Fergus Ranch Potential Uses

The 289 acre Fergus Ranch has excellent potential uses:

Homestead / Ranch

This property could be ideal for the discriminating buyer wishing to retire and build a late life stage home. The property has access to city utilities and services, fronts a paved road, and is close to major shopping and medical facilities. The property affords many excellent vistas. Any of these would make an excellent setting for a luxury home. Texas law requires the first 5 acres to be set aside as a homestead. The remaining 284 acres can be property tax sheltered by placing cattle on the land or harvesting hay.

Property Development

Very good potential exists for sub-division and subsequent development of all or part of the property. Typically developed land sells for 3-4 times the price of raw land. Though this will require additional investment, there is the potential of partnering with a developer who would invest the infrastructure cost while you contribute the land to the partnership, ultimately splitting the profits on the increased value of the improved property. This formula could be used for all or part of the property, allowing you to retain a portion as a homestead or investment for sale at a future time.

Investment Property

With planned developments of single family homes on three sides, this property is poised to appreciate in value. The great thing about land is that it is not going to decrease in value. In fact, over the past ten years land has been appreciating in value by 10 percent or more year over year. And the Fergus Ranch property has not declined in value since it was first purchased 135 years ago.

Why not Contact Us now and schedule a visit to see the property and it's potential yourself.