A NOTE FROM YOUR LAND BROKER, CHARLES
The frigid temperatures are behind us, and sunnier days are ahead!
The nice weather tends to spur buyers into a more active state as we barrel toward spring. While prices on rural land continue to stabilize, inventory on good ranches remains at a minimum and thus puts sellers in a favorable position. I am of the opinion that it will take an influx of inventory coupled with prices continuing to stabilize before we see a more active market for both buyers and sellers.
As for Capital Ranch Sales, we’ve maintained our 2024 momentum. We closed 5 ranches in February, put an additional 6 under contract, and brought 3 new ranches to the market for sellers.
Be on the lookout for our spring edition of “The Ranch Report” magazine, which will arrive in mailboxes in the coming months. If you haven’t signed up, just click the link below to be added to the distribution list.
If you or anyone you know is looking to buy or sell real estate in 2025, please reach out! I would love to answer any questions you may have and discuss how we can help you accomplish your goals. See ya next month!
2025 Federal Estate and Gift Tax Limits
Recently, the Internal Revenue Service (“IRS”) announced the 2025 estate and gift tax exemption amounts. Generally speaking, these amounts change slightly each year, and are an important consideration in a person’s estate planning process.
As we have discussed numerous times on this blog and our Ag Law in the Field Podcast, Congress sets an amount of assets that a person is allowed to give during their lifetime or at death without incurring estate or gift tax liability. This is known as the lifetime exemption. The IRS adjusts the amount each year for inflation. Persons whose estate value is over the lifetime exemption will incur federal estate tax liability of 40% on the overage.
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New Listing! Located in southeast Blanco County, just 5 miles east of the downtown square in Blanco, Texas, Capital Ranch Sales is proud to present the +/- 45-acre 4C Ranch. This ranch boasts 6 brand-new structures totaling 7 bedrooms and 7 bathrooms, over 8,200 square feet of living space, comfortably accommodating up to 29 people. The 4C Ranch exemplifies luxury, offering a top-tier Hill Country experience. The property includes over 1,000 feet of paved frontage along FM 165 and is accessed through a beautiful custom-gated entrance. The ranch’s winding road leads through lush pastures dotted with majestic live oak trees to the headquarters situated atop the highest point of the property. From here, you can enjoy expansive north-facing views. Additionally, the property includes shared ownership of a stunning Blanco River Park. Offered fully furnished, 4C Ranch is a true reflection of current ownership’s meticulous attention to detail and craftsmanship, resulting in a turn-key luxury ranch. Call Capital Ranch today to schedule a viewing of this amazing property! |
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Sold!
Bastrop County, Texas Listed at $2,100,000 Welcome to Caracara Ranch, a beautiful +/- 80-acre ranch with a newly remodeled home and breathtaking landscape. Nestled in the pines of Bastrop County, this unrestricted, ag-exempt ranch offers a wide variety of tree and wildlife species, coupled with rolling topography that provides amazing views. Caracara Ranch is conveniently located just a short distance off of Hwy 71, halfway between Bastrop and Smithville. Being approximately 10 minutes from Bastrop, 35 minutes from Austin-Bergstrom airport, and 45 minutes from downtown Austin, this property allows for wide open ranch living to enjoy peace and quiet and the convenience of amenities. Whether you’re looking for a place to hunt, fish, weekend getaway, or just enjoy the serenity of nature, Caracara Ranch delivers on all fronts! Give us a call for all of your ranch buying and selling needs! |
