Texas’s abundance of warm weather and spacious acreage have drawn millions of Americans to settle their boots in the Lone Star state. If you’re one of those seeking out land for sale in Texas, you may have been inspired by the rural lifestyle unique to the state with opportunities to hunt and take sanctuary from urban life.
Additionally, there is the freedom to develop housing and contribute to Texas’s urban growth.
No matter your reason for pursuing Texan land, understanding the cost and value of owning land in Texas can further refine your decision-making process and lead to obtaining the best possible outcome for yourself.
Texas acreage has historically been more affordable than other states’, yet there has been an overall statewide price increase within the past few years. Texas’s average cost of land is $3,251 per acre in 2021.
The prices do vary, however, by thousands of dollars across Texas regions:
Although the land for sale in Texas is not the most inexpensive in the country, it is not unaffordable. Compared to states like California ($39,092 per acre) and Florida ($28,961 per acre), Texan landowners believe the flexibility and ample opportunities their land offers match or exceed its price value.
Depending on what you are looking to do with your land and how well that will coincide with the weather and lifestyle of Texas, purchasing land for sale in Texas can be a worthwhile investment that can reap lifelong benefits.
The 33.17% of property transactions since 2020 proves that demand is high and not without reason. The widespread desire to own Texas acreage stems from the numerous ways the land can be used and invested.
Here are some of the advantages of buying land for sale in Texas:
The process of finding and purchasing land for sale in Texas can be pretty straightforward; brokers and investors alike can browse Texas land for sale right here on MyEListing.com's website completely for free.
Deciding what you will use your land for will be necessary in your search for the right broker, sufficient land loan, and proper financing plan. There are differences in location, development, and access that you should distinguish before moving forward.
The majority of Texas’s privately owned land is rural working land, including ranches, farms, and fields. Some may use their land as a retreat, a farm for a business, lease, or build urban developments either for themselves or the sake of profit.
You should ask yourself the following questions to clarify what you're looking for:
Having a clear idea of what exactly you will do with your land will create a seamless process for you when communicating with brokers and financiers.
If you’re looking to buy land for sale in Texas, you should search for a broker based in or heavily experienced in dealing with Texas property. Additionally, you should utilize the specific characteristics that you’re seeking in a property to refine your search.
For example, if you intend to buy a ranch, seek out brokers who specialize in buying and selling ranches.
Your broker should be a great listener and be in tune with your distinct needs when it comes to your new acreage. They can consider how close metropolitan areas are, zoning capabilities, utility access, the value of the land, and agricultural potential.
Make sure to check out testimonials and reviews of your prospective brokers and ask for references. Brokers can also help you find the right financing and fight for the most advantageous deal that can be offered.
Purchasing land is no small deal and your diligence in finding the proper help will give you the best chance in acquiring exactly what you’re looking for.
Continue to consult with your broker as you start locating financing. Your choice for a land loan and lender will be determined by the characteristics of the property you’re looking at.
Although land loans can be less straightforward than other estate loans, your defined, intended use and your choice of an experienced broker can propel you towards investing in the rural land of your dreams.
You can use MyEListing.com's free search engine to browse & list land for sale in Texas. Set up customized property type notifications and enhance your search with advanced filters.