There are plenty of ways to find acreage for sale in Texas. A simple internet search will turn up hundreds of results, each offering great deals on gorgeous pieces of Texas land. But an investment in raw or relatively undeveloped land is not something to be taken lightly and a return on such an investment is never guaranteed. In fact, if you’re simply looking to turn a profit, unless you’re an experienced land developer with the resources and expertise to build on and sell this land, you may want to reconsider such an investment. But if you’re looking for a comfortable piece of acreage land for sale in Texas on which to retire or start a family, you’ve come to the right place.
Historically speaking, buying undeveloped land is actually a relatively decent investment. Again, no return is ever guaranteed no matter how much research or expertise you have. But the combination of a generally increasing population, the finite amount of available land and the fact that it doesn’t really ever go bad or wear out (depending on how you use it) makes acreage land one of the less-terrible things to spend money on.
If you’re looking for the comfort and sheer enjoyment of owning your own Texas acreage, here are some tips and considerations the land experts here at Southstar Communities have found helpful over the years. (More than 60 years, to be precise. But who’s counting…)
Things to nail down beforehand:
Depending on location and various economic forces, buying land and then building on it is usually more expensive than buying an existing structure. Unless you’re planning to do the construction yourself, most people end up spending more than they think they will. So make sure you know exactly how much you can afford and try to plan out every detail. If you’re not an expert on these things, talk to one.
Before you even begin to think about looking for an actual acreage for sale in Texas, you need to know exactly what you want your land to do for you. Are you raising a family? Will the house you’re building be the right size in 5 – 10 years? Do you have horses? Do you want to be able to see the sun set? Do you want to be near water?
You also need to know what your long-term plans are for this land. Land that you plan to sell someday will need different things than land you plan to pass on to your grandchildren. Do you want to lease it out for farming or timber? Do you want to let other people keep horses or cattle on it? Do you want to slice it up and let other people build on it? All these things should influence the kind and size of acreage you look for.
Other things to consider:
Buying directly from a developer instead of an individual.
Developers buy in bulk and get wholesale prices. They’re also usually experts in selecting and negotiating the best kinds of acreage properties. You know they won’t buy land unless they think it will sell, so you can at least know they’ve done some homework. Whether it applies to you and your needs is another matter entirely.
Hiring an appraisal service and title company.
There are a million details that can make a property deal go bad. If there is a lien or other legal restriction on the property, you could spend money on something you’re not allowed to own. Having a professional look into the tax and ownership history could save you big time. This is another reason going through a developer makes sense.
Local Regulations and Restrictions
The use of land is controlled by the city in which it’s located. So you’ll have to go through city hall to apply for licenses to do just about anything. Depending on how that city is structured, you may have to deal with officials in half a dozen different offices. Some local issue that could trip you up might include, but is not limited to:
- Utilities (septic, water, electricity, gas, trash, etc.)
- Local growth and real estate trends
- Construction inspection
- Future government planning
The point here is that you may want to get some additional help or at least make an appointment with a city official or new construction expert to make sure you’ve got all your ducks in a row.
Finding quality acreage land for sale, especially in Texas, is time consuming and risky. But the pay off in terms of freedom, happiness and general quality of life for you and your family is enormous. Owning land is a worthwhile pursuit and we applaud your desire to tackle it.
If you have any questions or want to get more advice, don’t hesitate to contact one of the many land experts at Southstar Communities.