Ideal Horse Properties For Sale

The historic Susie Q Ranch, located in the heart of south central Idaho’s unique high desert spring-fed Silver Creek ecosystem, is one of the great ranch properties in the prestigious Sun Valley area. Silver Creek, world renowned for its blue ribbon trout fishery, abundant wildlife and magnificent scenery, is protected in perpetuity by the nearby 900-acre Silver Creek Preserve and an additional 10,000 acres in conservation easements.

Susie Q Ranch

Susie Q Ranch

The South Mill Ranch consists of 1,224± deeded acres that occupies a substantial part  in its own valley protected by the San Cayetano Mountains which rise 2,000 feet above the ranch to 6,000 feet on the west. The 8,000 acre Sonoita Creek State Natural Area borders the ranch on the south, and natural geography including the Grosvenor Hills are on the east. The Santa Rita Mountains are just to the north, rising over 9,800 feet. The adobe style ranch improvements are impeccable and include a magnificent owner’s residence, an equally attractive but smaller guest house, a manager’s home and a stable complex.

South Mill Ranch

South Mill Ranch

The Rocking Four A Ranch consists of 1,027± acres bordering the Bitterroot National Forest, located on the coveted west side of the Bitterroot Valley. Offering a scenic redoubt among some the strongest wildlife populations in the west, the property provides immediate access to a full array of goods and services while providing privacy and seclusion. Located five minutes from historic Stevensville and 35 minutes from Missoula and its commercial air service, the Rocking Four A offers the best of both worlds – world-class western scenery and lifestyle in a location where modern conveniences and strong school districts are readily available. The property has outstanding hunting for elk, whitetail and turkey and supports a herd of around 150 head of cattle on a seasonal basis.

Rocking Four A

Rocking Four A

Lucky P Ranch sits on the shores of Lake Cypress Springs, just north of Winnsboro in Franklin County, Texas. Nearly 300 acres, the ranch offers a large hacienda-style home, equestrian facilities, abundant game, and the rolling timbered hills of East Texas. This is a family ranch, offering the unique recreational lifestyle of lake frontage and large acreage.

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Lucky P Ranch

Lost Peaks Ranch is surrounded by public lands 35 miles northeast of Sun Valley over Trail Creek Pass. Consisting of 731± deeded acres, the property sits at the base of 10,000-foot Jerry Peak adjacent to the recently designated Jim McClure-Jerry Peak Wilderness Area and offers panoramic views of the upper Lost River Valley and the massive Lost River Range, which encompasses the state’s highest peaks. – See more at: http://hallhall.com/ranches-for-sale/properties/lost-peaks-ranch-0?

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Lost Peaks Ranch

The Valley View Ranch consists of 2,339± acres located in Lake County, Montana, in the northern Mission Valley just south of Flathead Lake. With an estimated 550-acres of irrigated land, the property is estimated to support around 300 animal units on a seasonal basis. At the heart of the ranch are the Valley View Hills. With its 3,766-foot highpoint located within the ranch’s boundaries, the property is visible from many miles away and offers panoramic views of the Mission Mountains and Flathead Lake beyond.

Valley View Ranch

Valley View Ranch

“Texas News and Views” Radio Show Features Tyler Jacobs of Hall and Hall

Texas Farm Bureau’s “Texas News and Views” radio program recently featured Hall and Hall partner, Tyler Jacobs, commenting about insurance considerations for those buying or selling rural property.

Here is a link to the program.

TylerJacobsTyler lives and ranches five miles outside of Montgomery, TX.   Graduating from Texas Tech University with his degree in Wildlife and Fisheries management, he has had professional and entrepreneurial experience in hunting operations, timber valuation, cow/calf and yearling operations, grass-fed beef production, and land-use planning. Currently serving as President of the Texas Land Brokers Network, he also is an affiliated member of RLI, TSCRA, MCBIA, and TALB. A proud fifth-generation Texan, Tyler holds the legacy of land ownership in the highest regard.

 

Good Time to Leverage Ranch & Farm Real Estate

By: JT Holt

Seems everyone wants to be debt free.  Recently, a mentor referred to a statement his mother made to him when he graduated college and was purchasing his first home in the early ‘80s.  The statement that has resonated with me for some time now, goes like this: “Son, I’m sorry that you had to purchase your home on the time.”  As this makes me chuckle, it brings up a good point and makes one begin to deliberate when is, or when will, debt be a good thing?  If you are able to obtain a greater return than the interest rate available, doesn’t it make sense to leverage an asset to generate greater returns?

The biggest competitor for me as a lender these last several years has been cash!  Why would you not utilize your cash in a farm or ranch real estate purchase, with no other stable returns of any significance in the market place? It was proven by the large amounts of cash that flooded the farm and ranch real estate market.  The recent moves in interest rates, the availability of financing, and the equity that has been lost all pose the question, “Is now the time to leverage my farm or ranch real estate?”

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Lucky Star Ranch

Since the recent election we have seen the 10-year treasury go from 1.80 To 2.54, which has some direct correlation to our interest rates.  Long-term fixed rates have taken the greatest hit overall, at this point, but we have seen a significant increase in farm real estate interest rates recently, although they are still significantly lower than historical averages.  The concern is, will rates continue to rise in this economic environment?  Now may be the time to take advantage of these low rates and pull some of the equity out of your farm or ranch real estate.  Do you need to lock in a low fixed rate today?

The availability of financing may be a greater issue than you realize.  As we saw the collapse of the financial markets in 2008, we saw a significant tightening in farm real estate loans.  As farm loans became more difficult to acquire, it caused greater strain and financial concerns for producers.  The offset of this was the profitability of farming and ranching during this cycle and the cash in the marketplace.  Right now we are actively seeking opportunities to finance farms and ranch real estate.  In this search, we are seeking out the top producers, those that have a strong financial position and those that have equity in their farm or ranch real estate that we are able to leverage.  Is this you?

Significant equity has been lost over the last three years in farming and ranching.  Row crop farmers are going on three years of losses while the rancher is most likely seeing it for the first time in his operation this year, and if not, definitely a drop in income.  Now may be the time to restore that liquidity position.  Did you utilize cash to purchase some ground and now need to restore your cash position?

Robinson Bar Ranch

Robinson Bar Ranch

All in all, now may be the time to look at utilizing the equity in your farm or ranch real estate by taking out a farm loan before rates move too far.  Farm real estate loans are still attractive to your lender, and it allows an opportunity to restore your liquidity position.  Is now the time to leverage one of your most valuable assets and “buy it on the time?”  Call us today and let’s talk through your many farm and ranch loan options.

Diversifying Ranch Income with Hunting

By: Tyler Jacobs

According to a recent article in Beef Magazine, CattleFax CEO Randy Blach states, “low calf prices are likely to remain in the $130 to $140 per cwt. range in 2017.” In other words, prices that cattle producers are likely to see in 2017 are very similar to what they are experiencing today.  What does that mean for ranchers? Now is the time to run a tight ship and make critical business decisions. For many, that may include diversifying a property’s income stream.

One form of income expansion would be to offer hunting opportunities. According to the U.S. Fish and Wildlife Service 2011 National Survey of Fishing, Hunting and Wildlife-Associated Recreation report, 13.7 million people aged 16 or older hunted that year and spent $38.3 billion on equipment, licenses, trips and more. This tells us that there is a strong desire for hunting opportunities in the U.S. and obviously landowners stand to benefit from that. Hunters not only stay in their home state (resident) but they also actively travel out of state (nonresident). This provides a rich pool of hunters to work with.

U.S. Fish and Wildlife – Hunting in America, An Economic Force for Conservation

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Hunters are also diversified in their interests, which can range from big game to upland game birds like bobwhite quail, chukar, turkey and pheasants. These are all species for which we, as land managers and wildlife biologists, can actively manage a property for. More often than not we are able to do so in balance with the overall goals of the farm or ranch. This is well illustrated in the book “Beef, Brush, and Bobwhites” by Hernandez and Guthrey. Livestock, agriculture and wildlife can function very well together. The King Ranch of south Texas is one of the best examples of this concept in action.

So what influences hunting prices? One might think it is a multi-million dollar lodge. Others would suggest it is food and amenities such as a swimming pool, wet bars and nice vehicles. However, the critical factor is the quality and quantity of wildlife present on a property. The majority of hunters partake in hunting for more than just the harvest. Outdoor recreationists cherish the opportunity to simply be a part of that environment. They appreciate the wildlife, the associated habitat and the opportunity to hunt.  A large percentage of hunters actually understand the investment in time, energy and finances that are made by landowners to ensure healthy wildlife populations that live in vigorous habitats. Hunters will remember the experiences from time spent in the field far more than the food or lodging.

quail hunting ranch georgia

The business side of hunting operations such as marketing hunts, making the land available for leasing, booking hunters, managing hunting camps, overseeing lessees, lease documents and working with the local state game biologists can be tedious to some. Many landowners simply choose to hire a service, such as that offered by Hall and Hall to manage their hunting operations. In this situation, the landowner knows that the ranch is faithfully represented and that the hunting operations will be professionally managed.

So what does all this mean for landowners, especially ranchers who may have to be tightening their belts due to low cattle prices? This is an opportunity to add income that had previously been left on the table and broaden the ranches income stream into the future. Selfishly, this gives us an opportunity to educate those who spend the majority of their time in urban environments about the importance of ranching and agriculture. Perhaps they will even celebrate their successful hunting experience with a steak. That works for all of us!.

Yaggy Plantation Sells to Television Producer at Auction

On October 5th, American TV executive Craig Piligian and his actress/dancer wife Lucinda Piligian purchased the historic Reno County, Kansas Yaggy Plantation at auction for $5.325 million. Piligian is the President and CEO of Pilgrim Films & Television and best known for creating The Ultimate Fighter, American Chopper and Dirty Jobs series for Discovery Channel. In 2001, he won an Emmy Award as co-Executive Producer of Survivor.

The 1,260-acre property was once the largest shipping point for fruit between the Missouri River and California. In fact, at one time it had as many as 50,000 apple trees and a million catalpa trees – which were sold for fence posts and railroad ties.

The two homes, which are accessed from a quarter-mile tree-lined drive, still reflect the period. The south home was built first, in 1892, as a manufactured Sears and Roebuck home that was shipped in by rail. The north house, built around 1905, has a similar floor plan, with five bedrooms. The home was refurbished in 2005.

“There were 100+ in attendance and 25 registered bidders,” said Scott Shuman of Hall and Hall Auctions.  ”There was constant and lively bidding on a variety of tracts and combinations, yet the property sold to a single bidder.

To read the full story of the sale click here.

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A Father’s Colorado Dream

By: Rob Hart

My father has always loved Colorado.  As a kid, we drove all the way from Arkansas in the summer, in the winter, and any other time he could convince my mom that experiencing the outdoors was just as important as school.  We got the full experience – whitewater rafting, skiing, visiting the national parks, horseback riding, hiking, rock climbing, fishing and camping.

Besides the usual fun activities, there was the inevitable and infinite quest to find a little piece of Colorado land we could call our own.  Dad has always dreamed of owning land in Colorado and every single trip included a day of property exploration.  There was rarely a “for sale” sign that we passed without exploring the possibilities.  We walked, hiked and climbed them all, but most proved to be too expensive for our situation or were only accessible by a team of mountain goats.

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Life has gotten in the way and he’s yet to find the perfect place to hang his hat.  However, I’ve learned that it was the search and the dreams that he most enjoyed.  There has never been a tract of land where Dad did not see the possibilities.  “This would be the perfect place for a very, very small cabin.” “You’d have to bolt a house to the side of the cliff, but you could certainly teach the kids to repel and climb.” “It might be a flood plain, but it will be a great place to kayak and fish.” – or – “This one is right next to the national forest, you’d just have to hire a team of mules to get you over there.”

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Regardless of the ultimate purchase possibilities, we always ran across some of the most gorgeous places on this earth.  Lush green forests, crystal clear rushing creeks, miles and miles of endless views, and meadows that made you want to stay all night and try to count the stars. Colorado really is one of the most amazing places on the earth.

The childhood experiences of exploring the unknown and dreaming of the possibilities has had a permanent impact on me.  I can’t remember ever telling a single person that my professional goals were to work in real estate, much less specialize in large tracts of land.  I now find myself living in Colorado doing exactly what I was unconsciously raised to love.  I find no better comfort than spending the day wandering through the back roads of Colorado looking for that perfect place to build that cabin, hunt, fish, kayak and camp.

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Dad and I still haven’t found our little slice of heaven, but at 74 years old he hasn’t given up the search and mine has just begun.  Last week while visiting we went for our annual land run through the Colorado mountains.  As expected, we didn’t find the perfect place but I won’t be disappointed if we never do.  I know now, it’s not about finding perfection but the search that keeps the spirit alive.