Had my eye on a 60 acre tract last year just outside of San Marcos. 

When a builder or developer builds a house, they record the description of the land (perhaps a big tract of land encompassing a lot of smaller tracts of land) with the local recording office.

They beat the inflation.Now coming 2022, post inflation, this number is extremely hard to digest if actual inflation is 8%.Actual cap rate is now like 3-5% esp in low cap rat city.

Their grand dad bought a whopping tract of land back in the 20s and they have become bazillionaires from that land.

Is most of your work custom or tract housing?

Hi Everyone,Full Disclosure: I've been lurking in the shadows of the forums and digesting EVERY single episode of the podcast like audio crack for weeks now.This is me officially stepping out to say "hello".My name's Jon; I live in Atlanta, GA and my "profession" is in video production and A/V technologies. 

As long as the home appraises you are on the right tract. 

For instance, I can get a Cushman & wakefield study for $100 that gives me a fair amount of info on whether to move forward on a 5 acre tract, given the market demand and demographics in a 3 mile radius.  

Think architectural digest, interior designers and professional staging.

@Sean DolanI briefly read your reply and I plan on coming back to really digest it tomorrow (i'm on my way out the door).