Austin ag property pure real-estate play?

Boggy Creek FarmBoggy Creek Farm is featured in today’s WSJ and described more as a prime historic property of substantial size than as a working organic farm: “Where Whole Foods Shops: A historic house on Boggy Creek Farm grows organically in Austin” (byline Katy McLaughlin).

[Before going on to say more about Boggy Creek, since Whole Foods is mentioned in the Boggy Creek subtitle, I’d like to be clear that IMHO it’s no accident that most Austinites have not bothered to comment or blog generally about the recent John Mackey opinion piece on health care, also in the WSJ. Enough of us know people associated with WhoFoo or even Mr. Mackey himself to have formed opinions about this piece. It is of some interest that there are those around the U.S. generally who have not taken kindly to what Mr. M wrote and who state that, as a consequence, they intend to take their business elsewhere (see Facebook page, e.g.).]

Included in the article on Boggy Creek Farm are detailed physical descriptions of the old farmhouse, plus the price originally paid for the farm, what it might have brought at the height of the boom, and speculation about what might be a probable sale price at this time. There’s some discussion of agricultural productivity, coupled with a passing mention of what the per-hour return on the owners’ labor has in the past been calculated to be.

The article in print form is accompanied by three black-and-white photographs; the on-line version shares with us a nifty little color slideshow. Let us hope that the appearance of this article is not a consequence of our drought.

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