March 2024 News

by | Mar 29, 2024

Charles Y Armstrong Broker Capital Ranch SalesA NOTE FROM YOUR LAND BROKER, CHARLES

Spring has sprung… Well, almost! The actual “first day of spring” is March 19, but we have been blessed with warmer weather and some much-needed sunshine.

The seasonal change always serves as a good reminder that if you’re a landowner in the state of Texas (and if you’re not, you should be!), your Ag/Wildlife property tax valuations are due soon. How soon? April 30, 2024.

If you’re a new land owner, your county is on rotation, or if you transferred your property into a partnership or new entity, then make sure to fill out your application to receive the reduced property tax evaluation benefits. If you have any questions on this topic, please check out the link below, or don’t hesitate to contact me so that I can help you with this process.

The real estate market continues to stay hot, and our team at Capital Ranch Sales is constantly bringing new properties to market and getting our buyers and sellers under contract on ranches. Give me a call or shoot me an email if you’re considering buying or selling, and let’s discuss your real estate goals.

Thank you for your continued support!

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INDUSTRY RELATED NEWS

Agricultural Tax Appraisal Based on Wildlife Management:
Legal Summary of Wildlife Management Use Appraisal

Property taxes, also known as ad valorem taxes, are assessed and collected on real property at the local level to fund a variety of local governmental functions including public schools, roads, police, fire, and other and emergency services.

Knowing how these legal layers relate to one another is helpful to understanding when land qualifies for taxation as open-spaced land devoted to wildlife management use. The Texas Constitution grants powers to the state and places limitations on how that power can be exercised, including limitations on how open-spaced land may be taxed.

Click here for the full article!

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MARKET SNAPSHOT

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FEATURED PROPERTIES

Las Lagunas Ranch

Under Contract
Zavala, Texas

Listed at $5,200,000

Located in southwest Zavala County and in the heart of big deer country, the Las Lagunas Ranch is a diverse 1,290-acre high-fenced ranch that is an outdoor enthusiast’s dream! The ranch provides an abundance of both surface and subsurface water, including a 30+/- acre lake along with a 40-acre irrigated food plot. Located 10 miles west of Crystal City, TX, and offering great paved access via Highway 1668, the ranch is complete with multiple living quarters offering owners and guests clean and comfortable accommodations.

Call us today for all your listing and selling needs! 

Big Swig Ranch

New Listing
Edwards County, Texas

Listed at $749,000

Capital Ranch Sales presents Big Swig Ranch, a turnkey hunting property with meticulous management and stewardship of the land. With four ridges and a topography ranging from 2000-2200ft, the new owner can look forward to endless views and terrain change, offering wildlife the support needed to thrive. These two exceptional tracts of land are situated in the captivating Phase Three of Mailtrail Valley Ranch, collectively spanning an impressive 202.14 acres. This prime piece of real estate offers topographic diversity, a comfortable place to sleep and shower, and is ready to be hunted!

Schedule your showing today!

A SPECIAL THANKS TO OUR GENEROUS SPONSORS