(Newswire.net — April 1, 2022) — It is said that there are pros and cons of living in Texas and everything is bigger in Texas and land is no exception. Texas has the most privately held property of any state, making it a desirable location for land speculators. In truth, the government owns just 5% of the land in the Lone Star State. Bbeing the largest state in the Lower 48, you have plenty of options when it comes to land. So, where can you locate the greatest Texas residential land for sale?
Shania Brenson, the financial expert and CEO of 15M Finance say that, if you’re looking to buy land in Texas, there are a few things you should know.
First, there are two types of land available: agricultural and residential. Agricultural land is available for purchase from the state of Texas, but residential land is sold by local government entities.
Second, there are different ways to buy land in Texas depending on where you want to live. If you want to live near a major city like Dallas, Houston or Austin, then you’ll need to buy from the county or city that covers that area. But if you’re looking for a more rural lifestyle and don’t mind being far away from any big cities or towns (and who doesn’t love living out in nature?), then buying from the state might be right for you!
Where Can You Buy Land in Texas?
In the Lone Star State, it’s not hard to combe by good residential properties for sale. You’ll also discover plenty of land in Texas. Knowing where to acquire land in a state with over 15.77 billion acres of usable land can be difficult. Especially if you’re looking for coupland acreage. Do you want to know how to acquire land in Texas? Let’s have a look at the most popular regions in the state.
Texas’s Northwestern Region
The Dallas/Ft. Worth metroplex, which is a key economic driver for the state, is within a few hours’ travel of most communities in North Texas. In DFW, there are two significant rivers: the Brazos and the Trinity. Due to continuing urban expansion, land values in this area are increasing.
Land prices in North Dallas and areas north of the city, such as Plano, will be exorbitant, but you’ll discover more affordable options in nearby cities such as Arlington and Lewisville. These lots are perfect for a home but don’t expect to find any with more than a few acres.
Texas’ Heartland
Land purchasers choose Central Texas because of the undulating hills and abundant water. Hill country is centrally positioned between Austin and San Antonio, two of the state’s most populous cities. Houston and Dallas are both only a couple of hours away by car. If you’re seeking land more centrally located in the state, Mason or Kimble Counties are your best chances.
West Texas
Are you looking for some undeveloped acreage in Texas? Go to West Texas and see what you can find. Big Bend Ranch State Park is Texas’ biggest state park. Located near the Rio Grande River and El Paso, the Guadalupe Mountains National Park is also located west. Land is inexpensive out here, so do your homework before you buy. It may be more difficult to flip residential property.
Panhandle of Texas
The Panhandle, located in northern Texas, is surrounded by vast plains and is only a short drive from Colorado. Some of the country’s largest American ranches, such as the 3 million-acre XIT ranch, are located in this section of the state. The Panhandle’s Llano Estacado and Palo Duro Canyon regions have lots of land available.
Gulf of Mexico
Some of the largest cattle ranches in America may be found in southern Texas. This area of the state, which borders the Wild Horse Desert, is a popular hunting destination.
The magnificent Gulf Coast, of course, can be found in the state’s southernmost region. If you’re seeking a place to call home, this area’s seaside properties are ideal. Land may be found in places like Corpus Christi, Laredo, and Houston, to name a few.
Do Your Research
If you’re thinking about purchasing residential land in Texas, you should do your homework beforehand. You can discover land in any of the above-mentioned places, and your investment could provide a substantial profit. However, growth in the region as well as the local property market must be taken into account. In Texas, there are several rural locations but not all of them are suitable for residential land investments.
Areas near large cities such as San Antonio, Austin, Dallas, and Houston are excellent possibilities. These cities are the state’s primary economic engines and demand for land in those places will continue to climb as the state’s population grows.
However, there are certain locations that are better than others, even inside or near major cities. Consider the ease of access, the presence of utilities on-site, and if the property is even buildable. Vacant and undeveloped land that is difficult to reach is a far better choice than lots that are easily accessible and already have utility connections on the property.
With billions of acres of property available in Texas, you’re likely to discover a residential lot that meets your demands and fits your budget if you do your homework.