Horse Properties For Sale
Attention all horse lovers! Did you know Texas is the National leader in the number of horses within a single state. In 2017, the Texas Horse Industry estimated a head count of over 1,000,000 horses! Texas dominates in the AQHA, APHA, ApHC and AMHA breeds and is a close 2nd to California in total Arabian and Thoroughbreds. So if you are looking to buy or sell a Texas horse property, we can help!
NTREIS data last updated December 7, 2023.
What Is A Horse Property?
A horse-friendly property or house is designed to provide a safe and comfortable environment for horses to live and thrive. Here are some features that such a property or house might have:
- Adequate Space: A horse-friendly property should have enough space for horses to roam, graze, and exercise. Ideally, the property should have several acres of land with a combination of grassy fields, wooded areas, and flat terrain.
- Sturdy Fencing: The property should be fenced with sturdy, horse-friendly fencing that can withstand the wear and tear of equine activity. Fencing should be high enough to prevent horses from jumping over and strong enough to withstand horses leaning on it.
- Shelter: Horses need protection from the elements, so a horse-friendly property should have a stable, barn, or other type of shelter where horses can seek refuge from the sun, wind, rain, and snow.
- Water and Food: Horses need access to fresh water and food at all times, so the property should have a reliable water source and ample grazing areas or hay storage.
- Riding Area: A horse-friendly property should have a designated riding area, such as a round pen, arena, or open field, where riders can train and exercise their horses.
- Safe Environment: The property should be free from hazards such as poisonous plants, barbed wire, or other dangerous obstacles that could harm horses.
- Nearby Trails: Horses love to explore, so a horse-friendly property that is located near riding trails or open spaces can provide opportunities for riders to take their horses on scenic rides.
Overall, a horse-friendly property or house should prioritize the safety and well-being of horses, while also providing a comfortable and enjoyable environment for both horses and their human caretakers.
What Is The Downside To A Horse Property?
While owning a horse property can be a wonderful experience for horse owners, there are some potential downsides that should be considered before making the investment. Here are a few possible downsides to owning a horse property:
- Cost: Horse properties can be expensive to purchase, develop, and maintain. The cost of fencing, stabling, and maintaining the property can add up quickly, and there may also be additional expenses for equipment, feed, and veterinary care.
- Time Commitment: Owning a horse property requires a significant time commitment. Horses require daily care, such as feeding, watering, and stall cleaning. Maintaining the property, such as mowing fields, fixing fences, and cleaning barns, also takes time and effort.
- Responsibility: Owning horses comes with a significant amount of responsibility. Horses are large animals and can be dangerous if not handled properly. Owners must take responsibility for ensuring the safety of themselves, their horses, and anyone who visits the property.
- Zoning Restrictions: Horse properties are often subject to zoning restrictions that can limit the number of horses allowed on the property or dictate what types of activities are permitted.
- Location: Horse properties may be located in more rural areas, which can make it difficult to access urban amenities and services. They may also be located far from major highways or airports, which can make travel more challenging.
- Weather: Extreme weather conditions, such as snow, ice, or high winds, can make caring for horses and maintaining the property more difficult and potentially dangerous.
Owning a horse property can be a rewarding experience, but it requires significant time, effort, and financial commitment. Potential buyers should carefully weigh the benefits and downsides before making a decision.
Is It Cheaper To Build Or Buy A Horse Property?
The cost of building or buying a horse property can vary widely depending on a range of factors, including location, size, amenities, and materials. Whether it is cheaper to build or buy a horse property depends on the specific circumstances of each case.
Building a horse property can be less expensive in some cases, especially if the buyer has the skills, experience, and time to manage the construction process. Building a custom horse property allows the buyer to design the property to their specific needs and can be a more cost-effective option for those who require unique features or amenities that are not commonly available in existing properties.
However, building a horse property can also be more expensive in some cases, especially if the buyer needs to purchase land and develop the property from scratch. This can involve significant upfront costs, such as purchasing land, designing the property, obtaining permits, and hiring contractors.
Buying an existing horse property can be a more straightforward and cost-effective option for those who are not interested in the customization process. Existing properties may already have amenities such as fencing, barns, arenas, and pastures, which can save the buyer significant time and money in construction and development costs. In some cases, it may also be easier to obtain financing for an existing property, as lenders may be more familiar with the property's value and potential income-generating potential.
In summary, whether it is cheaper to build or buy a horse property depends on the specific circumstances of each case. Buyers should carefully evaluate their needs, budget, and available resources before deciding which option is right for them.
Do Horse Properties Keep Their Value?
Horse properties can be a good investment, and they can hold their value well over time, depending on various factors. The value of a horse property is affected by the location, size, amenities, and condition of the property, as well as the overall demand for equestrian properties in the area.
In general, horse properties in areas with strong equestrian communities and a high demand for horse properties are more likely to hold their value over time. This is because there will be a greater number of potential buyers interested in purchasing a property with equestrian amenities, which can drive up the value of the property.
Additionally, well-maintained horse properties with high-quality amenities such as barns, riding arenas, and fencing can hold their value well over time. These features can increase the appeal of the property to potential buyers and may justify a higher price tag.
Horse properties can be a good investment, but their value will depend on a range of factors, including location, amenities, and demand. Horse owners who are interested in purchasing a horse property as an investment should carefully evaluate their options and work with a knowledgeable real estate agent who understands the equestrian market in their area.
Will Banks Finance A Horse Property?
Yes, banks and other financial institutions may finance a horse property, depending on several factors. Lenders will typically consider the value of the property, the borrower's credit score and financial history, and the intended use of the property.
Horse properties can be classified as either a residential or commercial property, depending on the number of horses and the purpose of the property. If the property is primarily used for personal purposes and the borrower intends to reside on the property, it may be considered a residential property. In this case, the lender will typically evaluate the borrower's creditworthiness, income, and debt-to-income ratio to determine if they qualify for a mortgage loan.
If the property is intended for commercial purposes, such as boarding or breeding horses, it may be classified as a commercial property. In this case, the lender will evaluate the property's income-generating potential, as well as the borrower's credit score, business plan, and other factors.
It's worth noting that horse properties can be more challenging to finance than traditional residential or commercial properties due to the unique nature of the property and the potential risks associated with owning horses. Some lenders may require a larger down payment or higher interest rates to mitigate the risks associated with horse ownership.
While banks and other financial institutions may finance horse properties, it's important to do your research and work with a lender who understands the unique challenges and risks associated with owning a horse property.
The Dallas / Fort Worth Horse Property Market
The Dallas/Fort Worth horse property market is a dynamic and active market with a strong demand for quality properties that cater to horse owners and enthusiasts. The area is home to a thriving equestrian community and boasts a wide range of equine activities, including horse shows, rodeos, and trail riding.
There is a broad range of horse properties available in the Dallas/Fort Worth area, ranging from small acreage properties suitable for a few horses to expansive equestrian estates with all the amenities. Many of these properties are located in suburban or rural areas outside of the city centers, offering horse owners easy access to riding trails and other outdoor activities.
Some of the features that horse owners might look for in a Dallas/Fort Worth horse property include:
- Adequate land for grazing and exercise
- Secure, horse-friendly fencing
- Stables or barns with amenities such as tack rooms, feed rooms, and wash bays
- Riding arenas or round pens for training and exercise
- Access to nearby riding trails and parks
- Proximity to equestrian events and activities
The Dallas/Fort Worth horse property market has seen steady growth in recent years, with many buyers seeking out properties that offer a combination of country living and city amenities. Prices for horse properties in the area can vary widely depending on location, acreage, and amenities, with some properties commanding premium prices.
The Dallas/Fort Worth horse property market has a strong equestrian community and a high demand for quality horse properties, the market is expected to remain active and dynamic in the years to come.