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THE MARKET ISSUE<br />

SPRING <strong>2016</strong><br />

18<br />

PROFILE<br />

DAVID FAUST<br />

David Faust finds that spending his life helping<br />

people buy and sell ranches is as enjoyable as<br />

anything he can imagine.<br />

28<br />

RANCH RESTORATION<br />

A TWA TOPIC<br />

Linda Campbell and husband David Mahn headed west,<br />

searching for a ranch they could manage for quail, which<br />

meant buying in either South Texas or West Texas. They<br />

had a budget, a wish list—and a vision.<br />

36<br />

MARKETING 101<br />

STRATEGIES FOR HUNTING ENTERPRISES<br />

Roughly 20 years ago, Greg Simons heard Forrest<br />

Armke, who is the manager of the historic Ford Ranch<br />

near Melvin, Texas, deliver a talk about marketing<br />

hunts. He summed it up well when he said, “Know<br />

your product. Know your customer. Close the deal.”<br />

42<br />

PROFILE<br />

DAN ALLEN HUGHES JR.<br />

Although the Hughes family has amassed one of the<br />

largest inventories of private land in Texas, Dan Allen<br />

Hughes Jr. sees immense value in public land.<br />

64<br />

PROPER RIPARIAN MANAGEMENT<br />

EQUALS MORE AND BETTER WATER<br />

We are blessed in Texas with picturesque creeks and<br />

rivers on many of our rural properties. Along these<br />

bodies of flowing water are riparian zones, critical for<br />

maintaining quantity and quality of the precious liquid.<br />

68<br />

KNOWING THE LENDING LOGO<br />

BUYING OR SELLING RURAL REAL ESTATE?<br />

Rural real estate financing has changed dramatically<br />

since the early 20th century. Today country home<br />

and land buyers have dozens of financing options.<br />

Whether you are purchasing or selling property, it<br />

helps to know the lending lingo.<br />

80<br />

ALL THINGS BEING EQUAL<br />

TACKLING THE ISSUE OF “FAIR VS. EQUAL”<br />

For individuals who favor a “fair” distribution of<br />

property, planning can be fairly simple. Land can<br />

pass via a Will or Trust in equal shares to children<br />

and/or grandchildren. Sounds simple but in reality it<br />

can cause strife between heirs.<br />

92<br />

BUYERS BEWARE<br />

FIVE THINGS YOU NEED TO KNOW BEFORE<br />

BUYING PROPERTY IN TEXAS<br />

If a seller doesn’t know something, buyer, beware. By<br />

not investigating this for yourself, you could be in for<br />

an unwelcome surprise after you close on a property.<br />

99<br />

MARKET REPORT<br />

SECOND WIND FOR TEXAS LAND MARKETS?<br />

Final year-end results indicate that 2015 Texas land<br />

market price trends slowed considerably.<br />

100<br />

LAND STAR AWARDS<br />

OUR WINNERS FOR 2015<br />

The LAND Star Awards program was created to<br />

recognize top-performing land brokers and bring<br />

awareness to this informative database.<br />

BROCHURE<br />

RANCHO AGUA GRANDE<br />

With the rich, abundant diversity of<br />

wildlife, it’s no wonder that Rancho<br />

Agua Grande is considered one of the<br />

nation’s premier hunting destinations.<br />

(Following page 48)<br />

PORTFOLIO<br />

ON THE COVER<br />

DEEP HOLLOW CREEK RANCH<br />

The moment you drive through the gate of<br />

this must-see 150-acre Hill Country Estate,<br />

majestic water and fertile improved pasture<br />

captures the eye as the landscape rises<br />

upward towards the west.<br />

BROCHURE<br />

SANDOW LAKES RANCH<br />

Sandow Lakes Ranch is a<br />

magnificent, unique and versatile<br />

33,800-acre property in the<br />

heartland of Texas.<br />

(Following page 72)

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