Missed land deal

In Armstrong County, Texas, about 25 miles southeast of Amarillo. My wife grew up in the Panhandle, east of Amarillo. The land out there is great – rolling hills, grass in springtime, lots of red dirt, Palo Duro Canyon.

The land I missed out on is a bit more than 12,000 acres. Deer, stock tanks, fences, windmills. And a big thing – three miles of Prairie Dog Fork of the Red River runs through the center of the place.

Yep. Missed out.

The place sold for $8.2 million. I would have been a little more than short on available cash, and I’m not sure how much a bank would loan on income derived from Army retirement and Social Security.

Here’s an ad for 20,944 acres in SW Texas

The ad says 20,944 +/-. When you get to that many acres, does “more or less” really count? If you’re buying 10 acres, you want 10 actual acres.

Anyway, $500 an acre (+/-) isn’t a bad deal.

http://www.kuperrealty.com/eng/sales/detail/452-l-874-4y8pxy/20-944-acres-blue-hills-ranch-comstock-tx-78837