Sep 26, 2004
Messages
27,137
Reaction score
1,980
Location
Big Thicket East Texas
Bigfoot":3aod6rvg said:
You couldn't touch it for that here. In my head, that's a shade over 4K an acre.
Place down the road went for 5k per acre last year. Head west towards Bryan College Station prices in those surrounding countries is nuts.
 

herofan

Well-known member
Joined
Dec 28, 2011
Messages
2,694
Reaction score
405
Location
Kentucky
I wish I had know. $8.7 million is just pocket change for me, and it would have made a nice little hobby farm. :D
 

TexasBred

Well-known member
Joined
Aug 15, 2007
Messages
30,792
Reaction score
293
Location
Heart of Texas
Unreal what places are selling for around here. Acreage through the roof. Father in law passed away in November. Had hardly finished the memorial service and speculators were offering $14,000 an acre to build "spec" houses on .
 

bball

Well-known member
Joined
Mar 25, 2015
Messages
3,483
Reaction score
3
Location
Indiana
Caustic Burno":1kx9cp7r said:
Bigfoot":1kx9cp7r said:
You couldn't touch it for that here. In my head, that's a shade over 4K an acre.
Place down the road went for 5k per acre last year. Head west towards Bryan College Station prices in those surrounding countries is nuts.

I wish I had never sold my place in Normangee. Be worth a small fortune today.
 

Caustic Burno

Well-known member
Joined
Sep 26, 2004
Messages
27,137
Reaction score
1,980
Location
Big Thicket East Texas
bball":2bmpfnzu said:
Caustic Burno":2bmpfnzu said:
Bigfoot":2bmpfnzu said:
You couldn't touch it for that here. In my head, that's a shade over 4K an acre.
Place down the road went for 5k per acre last year. Head west towards Bryan College Station prices in those surrounding countries is nuts.

I wish I had never sold my place in Normangee. Be worth a small fortune today.

If that crystal ball would just work,
I could have bought this whole country for 200-300 an acre.
 

Dave

Well-known member
Joined
Jul 12, 2004
Messages
10,316
Reaction score
2,210
Location
Baker County, Oregon
I was down to the place I am buying on Tuesday. Was in signing up for a PO Box. The post master said he could have bought the ranch for $175,000 back in 1989. I paid considerably more for it now.
 

ddd75

Well-known member
Joined
Feb 19, 2015
Messages
2,433
Reaction score
2
Location
KY
eh.. why buy that land for so cheap in the 80's when you can invest in dividend stocks. :hide:
 

ddd75

Well-known member
Joined
Feb 19, 2015
Messages
2,433
Reaction score
2
Location
KY
True Grit Farms":32c52w8f said:
ddd75":32c52w8f said:
eh.. why buy that land for so cheap in the 80's when you can invest in dividend stocks. :hide:

You of done way better in the stock market.......If you'd of made the right investments.


the same could be applied to land. You buy the right spot, 10 + years later its all developed you have a gold mine. Land has outpaced the stock market.
 
OP
jltrent

jltrent

Well-known member
Joined
Aug 25, 2013
Messages
5,376
Reaction score
1,348
Location
Virginia
Seems like some people everything they touch turns to gold. When I worked in the banking business many years ago I saw a few like that. You have got to be willing to stick you neck out and hope for the best.
 

True Grit Farms

Well-known member
Joined
Jan 4, 2016
Messages
9,453
Reaction score
4
Location
Middle Georgia
jltrent":l4vjh8ue said:
Seems like some people everything they touch turns to gold. When I worked in the banking business many years ago I saw a few like that. You have got to be willing to stick you neck out and hope for the best.
I did that in stocks and got the rope. I sold some stocks to buy my place in Georgia, and the land is about all I ended up with. I'm hoping and waiting on the farm subsidies to go bankrupt and then I can afford to buy me another good lick of land.
 

TexasBred

Well-known member
Joined
Aug 15, 2007
Messages
30,792
Reaction score
293
Location
Heart of Texas
True Grit Farms":2n8ygur0 said:
jltrent":2n8ygur0 said:
Seems like some people everything they touch turns to gold. When I worked in the banking business many years ago I saw a few like that. You have got to be willing to stick you neck out and hope for the best.
I did that in stocks and got the rope. I sold some stocks to buy my place in Georgia, and the land is about all I ended up with. I'm hoping and waiting on the farm subsidies to go bankrupt and then I can afford to buy me another good lick of land.
Some work very hard at it. Some just play at it....like "playing the market". Only takes a couple of big kicks in the a## to realize you don't play the market.
 

Latest posts

Top