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Why It Pays To Buy Land in Texas
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 read more…
Facts About Texas Land
At LandHub we have a large selection of land for sale in Texas. Check out the different types of land available including acreage, ranches, rural properties, hunting land, and more. Start looking in Texas for land for sale today with the help of LandHub.
Texas has more acres for sale than any other state, not only because Texas has more acres but because 95% of its land is in private hands. Land sales in Texas changed forever on January 10, 1901, when an oil well tapping a salt dome in East Texas produced a gusher the likes of which had never been seen before. The Spindletop oil field was the most productive ever discovered and the Texas Oil boom was underway.
Before oil was discovered Texas was mostly an agricultural state. It still has more farms than any other state but it is also a leader in technology, aerospace, medicine, and petrochemicals. Although the popular image of a Texan is a cowboy riding the open range, any type of land is available in the Lone Star State.
East Texas is a region of longleaf pines and widely dispersed population; West Texas is a land of impossibly long horizons, rugged mountains rising through the desert and widely dispersed population. Water lovers can hover near the 600 miles of Gulf Coast or seek land along one of the 3,700 named streams or 15 major rivers in Texas. Lakefront property can be had around one of the state’s 100 artificial reservoirs.
South Texas is home to some of the country’s most celebrated hunting ranches, anchoring the state’s $2 billion hunting industry. The historic 825,000-acre King Ranch can be found here between Brownsville and Corpus Christi. Up in North Texas, the 525,000-acre W.T. Waggoner Ranch is the largest in the country behind a single fence. Ranches over 1,000 acres are common real estate listings in Texas.
The hottest land market in Texas is the Hill Country centered around the Austin-San Antonio corridor. These 25 counties have emerged as the most popular retirement destination in the United States outside Florida. New landowners are converting many of the limestone hills into vineyards that have made this the country’s second-largest American Viticultural Area.
Frequently Asked Questions
Texas, the Lone Star State, is the second-largest state in the United States both in terms of area and population. With respect to the area, Texas is double the size of both Japan and Germany. Almost 95% of the land in Texas is held privately so there is a lot more land available for sale in Texas than any other state. Before 1901 this state was mostly an agricultural state but after an oil well was discovered in a salt dome the future of this state changed forever. Although the state is a pioneer in aerospace, technology, petrochemicals, and medicine, Texas still has the most number of farms in the US.
What are Facts about Texas Land for Sale:
- Texas has been ruled by 8 different governments and has 6 flags flown over it. They are France, Spain, Mexico, Confederate States, Republic of Texas and the United States.
- Texas produces more wool than any other state in the U.S.
- It was an independent nation for 10 years between 1836 and 1845.
- The only natural lake in the state is Caddo Lake.
- The capital city, Austin, is the live music capital of the world.
- Compaq and Dell computers were founded in Texas and it is considered the Silicon Valley of the south.
- Houston was the first word uttered from the moon.
Should You Buy or Sell Land in Texas?
Buying a property or land in Texas is a no-brainer. The population of this state has grown by 3.6 million over the last decade, which means there is a need for new properties and homes. Around 2 million people have settled in this state due to the job opportunities and affordable housing market. Dallas, Austin, and Houston have a high growth economically and the demand for houses has been consistent. The prices have seen a 7% high in these 3 cities and lesser in the other parts of the state.
How is the Climate in Texas?
Due to the huge size of this state, the climate here varies significantly from one end to the other. It is arid in the western part and gets humid as we move towards the east. The state has 3 types of primary climate: the continental steppe in the High Plains, mountain climate and the modified marine climate in the subtropical areas. The coastal regions of the state are often hit by hurricanes and sudden tornadoes.
What is the Cost Of Land for Living in Texas?
On an index of 100, Texas is marked at 93.9 which makes Texas cheaper than many other states in the U.S. Housing has a significant effect on the cost of living. The median price of a home in the state is $195,000 which is very low compared to other states. Transportation in this state is costly and each city may differ in cost of living. Therefore living in a certain part of Texas may be more affordable or more expensive depending on the area.
How is the Real Estate Land for Sale Market in Texas?
Texas has one of the most vibrant and largest real estate markets in the U.S. Houston, Dallas, and Austin are the most preferred cities for buying a new property. With a lot of economic diversity available in this state, it may be a great idea to invest in Texas properties. Outside of Florida, 25 counties in Texas are the go-to retirement destinations in the US. Cultivating vineyards is a new trend among landowners. Most properties are affordable around the $300,000 figure which can be justified given all the benefits the Lone Star State has to offer.