Land Lease - Cattle - DFW area???

[epj]

I'm sure this is posted somewhere but just need a quickie ballpark number. What could I expect to be paid on leasing 70 acres of decent pasture, with tanks, tanks only water, and no electric about an hour and a half Northeast of Dallas, TX. Total newbie here so all the detail you would care to share is welcomed. I'm sure there are a lot of ways to skin this cat but I am mainly looking at annual cashflow to put back toward the note on the land and keep and ag. exemption. Thanks in advance for your replies....

 

[TexasBred]

Have no idea about that area, but there are worlds of horses in that area. Could make a lot more money if you could get a horse person to lease the place.

 

[backhoeboogie]

Most in this area are paying around $30 an acre for a place that size. No telling what land leases for in that area. Fertilizer can cost an additional $70 plus per acre.

 

[bigbull338]

im in northeast texas as well.an you should be able to lease that out for $1400 to $2100 a yr.wich is $20 to $30 an ac.

 

[BC]

$15 to $20 per acre is probably more realistic under current market conditions.

 

[epj]

thanks everyone those were the numbers i was looking for.