Ads
related to: bank owned land for sale in texas by county
Search results
Results From The WOW.Com Content Network
Blighted land in Philadelphia. Land banking is the practice of aggregating parcels of land for future sale or development.. While in many countries land banking may refer to various private real estate investment schemes, in the United States it refers to the establishment of quasi-governmental county or municipal authorities tasked with managing an inventory of surplus land.
The Texas Pacific Land Corporation is a publicly traded real estate operating company with its administrative office in Dallas, Texas. Owning over 880,000 acres (3,600 km 2 ) in 20 West Texas counties, TPL is among the largest private landowners in the state of Texas .
Greer County, formed in 1860. Separated from Texas by U.S. Supreme Court ruling in United States v. the State of Texas, 162 U.S. 1 (1896) and is now part of southwestern Oklahoma. Perdido County, formed in 1824 and forgotten during the upheavals of the 1840s. Perdido was reportedly abolished in 1858 and again in 1871.
The same day, the GLO also announced that it had purchased the 353,785-acre Brewster Ranch in Brewster County, adding to the approximately 13 million acres of existing state land owned by Texas.
The General Land Office's main role is to manage Texas's publicly owned lands, by negotiating and enforcing leases for the use of the land, and sometimes by making sales of public lands. Royalties and proceeds from land sales are added to the state's Permanent School Fund, which helps to fund public education within the state. [2]
The land was originally a cattle ranch and was purchased by Martin and Smalling from Austinite Tom Kouri (1924-2007), [20] who raised cattle on the land and was an astute real estate investor, and for whom Kouri Avenue in the development was named in his honor."