The Nisbet family laid down roots in Texas when Alfred and Helen Nisbet arrived in San Antonio in the 1940s. Alfred was the second Ophthalmologist by 6 months to arrive and a bank refused to loan him $100 to buy a car, saying that San Antonio could not support two eye doctors! Ironically, years later he was in a group bidding to buy that very same bank.
When Helen Nisbet obtained her Real Estate Broker License in the 1950s, she became the second female ranch broker in Texas. Attending Stanford University at age 15, graduating at 19, and having gone through and survived the Great Depression, she knew a great investment when she saw one: The Nisbet family bought their first ranch near Sisterdale in Kendall County in 1952 and sold this ranch to buy one on the NE edge of San Antonio where they lived for many years. They subsequently purchased another ranch as an investment on the NW edge of San Antonio and then one just south of Medina Lake that is still owned by a family member. Helen Nisbet worked for years finding ranch investments for renowned San Antonio land developer David Miller and then when David Miller retired, for Aaron Mandel.
David Nisbet, son, joined his mother in the real estate business in the 1970s and started investing in ranches with a partner and alone soon thereafter. What followed was a very successful 40-year campaign of buying and selling ranches as well as 100s of millions of dollars in retail ranch sales.
Our very successful formula is this: we put under contract an investment ranch for our equity partner, then assign it to him, roll up our sleeves and do the TLC needed and as quickly as possible put the ranch back on the market and sell for a profit.
Examples of our activities in recent years include contracting 717 acres aka “Cordova Bend” with over 5 miles of frontage on Canyon Lake that we assigned to our equity partner (Red McCombs) who brought in a developer, lot sales continue and we all benefit from each sale. We did the same thing with our 2,287 acre Live Springs Ranch near Kerrville which has all been sold.
Some of our other recent very successful acquisitions and equity partner financial successes include the 2,282 acre James River Ranch with ownership of both sides of the river, the 1,560 acre Reunion Creek Ranch which we sold off in two parcels and many others.
Our ranch investments have ranged from $1 million to $8 million when we purchase them… we have bid on two $50 million ranches and one $350 million ranch project but did not succeed in buying them.