A recent article from the Wall Street Journal notes the land crunch being felt in southern California and throughout many other populous areas where land is at a premium. This is in direct contrast to the plentiful land available in Texas.
"Faced with a dearth of developable land, home builders across Southern California are cramming more houses into less space," said the Wall Street Journal. "Many are dispensing with the single-family homes that have defined the region's development for half a century. In their place they are building somewhat smaller structures in the form of townhouses or pairs of homes that share one wall.
This contrasts with the rest of the nation, where homes are for the most part getting bigger after shrinking a bit during the housing bust. The average size of a new single-family house grew 5.4% to 2,642 square feet in the second quarter from a year earlier, led by fast-growing housing markets in Texas and several Southern states, where land is relatively inexpensive and plentiful."
Master-planned acreage communities in Texas offer buyers another solution with land for purchase and the ability to build a custom home to exact specifications. Texas master-planned communities from SouthStar Communities offer available land in the most desirable areas where buyers can use their builder of choice and build on their timeline.
SouthStar Communities has a long history of developing communities in and around the cities where people most want to own land and live. The company's smart planning has given land buyers a great opportunity to take advantage of stellar market conditions and low rates to make their dream of land ownership a reality near Texas' three most thriving cities: Dallas, Austin, and Houston.
The Dallas Morning News recently noted booming North Texas' "banner year for real estate" in which "veteran real estate agents say they’ve never seen a busier home sector, with buyers lining up for listings and prices rising at double the average long-term rates. Builders are rushing to keep up with demand for new houses," they said.
The upswing extended to land sales, with communities like Lake Ridge experiencing increased traffic and sales as buyers in search of prime Texas lake property discovered all the advantages of living near the lake without losing a convenient DFW location. Dallas' strong economy also earned the city the No. 2 spot on the Austin Business Journal’s “On Numbers” report thanks to its hot real estate and energy sectors.
Prime Texas lake property at Lake Ridge include homesites in The Summit, an exclusive neighborhood with 30-mile views, towering trees, and the highly rated Midlothian School District; the Sanctuary offers a gated neighborhood with some of the most desirable lake real estate in North Texas; current specials at Lake Ridge also include newly released lake view sites from $39,900.
For more information on land available in Texas and building a custom home at Lake Ridge, visit Lake Ridge.
Austin, where SouthStar Communities’ new corporate headquarters is located, is within commuting distance to the company’s flagship community, Vintage Oaks in New Braunfels. Vintage Oaks was named “the fastest growing community in the Hill Country" for 2013 according to Metrostudy, a national housing market research firm. With a location right on the Texas Wine Trail and view properties ranging from one to 14 acres, it's easy to see why the community sold a record 125 homesites in 2013.
Vintage Oaks has long been the favorite community of the Texas Hill Country. This year, increased sales and continued buyer demand have led to new property releases and neighborhood openings including: Silver Oaks, with one- to two-and-one-half-acre view properties within walking distance to many of Vintage Oaks’ amenities; Champagne Hills, Vintage Oaks’ first gated community in more than two years, offering a private location and some of the most spectacular Hill Country views; Vineyard Ranch, which will offer larger estate lots ranging from five to 14 acres; and The Reserve, which will offer land buyers a unique opportunity to purchase a one-acre homesite featuring a range of home designs for quick move-ins.
For more information on land available in Texas and building a custom home at Vintage Oaks, visit Vintage Oaks.
Houston was No. 5 on the "On Numbers" report and was second in the nation for new jobs in 2013. Continued impressive real estate gains in Houston have increasingly made moving to Bryan-College Station and building a custom home on a prime piece of Texas land a reality. And when that happens, SouthStar Communities’ King Oaks is the obvious choice.
Convenient to Houston but with a scenic, uniquely private location, King Oaks is Bryan-College Station’s favorite community, with expansive acreage property in a top Texas location. With great proximity to Texas A&M’s athletics and activities and a private, country feel, King Oaks is the solution for those looking to buy a prime piece of Texas land and build a custom home near Houston.
King Oaks currently offers land available in Texas with expansive properties from $39,900 with the added value of 1.84% total taxes, with no city taxes.
For more information on land available in Texas and building a custom home at King Oaks, visit King Oaks.