Re: Buying Farmground

Posted by Dave TX on September 14, 2004 at 22:19:44 from (66.118.17.118):

In Reply to: Buying Farmground posted by Allan in Ne on September 14, 2004 at 05:25:24:

I currently have a 33 acre plot about 35 miles northeast of Dallas that I would sell for 300K. (It has a timber contract on it to remove the cedars )about 80 year old growth. Many moons ago it was under oil lease and oil has been discovered in the region. People next to me are getting ready to develop their land (home sites). I expect the value of my land to go up considerably when they do. After the cedars are removed all that will be left will be old growth oak trees. Also my sisters have a little over 50 acres of pasture for sell for about 7K per acre that ajoins my land. And if you want to know why I'd sell its because I can make a lot more money in the stock market....(and I'm tired of the taxes)

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