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Cattle Boards
Grasses, Pastures & Hay
Determining Land Value.....
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<blockquote data-quote="TexasBred" data-source="post: 498610" data-attributes="member: 6897"><p>Backhoe ain't it something. We leased a place we own way over in Johnson County about 6 years ago for $10 an acre and 1/8 minerals. (Gas was unheard of in the area at the time). They're paying thousands an acre now just to lease and 25% royalty. Some of the neighborhoods in Ft. Worth are banding together and getting huge amounts. Somebody better not offer to buy my minerals at $10,000 an acre or they'll be owning the things.</p></blockquote><p></p>
[QUOTE="TexasBred, post: 498610, member: 6897"] Backhoe ain't it something. We leased a place we own way over in Johnson County about 6 years ago for $10 an acre and 1/8 minerals. (Gas was unheard of in the area at the time). They're paying thousands an acre now just to lease and 25% royalty. Some of the neighborhoods in Ft. Worth are banding together and getting huge amounts. Somebody better not offer to buy my minerals at $10,000 an acre or they'll be owning the things. [/QUOTE]
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