Farm & Ranch Brochure - Classen Realty Group

FARM & RANCH

“Under all is the land. Upon its wise utilization and widely allocated ownership depend the survival and growth of free institutions and of our civilization.”

— The Preamble to the Code of Ethics of the National Association of Realtors

Classen Realty Group is a full-service real estate brokerage in one of the most active real estate markets in the United States. We specialize in both Seller Representation and Buyer Representation across Commercial, Farm & Ranch, and Residential transactions.

Classen Realty Group stands ready to facilitate your next strategic move. We place our client’s best interests above all else, value relationships over transactions, favor quality over quantity, are leveraged by technology and systems, and have a passion for the profession. We’re Empowering People Through Real Estate.

Mitchell Classen

Mitchell Classen

Broker, GRI | President — Classen Realty Group (512) 971-3415 • Mitchell@ClassenRealtyGroup.com

OUR APPROACH

Anything worth doing is worth doing well. A job well-done deserves to be replicated. At the Classen Realty Group we believe in the power of systems and checklists. Our team’s common passion aside from real estate, is general aviation. With the influence of having a pilot on board our team comes the discipline and expected results of adhering to a checklist, specifically when it comes to our client’s hard-earned dollars. Whether we’re writing an offer, vetting a potential buyer, or reviewing plans before going into the next P&Z meeting, your interests will be represented with the intensity and precision of a pre-flight checklist.

YOUR TRUSTED LAND BROKERAGE ACROSS THE STATE OF TEXAS

FARM & RANCH

Our roots were planted in the small town of Maxwell, Texas. We understand rural living and identify with many of its values. From purchasing your next hill-country getaway to ditching your hunting lease and buying your own ranch; from investing in land for the long-term gain to transplanting your family from the city to God’s country, we’ve got your back.

SELLER REPRESENTATION

Whether you’re selling the family ranch—land you’ve purchased as an investment—or are just curious where the current market stands, we’ve got your back. Our intimate knowledge of inbound companies, new projects, and horizontal development allow us to better position our clients to benefit from area growth. We research each property to identify its highest and best use, determine how nearby development impacts the price and potential use of your property, and showcase our findings in our marketing packages to potential buyers.

BUYER REPRESENTATION

Buying a ranch can be a daunting task. We’re here to break it down into manageable phases and be your single point of contact along the way. Our experienced team uses a thorough checklist from advising on which necessary surveys, reports, and analysis to acquire to obtaining bids from various contractors and meeting with those contractors at the property. We are committed to looking after your best interests to ensure that your next ranch property meets every one of your expectations.

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The LORD will command the blessing on you in your barns and in all that you undertake. And he will bless you in the land that the LORD your God is giving you.

Deuteronomy 28:8

PROPERTY TYPES

RECREATIONAL LAND

Recreational land is most often raw or bare land that is used for various types of recreational activities such as hunting, weekend getaways, fishing, ATV use, family retreats, and so much more. Owning a spot to call your own makes those activities much more accessible.

AGRICULTURAL LAND

Agricultural land use is land used for growing crops such as corn, wheat, beans as well as orchards and vineyards. It also includes land used in raising and grazing farm animals such as cattle, sheep, and pigs.

TRANSITIONAL LAND

Transitional land is usually a parcel of 10 to 300 acres located near the edge of an existing municipality. Due to the close proximity to the municipality, transitional land provides utilities, retail stores, and other services that new residents desire.

LIVE WATER RANCHES

Live water refers to the bodies of water that have a constant flow. Think of spring-fed streams, flowing creeks, or a river that is constantly flowing. Trust us to know which properties have historically drought-tolerant live water. These prized properties rarely come on the market.

HORSE PROPERTY

An equestrian property is a home that also has stables and other facilities for horses, and usually a considerable amount of land and trails for riding. These properties can serve as a place for training and recreation for equestrians and horse lovers.

GENTLEMEN’S RANCHES

A smaller ranch in which its main purpose is to provide a certain lifestyle for its owner, characterized by any combination of recreational, production, or sporting opportunities with revenue generation typically being a secondary focus. They are more aptly labeled Lifestyle Ranches.

LEGACY RANCH

Ranches deemed “legacy” ranches are steeped in historical significance, natural resources, and bountiful wildlife. They are often the result of careful cultivation, great effort, passion, and commitment to building a lasting monument to the ranching tradition of the West.

RESORT PROPERTY

Generally, any property where people go for the purposes of fun and vacations. There are four primary categories of resorts: golf and beach resorts; island and lake resorts; mountain and ski resorts; and spa resorts.

REMARKABLE RESULTS

Mitchell Classen represented the sellers of a cattle ranch along a wellknown river in Bastrop County. After owning the property for over 25 years, the family hired Classen Realty Group to represent them in the sale of their expansive river property. After preparing a comprehensive marketing package and gathering comparable data from nearby sales, a well-qualified buyer was found. The property went under contract after thoughtful and careful negotiations. During the transaction, there were several key players coordinated and managed, from geotechnical engineers, environmental engineers, attorneys, lenders, and appraisers to a 1031 qualified intermediary. A 1031 exchange allows a seller to buy a like-kind property within a narrowly defined time limit to defer any capital gains taxes associated with that sale. Mitchell assisted the family in negotiating and contracting a beautiful ranch estate in Fayette County within the 1031 exchange deadline.