People who are in search of Texas ranches for sale usually have the idea of turning the place into a cattle ranch, a horse ranch, or even a hunting ranch. One thing that most people overlook is the possibility of running a winery right out of their property. But is it a good idea? Can wine be made with grapes planted in the area? We have taken the time to gather some information on why this is absolutely a good idea.
- Popularity: Recently, Texas wines have been gaining traction. Texas Hill Country, for example, is one of the top 10 wine destinations in the world, so it is safe to say that the area is becoming very popular among wine lovers. This is because the soil quality is so great and the weather is friendly towards growing grapes. It can be a great idea to start in this now, before popularity increases even more and the prices of properties go up.
- Better than Cotton: Cotton is a popular crop in Texas, but it is being surpassed by wine. It is important to know that just one acre of grapes can bring in as much revenue as up to 40 acres of cotton without needing nearly as much water. The cotton market is also not as reliable as it once was, while the wine business always is. Just in 2013, up to $2 million were created by wine and grape production, rising above cotton, which reached $1.9 million.
- Things to Keep in Mind: Not every Texas ranch for sale is the best for growing grapes. Some regions are better than others, so it is important to test the soil and ensure that the right conditions are present to grow quality grapes. You also need to make sure that you have a great irrigation system set up and that there are no diseases that can attack grape production in the area. Have the soil’s pH testes, since this will have a huge impact on the quality of the grapes. You will also need to choose which type of grapes you will want to grow. There are many options and they all of them have different flavors. Be ready to purchase many trellises and canopies to train the vines to grow how you want them, and know that you will have to have at least $10,000 per acre set aside for start-up costs.
Although learning to grow a vineyard can take some time and hard work, it can be very rewarding for people who love wine and who want to make a profit out of it. Texas offers all the right conditions to make this dream a reality, though you will have to be willing to invest just a bit more into the property to turn it into a quality winery. If you want to start a winery, then start searching through Texas ranches for sale to have the best chance of succeeding. With the right real estate company like Ranchland/ Mason & Moorse, you are sure to find exactly what you need without too much stress.