What would you do with 11 acres

Question

What would y'all do with 11 acres that you might want to build a dream house on eventually? My wife and I bought 11 acres of land between Boerne TX and San Antonio a year ago with the idea that we would build out dream house on it eventually. That idea was put into question when a slum developer clear cut and developed a high density neighborhood all the way along one of our property lines. So what I want to do is buy myself some time to reevaluate and try and make some income off of this piece of property. There is a very old, outdated, but functional 2/2 1782sqft house on the property that i am currently using as a woodshop. I have thought to maybe try and rent out this house as an office for someone or maybe to a equipment company that is looking for a place to store some equipment. What are some other ideas that y'all can think of?

Thanks in advance,

Scott Mac · Answer

Organic farm/hire the labor

Hand picked cotton farm/hire the labor

If it's fenced, graze others cows and horses for a fee.

Bring in some old "Stuff" to hide behind, and make it a paintball war park.

Turn it into a vehicle wrecking/recycling yard.

Set up hay bales and make it into an archery park, charge admission.

Invest in some folding tables, chairs and tents and advertise it for quinceañera parties and wedding receptions. Hold several at once.

Plant wine grapes and harvest them yourself and make wine out of them, then sell the wine to HEB and Taco Cabana as a local Wine.

Jason Dillard · Answer

Use it for 1031 parking for another investor.

Use it to secure created paper to help you buy the next deal.

John Teachout · Answer

Someone built new slums? lol.

If you're concerned about neighboring properties, you need a much larger piece of acreage to build on so you can create some buffer zones in all directions.

Mitch Hill · Answer

Slum lord between San Antonio and Boerne? Hardly likely, probably more like $300-400k and up homes on small lots.

With 11 acres couldn't you develop an exclusive housing development with 1/4 or 1/3 acre lots and sell homes for $800k plus? In Texas it is not uncommon to have diversity between developments relatively nearby.  Look at Houston.

Bruce Lynn · Answer

#1.  Sell it to the developer.

#2. Bee farm...if you can't do it, plenty of beekeepers looking for land.

#3.  See if there is FFA club at the local school.  Talk to the teacher and see if any of the kids need a place to grow hay grazer, or put a cow or animal or two.

#4.  Talk to you local Ag Extension agent in that area and see if they have any ideas to keep your ag exemption with highest and best use of the land....

#5.  Plant an orchard...pecan trees, fruit trees, any other kinds of fruits that more or less take care of themselves.

Jon Tungsten · Answer

@Heath Shepard speak with the neighbor/developer and see if he would buy or put on market. Then go buy another piece or land that borders protected land or land not at risk of adjacent development.

What would you do with 11 acres

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