Looking for land

[nancy1340]

I am looking for 20 - 100 acres of land with or without a house in far NE Texas or SW, CW or NW Ark.

[Eastex]

Nancy, I live in Rusk County, TX and looking for land here and Cherokee County. Big problem I'm hitting is getting mineral rights with the land. I learned the hard way last year that if you don't own mineral rights, the oil/gas companies can drill within 300' of your home, and only have to pay you damages, which they set.

I understand AR and LA are the same, and probably OK too. Land is still high, (to me) at $2500+ per acre. I haven't priced anything to our north, but expect prices to be close to the same.

Good luck, Don

[bookwormom]

quote:
Land is still high, (to me) at $2500+ per acre. I haven't priced anything to our north, but expect prices to be close to the same.


does that mean you are expecting prices of land to drop? our neighbor is trying to sell 40 acres, no timber, no pasture, no flat land, all scrub, for 1600 an acre. the power line goes through it. we thought it was a bit high.

[nancy1340]

What kills me is I had a chance to buy my cousins old homestead. 200 acres for $200,000 with a two bedroom full basement sandstone house, one car garage, concrete block milk barn and a large wood barn. Two springs and a creek. You have to drive about a half mile through the Mark Twain National forest to get to it. No houses on the road and never will be.

Two large pastures and plenty of woods for firewood.
A doctor from Springfield bought it for turkey and deer hunting.

[RangerRick]

I bought a waterfront place on Lake O The Pines just north of Longview, TX awhile back in a tax sale and just about stole it. This wasn't an auction as I just stumbled on it and sent in a sealed bid to the tax office and as I was the only bidder the local school board and tax assessor agreed and walla.

In my searchings I came on many 100+ acre pieces that were up for public auctions at different county court house steps that went at rock bottom prices. I'd suggest you determine those countys your interested in and give em a call and have them put you on their notification lists for upcoming sales. They usually send out a listing 60 days prior with the particulars as to what's owed, location, size, structures, etc.

Good Luck,

Rick

[Eastex]

quote:


* *does that mean you are expecting prices of land to drop? our neighbor is trying to sell 40 acres, no timber, no pasture, no flat land, *all scrub, for 1600 an acre. *the power line goes through it. we thought it was a bit high.

My main thought was to alert the members to the possibility of oil/gas companies stealing your land. It's frustrating when you realize you really don't "own" your land. But we still love it, and it's our retreat should things get bad. Funny thing, after I was forced to sell, then I had to pay capital gains tax on the "profit".

I do expect land to drop in price. Prices here run 2500-5000 per acre. In fact, there's an ad for 160 acres for 2500 ea. The only thing keeping our economy moving here is the oil business. If we see continued price hikes in the cost of living, and/or another drought, I think prices will start back down.

I don't know where you are, but if that property was here, and if there is water on that 40 acres, I'd buy it at that price. If it's just scrub, but is fertile, that saves you a bunch of labor and money to clear. This year, I turned down 77 acres with 1/4 mineral rights at $1500. an acre due to no water. Someone else bought it the next day.

Sorry, didn't mean to talk so much!

[bookwormom]

quote:
Sorry, didn't mean to talk so much!

you didn't and it is quite interesting. there is not a drop of water on the place and it would take bulldozing or hard labor for many month to clear it, also it is not fertile land at all. If fenced it would be suited for goats. they wanted 1900 at first, but went down.

[nancy1340]

Rick, good suggestions. Thanks

Lake O' Pines is a beautiful. There is so much of the land around there that is polluted from years ago you have to be careful. South of Longview is the worse I think.


It's almost impossible to get mineral rights anywhere here in Texas. Don't know about the area around Paris in far NE Texas.

[knuckledragger]

Hello Nancy,

My wife and I just bought 20 acres in North Central Arkansas for $1250/acre. It has a well, electricity, a storage building and a creek running through it. We started by looking on the internet (mainly landwatch.com, unitedcountry.com, ozarksrealty.com, etc) and when we found something that looked good, we would contact a realtor and he would meet us at the land. We learned ALOT! We had one realtor show up who had no idea what the boundaries of a prospective piece of land were. Another lady showed up in high heels to show us land! Some realtors would only show us land that they had listed. We finally ran across a guy named Jim Broxson in Clinton Arkansas who showed up in a baseball cap, hiking boots, and a GPS. He also put us on automatic e-mail that would notify us about any new listings that fit the criteria of what we were looking for, regardless of who listed it. He and his wife were very helpful. HE would even send me topo maps of land that interested me so that I could see how the land laid before I determined whether or not it was worth the 3 hour trip from Memphis to North central Arkansas to see it. He is with a group in Clinton, Arkansas called UCSpot Realty and can be contacted through the UnitedCountry.com website. If you want his number, PM me and I'll get it to you.

[RangerRick]

Nancy, don't ya'll live in Ft Worth? Ya dried out yet? We've had plenty of rain here in OKC but damn, that place is just about washed out. My younger daugther moved down there 6 months ago and we've have made several trips that way. I can sure understand a few reasons to relocate, unfortunately I can't seem to impress those on the daugther.

Good luck on your search.

Rick

[Txanne]

quote:
Land is still high, (to me) at $2500+ per acre. *I haven't priced anything to our north, but expect prices to be close to the same.


* *does that mean you are expecting prices of land to drop? our neighbor is trying to sell 40 acres, no timber, no pasture, no flat land, *all scrub, for 1600 an acre. *the power line goes through it. we thought it was a bit high.


Does that mean you are expecting prices of land to drop]]]]]

Of course people do IF its their money!!

Now if I am spending yours--I wouldnt care.


Just because someone wants 2500.00 an acre doesnt mean their going to get it.

Nancy---Oldnnway lives up there---he is about 75 miles from me----he may have a few leads---

Land around here is high--but hey ya get a swamp pond with it!!! ;D

And oaks and gators and bass/catfish---it is beautiful here But big city-dwellers are buying and that has driven the prices up and people congestion has risen.


Good luck

annie

[nancy1340]

Rick, we live in Mesquite. About 40-50 miles due east of Ft. Worth. 'Tuther side of Dallas.

Annie, Old lives about 300 south of where I'm gonna be looking. :D I want as far north east that I can get and not be in OK.

Rick I'd love the Beaver's Bend area but I won't buy land in OK. It's to easy for the OK goberment to take it away from you is there is a dispute about your taxes.

Knuckledragger, check your pm's. Or just pm me that info. And thanks a bunch.

[RangerRick]

No dispute about my taxes that I know of. They tell me what I owe and I do my level best to not pay as much of that amount as possible. As to Texas taxes, the same thing applies however I'm hoping to find some way I can play both states against each other. I bought my Texas lifetime hunt/fish licenses before I retired so I get no break there but maybe there will be some wiggle room for Sweetie to get her tags down there as a Texas property owner/occasional resident. I register my bass/sail boat and canoe in OK cause it's cheaper but I keep them in Texas for use and it seems to be legal so far.

[organichic]

Hey! You might be interested in a homesteading community yahoo group I just started. It's main purpose is to connect old homesteaders with new homesteaders. There are lots of families living on homesteads wanting more friends for themselves & their children. And there are lots of families wanting to be living on a homestead and would love to have a good connection to the area when they make the move to the country. Come check it out!

http://groups.yahoo.com/group/homesteadingcommunities/

[MYellowRose]

Nancy check with the Texas Veteran's Land Board. Some of their repo's are sold to the general public. I haven't gotten a list from them in some time but they may have something in the area that you are looking in that you can afford.
Good luck.

[nancy1340]

Thanks for the suggestions.

[CarolAnn]

Nancy,
If you're not going to buy immediately, may I suggest that you look at land in the early spring?

For one thing, you can see the lay of the land a lot easier before all the leaves are on.

And the earlier you look, the less ticks and chiggers you'll be feeding as you walk around the land!

On the down-side, a lot of "wet weather" branches or creeks run only in the spring. They look so pretty, it can deceive you into believing it'll be that way all year. In Arkansas, they call that a dry branch.

I do think that the price of land, just like the prices of housing will be dropping for the next year, because it had gotten so out of line; with the very low interest rates, people were willing to pay more than it was worth.

That trend is cooling off now, thank heavens!

This site might be helpful:
http://www.auctionguide.com/dir/Real_Estate/

[nancy1340]

Carol Ann, Thank for the hints. I am from Ozark Mo so I know about dry creeks or branches, chiggers and tics. LOL