Oil & Gas

The listing says the property generates hunting lease income. Deer season. Good access. Repeat tenants. The agent frames it as a bonus, proof the land is well-managed. What the listing does not say: that lease runs with the land. When you close, you inherit it. The hunters who have used this property for three seasons keep their rights. The property sold. Their lease did not. Whether that is a benefit or a problem depends on what the lease actually contains. Most buyers under contract on Texas rural land have not read it yet. Understanding what you are acquiring before closing is the difference between a manageable encumbrance and a costly surprise. That is exactly the kind of review that belongs in your real estate due diligence. In This Article: “Income Property” in Texas Rural Real Estate What Your Title Company Is Not Telling You Wildlife Management Programs Add Another Layer