We run cattle (about 35-40 cow/calf pairs) on 300 acres of family land that 50/50 pasture and woods about 100 miles west of you. Main goal of our operation is to maintain property ag exemption/pay taxes and upkeep/ maintenance of the jointly owned land. A relative who lives next to the property looks after the place and cattle. He is given compensation for his daily efforts and the others pitch in when there is a lot of work (working cattle, building fence/corral, etc) to be done. Typical profit before compensation is between $25 - $40/acre on that 150 acres of pasture land. Better herd and grass management practices would increase those number quite a bit but we are happy with that considering the level of effort.
In Nacogdoches I would probably just get a timber management plan, plant pines and let the next generation deal with it.
Here are some of our Frenchy's, we had our RV up that weekend and the were intrigued to say the least by the generator.