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DAVID FAUST<br />

CONSTRUCTING A RANCH REAL ESTATE CAREER<br />

WRITTEN BY LORIE WOODWARD<br />

David Faust constructed a ranch real<br />

estate career. “Most of my family were<br />

in construction-related businesses, so<br />

that was my background,” Faust, who<br />

founded Comanche Contractors Inc.<br />

a commercial construction company<br />

based in Houston in 1978, said. “I was<br />

working as a handy man for a real<br />

estate company when I was in college in San Marcos and the<br />

owner encouraged me to get my license.”<br />

Faust, who was majoring in business, did. Then acting on<br />

a tip from the broker who specialized in residential real estate,<br />

Faust secured his first ranch listing.<br />

“My boss came back from a Rotary Club luncheon where<br />

he’d overheard a local rancher say he was considering selling<br />

his ranch,” Faust said. “My boss gave me his name, his number<br />

and said, ‘Go see if you can get a listing.’”<br />

The rancher, according to Faust, had a soft heart and gave<br />

the fledgling ranch broker a 90-day shot. The next weekend Faust<br />

ran an ad in the Houston Chronicle touting “700-plus acres on the<br />

San Marcos River…”. The property sold in the first week.<br />

“It seemed like a pretty easy way to make money,” Faust<br />

said, laughing at his naiveté and the stroke of beginner’s luck.<br />

The early success, combined with his love of land, prompted<br />

him to maintain his real estate credentials even as he was<br />

tackling commercial construction projects across the country.<br />

His was not a small-scale construction business. During one<br />

eight-month period, he completed 28 Michael’s Arts and Crafts<br />

stores simultaneously in a geographic area running from San<br />

Diego to Sacramento. He and one construction superintendent<br />

oversaw all 28 projects.<br />

“Commercial construction is a high pressure, deadline<br />

driven, bottom line focused business,” Faust said. “And, yet, I<br />

built more than 1,200 projects in 30 years…I never got sued and<br />

I never sued anybody. That’s an accomplishment.”<br />

Although commercial construction was his primary trade, he<br />

handled real estate projects for family, friends, repeat clients<br />

and himself. After selling his construction business, he turned<br />

his attention to ranch real estate full-time.<br />

He works from his home office near Lake Travis and is a oneman<br />

shop by choice.<br />

“For 30 years, I oversaw multiple crews and lots of<br />

employees,” Faust said. “When I sold my construction business,<br />

I wanted no employees and no overhead.”<br />

The small scale of his business allows him to concentrate<br />

on the projects at hand and deliver personalized service.<br />

His lifelong experience in the construction industry gives<br />

him an innate understanding of the real value of a property’s<br />

infrastructure from both a market standpoint and replacement<br />

cost. While he enjoys representing parties on either side of a<br />

real estate transaction, he is drawn to the thrill of the hunt as the<br />

buyer’s representative searching.<br />

One time, he spent more than two years working on behalf<br />

of a client with a very specific list of wants and needs. The<br />

client wanted a good South Texas ranch with complete surface<br />

control, no energy production, no easements, no overhead<br />

transmission lines on the property or within sight, and no<br />

access to anyone other than him.<br />

“We found it. The windshield time was well spent,” Faust<br />

said. “While selling ranch real estate is a great profession, those<br />

12-14 hour days in a pickup can challenge your patience, your<br />

morale and your motivation, but as my uncle used to say, ‘You<br />

either got the fire in your ass, son, or you don’t.’ I’ve always had<br />

that fire, so I do what it takes to get the job done.”<br />

In addition to being highly motivated, Faust has an extensive<br />

network. A former commercial construction client provided the<br />

genesis for one of Faust’s most interesting land deals: the sale<br />

of the Senator Ranch properties in Madison, Brazos, Leon and<br />

LANDMAGAZINES.COM<br />

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