Pecan Plantation Archives - FLYING Magazine https://cms.flyingmag.com/tag/pecan-plantation/ The world's most widely read aviation magazine Mon, 06 May 2024 15:57:41 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.4 Fort Worth Area Aviation Community Expands with Second Airpark https://www.flyingmag.com/fort-worth-area-aviation-community-expands-with-second-airpark/ Mon, 06 May 2024 15:57:27 +0000 https://www.flyingmag.com/?p=202284 A 4,200-acre former pecan orchard is now a Texas-sized fly-in community with a long list of amenities that includes two golf courses, equestrian centers, and a marina.

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Pecan Plantation— a 4,200-acre, master-planned development consisting of two airparks—dates back nearly 50 years. The community’s newest project, The Landings, is perhaps its most popular addition yet. 

Zach Milton, land consultant for The Landings, provided FLYING with a look at the popular fly-in community in Granbury, Texas, which USA Today has named the No. 1 historic small city for three years in a row.

“I work for Patten Properties, which is a third-generation land developer,” Milton said. “We’ve done over 700 acreage communities across 36 states over the last 45 years or so but have never really done an airpark.

“The Anthony family owns Pecan Plantation. They have owned it since the 1940s, when it was the largest pecan orchard in the country. Then in the 1970s they started putting in amenities and a few hundred homesites on the land. They put in a marina on the lake, and they established a golf course. Then they put in the original runway, 0TX1.”

Pecan Plantation sports around 3,000 homes, which includes around 400 lots between its two runways (0TX1 and 66TE). 

A hangar home at Pecan Plantation. [Courtesy: Pecan Plantation]

“The newer airpark here is The Landings, which is the one that I’m selling now,” Milton said. “We’ve got another two or three phases to go, and right now on the market, we have 30 or so lots that are available. Then there are probably another 30 or 40 that are not released yet. We’re moving from north to south and in phases, and have sold about 108 lots in the last year and a half.  I’d say we sell about 10 to 20 lots a month, which from my understanding, is far and away the fastest-selling aviation property in the country. So, we’re extremely proud of what we have.”

Milton, who routinely markets these runway homes at annual aviation gatherings like the Sun ’n Fun Aerospace Expo (Lakeland, Florida) and EAA AirVenture (Oshkosh, Wisconsin), knows why aviators have been so receptive to The Landings. He explained that the community strikes the perfect balance between aviation and nonaviation amenities. 

“[One of the things that buyers find attractive] is that Pecan Plantation has more than just one airpark,” he said. “We’ve got the two airparks, so it’s a very active community. And we have EAA Chapter 983 here, which is one of the few gold-rated chapters in the world.

  The real appeal here is that it’s an amenity-rich community. It’s already well established with parks, pools, gated entrances, security, as well as fire and EMS services. We’ve even got a grocery store, gas station, pharmacy, bank, hardware store, equestrian centers, and two golf courses on site. There is also a marina with access to Lake Granbury, plus three riverfront parks with access to over 15 miles of the Brazos River.

“So, you can fly in the morning, golf 18 holes in the afternoon, go boating at sunset, and enjoy dinner at the clubhouse, all within a golf cart ride away. It’s basically a $199 a month HOA and then another $55 a month for the airpark. Everything is in that cost. We are only 35 miles from Fort Worth, so for most folks, it’s a pretty good deal and checks a lot of their boxes.”

Milton said that the relative proximity to the Dallas-Fort Worth metro area is a positive attraction for career pilots who fly from area airports. Some buyers have even planned well in advance for their retirement, snapping up lots years before building their dream hangar home.  

“I’d say most of our buyers are from outside the DFW area, including a lot of airline pilots who are relocating from all over the country and are looking to live in an airpark,” he said. “A big buying base for us is folks that are starting to plan their retirement, and they’re getting their lot picked out and locked down. They’ll take the next few years to meet with builders to dial in their plans and look forward to the future. We’ve had people move here as far as Washington state, Miami, New York, Canada, and Costa Rica. We’ve even had somebody from Thailand come.” 

One of the development’s golf courses. [Courtesy: Pecan Plantation]

He advised that all homesites have existing underground utilities.

“You can use any builder here,” he said. “There is a 2,000-square-foot minimum (living quarters), and there is no time frame to build. So, a lot of people are buying lots just to hold, getting their money out of the stock market, just to hold the land for the future. We have a handful of people who already live here and are buying property as an investment. They’ve seen when The Landings was first brought to market 10 years ago and 1-acre lots on the west side of the runway were between $75,000 to $100,000. Now, the taxiway lots start at $189,900 while direct runway lots are in the mid $300,000s (only four direct runways remain).”

Michael Mills,  one of The Landings’ newest residents, owns a Cessna 182, his dad’s former aircraft. Mills learned to fly in the aircraft and has completed a tip-to-tail restoration, sparing no expense since assuming its ownership several years ago. Living alongside his aircraft presents a novel way of life for the longtime pilot. 

“I lived in Colombia and wanted to move back to the United States,” Mills said. “But I was tired of paying hangar rent, so I knew I wanted to move to an aviation community. I was surfing the web one night looking for places in Miami, actually. Then a Pecan Plantation ad from Zach popped up in my Facebook feed. I called him at 11 p.m., and he answered.”  

Mills and his wife had the opportunity to check out the community in November 2022. Texas wasn’t on their initial list of places they considered moving to, but they were sold as soon as they visited Pecan Plantation for the first time.

“We closed on the lot in January of 2023 and just moved in a few months ago,” Mills said. “So, everything is finally coming to fruition. I’ve been busy working, but everybody here seems pretty friendly, and we really enjoy the amenities here. One thing I enjoy is the fact that I can walk out my back door and be in my airplane in the same amount of time that I could be in my car. I really like flying to new places around here for lunch. I haven’t yet done a lot of flying in Texas, so I am still learning the lay of the land and where good food is.”  

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Becoming an Aviation Real Estate Agent https://www.flyingmag.com/becoming-an-aviation-real-estate-agent/ Mon, 29 Jan 2024 21:15:25 +0000 https://www.flyingmag.com/?p=194036 John Naugle has discovered a unique way to combine his interests.

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When John Naugle of Lewisville, Texas, first stepped foot into the cockpit, he had no idea aviation would become intertwined with his career and passion—real estate. Now, only a few short years later, Naugle has become a respected member of the aviation real estate industry, focusing on representing buyers and sellers of residential airpark properties in the red-hot Dallas-Fort Worth area.

“My background is property management, and I worked in the apartment industry for a long time,” Naugle said. “Then three years back, I got licensed in real estate, and at that time I was a student pilot. But I started out just doing traditional residential real estate. Then I met a gentleman named Russ Keith, who lived right across the street from my mom. One day I was walking my dog with my wife from her house, and I noted that Russ was in his garage working on an airplane. I go, ‘What’s going on here?’ He told me that he is a pilot and is building a little two-place biplane. Lo and behold, I look over and see that he is also in real estate.” 

Naugle was surprised that his longtime neighbor was interested in the same things he was. What were the chances? The two hit it off immediately.  

“At the time, I had recently started a group called Airplanes and Coffee with Mike Roberts, who was the person who first got me into aviation,” Naugle said. “I had found out about Cars and Coffee and thought it would be great to do something similar, where a group of friends meets up at the airport once a month to hang out and talk about aviation. I invited Russ to one of these events, and the next thing I know, he’d become a well-established part of the group, and I started working for him at his company, Boomtown Brokerage.” 

Naugle finished up his private pilot training shortly after making the move to the new company. After joining forces, the two pilots decided to shift much of their daily focus to the niche industry of aviation real estate almost exclusively. 

“We have sold a lot of property out at Thompson Field (1TA7) in Canton, Texas, over 30 lots there last year and basically finished up that community,” he said. “Now we have another community that we are the exclusive team selling runway lots, Aero Village in Krum, Texas. The neighborhood, which consists of 14 homesites, is based around Bird Dog Airfield (E58).

“We have just been rocking and rolling and having a lot of fun selling airpark homes to pilots and trying to save these communities from nonpilots moving in that don’t care about the runway or aviation focus. They just want to use the hangar for cars, or whatever else. It is a huge benefit as pilots to help get other aviators into airparks.

“Not only can we travel to all of the airpark communities around quite easily, also having the same experiences as our clients is important. Some pilots really care a lot about having a paved runway; others are fine with a grass strip or even prefer one. There are so many differences in airparks around here, not to mention the differences between airparks and traditional neighborhoods. We understand the different types of fly-in communities and the homes there, which we can communicate well to our potential buyers.” 

Naugle pointed out that Texas is a great place to be involved in aviation real estate. And he said it is an exciting job for him to understand the diverse fly-in communities nearby and showcase them to others. 

“Here in North Texas, there is a huge population of not only pilots but also airparks,” he said. “We have a lot of transplants from out of state that are interested in property here. DFW is booming, and a lot of people are getting jobs around here and want to be within an hour of Dallas Fort Worth International [KDFW] or Love Field [KDAL], for example, and we do our best to help them find that right home.”

Naugle provided a brief overview of some of the airparks in the area:

Pecan Plantation (0TX1)/The Landings (66TE)

Pecan Plantation offers a unique opportunity to live in one of the most amenity-rich communities in Texas. It features a full-service clubhouse, activity center, pools, golf, tennis, marina, equestrian center, riverside parks, and access to Lake Granbury. It has two airport runways, and both airparks are in the same enormous community. The Landings is the newest section and is currently selling lots.

Airpark Dallas (F69) 

This airpark community is located in the heart of Plano, one of the most desirable cities in North Texas. World-class shopping and entertainment are just a stone’s throw away from this marvelous community. 

Eagles Nest Estates (T56)  

This is one of the most active flying communities in the entire DFW area. You can find groups of pilots flying together in formation almost daily. 

Propwash (16X) 

Between its gorgeous 3,000-by-60-foot asphalt runway and the number of warbirds that call this airpark home, this community is a local favorite.

Hidden Valley Airpark (5TX0) 

Hidden Valley Airpark is one of the premier fly-in communities in the country. This beautiful 300-acre gated-community offers families a unique landing place to call home.

Naugle advised that he has learned a lot from his business partner, Russ Keith, both about real estate and aviation. The two can routinely be seen flying in North Texas in a Cessna 172 and are always happy to lend a helping hand to those looking to capitalize on the dream of living alongside their aircraft. 

Russ Keith (left) and John Naugle. [Courtesy: John Naugle]

“Russ has over 30 years of real estate experience, so he has a huge following,” Naugle said. “He went from zero flight time to CFII in only 102 days. I love to harp on that because that’s pretty unique. He’s just a swell guy, and I’m really grateful to be partnered up with him.

“Being active in the aviation community is super helpful for our business. We are always at fly-ins or hosting fly-ins with Airplanes and Coffee, and are active with several different aviation groups. We also travel to Sun ’n Fun in the spring and EAA AirVenture in the summer each year. Outside of that, we regularly go to these aviation communities and are friends with the pilots there. We love what we do, so jump at the chance to go check out a new hangar home or go see someone’s new airplane. Really being completely involved with aviation is what it is all about for us and keeps us in the loop.”

Living alongside your airplane is a dream come true for many. Naugle leaves a parting thought for pilots who may be considering joining the airpark lifestyle: “Do it! The most common regret we hear from clients is how they wish they would have made the decision sooner. If you love flying and spending your time around aircraft, there is no place better to live than an airpark.”

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