This has got me thinking if my cash would be more valuable out of state.

This is really a better question for your accountant first because it depends on what you are trying to offset.

This can be a compromise if not aligned with long-term vision.

. :) We homeschool and I'm planning on making this a family business.

But, nothing of this really should matter.

The mid range is around $1950.

I am working through this structure with a number of clients right now from a tax perspective.I highly recommend Mark Fetzer at KKOS - I work with him often on these clients and he is set up to advise in Texas.

If it's newer than 1973 for a property this size, he recommended checking out Farmers Insurance. 

This allows you to postpone tax liability until you sell the new property without a subsequent exchange.2.

So set this up n phases so they can vote smaller chunks.