Why It Pays To Buy Land in Texas

by Laura Mueller

Considering buying Texas land for sale? There are lots of reasons to make an investment in the Lone Star State, where everything really is bigger — including your opportunity for a great deal.

Because it’s so large, Texas has quite a diversity available when it comes to the types of land that you can buy, with certain financial incentives for those who purchase land for agricultural or wildlife preservation purposes. Below, we’ll go over what you need to know about those incentives, plus two other reasons that buying land in a Texas is a good idea.

1. There’s No State Property Tax

Property taxes in Texas are assessed and administered on a purely local basis, meaning that regardless of where you live in the state or what you’re using your land for, you’re not going to have to worry about a state property tax. That can save you thousands of dollars per year on your land investment, with the added benefit that since the property taxes that are collected are all used locally, you’ll actually get to see your tax dollars at work. Another advantage: Texas is one of the few states where you also don’t have to pay an income tax.

2. Generous Tax Exemptions

While we’re on the topic of property taxes, let’s talk exemptions — because Texas has quite a few of them. Notably, special use appraisals that can lower the local property tax burden on land that is used for agriculture, timber, or wildlife management. The exemption isn’t a guarantee — you have to show a “productivity value” that benefits the locality in some other way — but it can be a major boon for those looking to invest in agricultural land without incurring major tax-based expenses. Other property tax exemptions in the state include those for disabled veterans, as well as for the surviving spouses of first responders, among others.

3. Development Opportunities

There’s less red tape in Texas than there is in other states when it comes to doing what you want with your property. The reason for that goes back to the state’s local-focused control. Instead of requiring widespread oversight of development on raw land, Texas land owners only need to get approval for their plans from local authorities. If you have a good case for how your proposed land use might benefit the municipality you’re invested in and you’re not up against any barriers like zoning regulations or easements, you should have a pretty easy time getting the approvals that you need.

Buying Texas land for sale is a great choice for anyone looking to invest further in the land market — or invest for the very first time. Whether you’re looking for city or country, coastal properties or properties up in the mountains, agricultural land or land for commercial developments, you’ll find a lot of options and a lot of incentives for choosing the Lone Star State. And to ensure that you get the best deal possible, work with a local agent who can oversee the process and assist you in navigating any tax exemptions that you might qualify for.

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by Laura Mueller

The Lone Star State is known for a lot of things, including great barbecue, live music, and of course, vast amounts of wide open land. Buyers who are interested in buying land in Texas have a lot of benefits on their side, especially those who intend to invest in agriculture, timber, or wildlife preservation. So if you’re still weighing your options, here are six reasons to take the leap and buy some Texas land.

1. Diversity of Topography

Texas has it all: mountains, lakes, arable fields, cities, burgeoning suburbs…. Simply put, whatever your intentions are with your land purchase, you should be able to find a plot that will allow you to do it.

2. Population is Booming

If you’re looking for Texas land as a residential or commercial developer, then you’re in luck. The state is the fastest growing in the entire nation, adding hundreds of thousands of new residents per year. That means a lot of opportunity for any land investor who wants to put their money into housing, commercial building, or other consumer-facing developments.

3. Tax Benefits

Texas land owners who use their properties for timber, wildlife preservation, or agriculture—including pasture and grazing land—are eligible to qualify for a property tax exemption courtesy of the state. Farming land in Texas also qualifies for a Schedule F exemption on federal income taxes, which allows land owners to write off expenses for things like interest and improvements on the land.

4. There’s a Lot of Space

Everything is bigger in Texas, and that often includes the size of available properties. Outside of the population heavy metro areas are expansive tracts of land that may be ideal if you’re interested in investing in certain types of land uses that necessitate lots of space, such as recreation or residential development.

5. Unique Financing Opportunities

Texas has a number of special lenders who are specifically dedicated to financing the purchase of the state’s rural land. While it’s not a guarantee, if you do your research and connect with the right local lender you may be able to enjoy financial incentives on rural Texas plots, such as lower interest rates and less money down.

6. Farmers are Welcome

Texas’ population may be growing, but its use of farm land isn’t. Between 1997 and 2012, the state lost more than one million acres of farm land to other uses. There’s a need for private buyers to invest in the state’s agricultural and ecological infrastructure, hence the tax and lending incentives associated with these pursuits. If you want to farm, you’ll find plenty of opportunity and encouragement to do so in Texas.

There’s a lot to love about the Lone Star State, and that goes double if you’re a land buyer. If you’re considering buying land in Texas, there are a lot of good reasons on your side to do so. As always, just be sure that you work with a qualified real estate agent who has experience working in the specific market you’re interested in. This way, you can be sure to get the best possible deal on the best possible piece of Texas property.

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Investment properties are an excellent way to diversify your portfolio. By choosing to purchase land, you are increasing your flexibility in an every changing market. Land in West Texas is currently available at incredible prices. The property in Texas, especially Texas ranch property, is now at such incredible prices that you can finance a hundred acres with no money down! Unprecedented opportunities like this won’t last forever. Investors are already beginning to take advantage of this unspoilt land.

With the growing populations of El Paso and San Antonio, land prices aren’t going to stay low. As the cities become crowded, more and more people will be looking to move to the country. Their desire to escape from busy city life will drive up prices in currently rural areas.

Texas Acreage

There are miles and miles of Texas acreage available for purchase. These lots are not only surveyed and deeded, but every lot has dedicated public roads leading to them as well. With tracts available between twenty and one hundred acres you are setting yourself up with a ready-to-sell investment property.

Are you wondering what you will do with your land while you are holding it? You can either enjoy the pristine and untouched acres as your own private retreat or rent the space for others to enjoy. Your land will not only gain value with time, it can begin providing for you now! Arrange for campers, hikers, or hunters to use your land when you are not there. They are very low impact renters. This allows you to keep the land in prime condition while still earning income from your property. Then, when the time is right, you can sell your property and collect on your investment.

The Time To Buy Is Now

Get in on the cutting edge of the property investment market in West Texas. These miles of Texas acreage won’t be available forever. It’s possible to get a head start today without even putting money down on your land.

Texas Ranch Deals in Texas is waiting for your call! Texas Ranch Deals has tons of Texas acreage between 20 and 100 acres available for purchase. With no money down financing and a money back guarantee, it’s easier than ever to invest in land today. So don’t wait, increase your worth and invest in your future.

Contact Jerry Strano at 888-777-2759 or visit www.texasranchdeals.com for year end specials.

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