Buy Cheap Land in Texas: 17 Counties You Should Know In 2023 (2023)

Looking to buy cheap land in Texas?

We went through all of the counties in Texas and compared the number of listings on LandWatch as well as the average price of land sales.

Below are the top counties that came out of our analysis and what you should know about them.

But remember, always do your proper due diligence before purchasing any kind of real estate!

You may want to start with our article on water rights in Texas.

17. Kaufman

Lowest price for 1 acre on LandWatch at the time this article was written: $65,000

Kaufman was established in 1948 with the county seat of Kaufman.

Both the county and the city were named for David S. Kaufman, who was a diplomat and U.S. representative from Texas.

Kaufman has a number of properties listed on the National Register of Historic Places.

Some of these include…

Buy Cheap Land in Texas: 17 Counties You Should Know In 2023 (1)William and Blanche Brooks House (Forney) — recorded Texas historic landmark

Buy Cheap Land in Texas: 17 Counties You Should Know In 2023 (2)Matthew Cartwright House (Terrell) – recorded Texas historic landmark

Buy Cheap Land in Texas: 17 Counties You Should Know In 2023 (3)State Highway 34 Bridge at the Trinity River (Rosser) – replaced in 1996; extended into Ellis County; historic bridges of Texas

Buy Cheap Land in Texas: 17 Counties You Should Know In 2023 (4)Terrell Carnegie Library (Terrell) – state antiquities landmark; recorded Texas historic landmark

Buy Cheap Land in Texas: 17 Counties You Should Know In 2023 (5)Warren-Crowell House (Terrell) – recorded Texas historic landmark

16. Cameron

Lowest price for 1 acre on LandWatch at the time this article was written: $54,999

Cameron County is the southernmost county in Texas.

Founded in 1848, it was named after Captain Ewen Cameron, a soldier in the Texas Revolution.

Cameron County has three different nationally protected areas in or partially in its boundaries.

These include the Laguna Atascosa National Wildlife Refuge, the Lower Rio Grande Valley National Wildlife Refuge, and Palo Alto Battlefield National Historical Park.

15. El Paso

Lowest price for 1 acre on LandWatch at the time this article was written: $20,000

The county is known for a low cost of living, which is incredibly appealing if you’re looking to buy cheap land in Texas at a decent purchase price.

It’s located in far west Texas and stands on the Rio Grande across the Mexico-United States border.

El Paso has a strong federal and military presence due to the number of military bases located here.

It was also considered to be one of the top three safest large cities between 1997 and 2014.

Between 2011 and 2014, it actually held the title of the safest city.

The climate of El Paso isbetween cold desert climate and desert climate, so it has hot summers, little humidity, and cool to mild (dry) winters.

The sun shines in El Paso for 302 days of the year.

That said, there are mountains nearby, and the county does receive snow.

Because El Paso is located in the western region of Texas, it is not included in the Central Time Zone and operates on Mountain Time Zone.

Another attractive element of El Paso is its diverse economy.

Here are all the different areas that you may find work in:

Buy Cheap Land in Texas: 17 Counties You Should Know In 2023 (6)International trade

Buy Cheap Land in Texas: 17 Counties You Should Know In 2023 (7)Military

Buy Cheap Land in Texas: 17 Counties You Should Know In 2023 (8)Government civil service

(Video) 10 Places In America To Buy CHEAP LAND For 2023 (Land for sale) - Traveling Cloud

Buy Cheap Land in Texas: 17 Counties You Should Know In 2023 (9)Oil and gas

Buy Cheap Land in Texas: 17 Counties You Should Know In 2023 (10)Health care

Buy Cheap Land in Texas: 17 Counties You Should Know In 2023 (11)Tourism and service sectors

14. Henderson

Lowest price for 1 acre on LandWatch at the time this article was written: $65,000

Henderson County is named after James Pinckney Henderson, the first Attorney General of the Republic of Texas and the Secretary of State for the republic.

He also served as the first Governor of Texas later on.

The county was established a year after Texas statehood in 1846.

Not surprisingly given its age, this county has a few ghost towns, including Centreville and Corinth.

It also has one place on the National Register of Historic Places: the Faulk and Gauntt Building (located in Athens).

In addition, there are 7 registered Texas historic landmarks in Henderson.

13. Nueces

Lowest price for 1 acre on LandWatch at the time this article was written: $38,000

Nueces County is located in the southwest region of the state with a population of 340,223.

Its county seat is Corpus Christi.

The county was named for the Nueces River, which is the southernmost major river in the U.S. that is north of the Rio Grande.

There are currently one district and 16 individual properties listed on the National Register of Historic Places in the county.

Here are just a handful of them…

Buy Cheap Land in Texas: 17 Counties You Should Know In 2023 (12)Britton-Evans House (Corpus Christi) – recorded Texas historic landmark; also known as the Centennial House

Buy Cheap Land in Texas: 17 Counties You Should Know In 2023 (13)Broadway Bluff Improvement (Corpus Christi) – recorded Texas historic landmark

Buy Cheap Land in Texas: 17 Counties You Should Know In 2023 (14)Simon Gugenheim House (Corpus Christi) – recorded Texas historic landmark

Buy Cheap Land in Texas: 17 Counties You Should Know In 2023 (15)King Ranch (Kingsville) – extends into Kenedy, Kleberg, and Willacy counties

Buy Cheap Land in Texas: 17 Counties You Should Know In 2023 (16)Julius Lichtenstein House (Corpus Christi) – recorded Texas historic landmark; now the Institute of Hispanic Culture

Buy Cheap Land in Texas: 17 Counties You Should Know In 2023 (17)Old Nueces County House (Corpus Christi) – state antiquities landmark; recorded Texas historic landmark

So, this is a great place to buy cheap land in Texas if you’re looking for land with history.

12. Parker

Lowest price for 1 acre on LandWatch at the time this article was written: $60,000

Parker County is located in the northeast region of the state with 116,927 inhabitants.

It was named after Isaac Parker,who introduced the bill that established Parker County as a county in 1855.

The county intersects with the Brazos River, also called the Rio de los Brazos by early Spanish explorers.

Parker County also has two high points – Slipdown Mountain and Slipdown Bluff.

There are a few notable people who have come out of Parker County. Among them are…

Buy Cheap Land in Texas: 17 Counties You Should Know In 2023 (18)Jim Wright, the youngest mayor of Weatherford, TX and Speaker of the U.S. House of Representatives

Buy Cheap Land in Texas: 17 Counties You Should Know In 2023 (19)Mary Martin, star of stage and screen

11. Grayson

Lowest price for 1 acre on LandWatch at the time this article was written: $60,000

Grayson County is located in the northeast region of the state.

It had a population of 120,877 as of the 2010 census.

It was founded in 1846 and named after Peter Wagener Grayson, who was attorney general of the Republic of Texas.

(Video) NEVER Buy Affordable Land If You Don't Know This!

The Caddo Amerindian groups also inhabited Grayson County.

It has the natural protected area of Hagerman National Wildlife Refuge within its boundaries.

10. Johnson

Lowest price for 1 acre on LandWatch at the time this article was written: $60,000

Johnson County is located in the Dallas-Fort Worth-Arlington area with a population of 150,934 during the 2010 census.

It was named after Middleton Johnson, who was a Texas Ranger, soldier, and politician.

The first settler of Johnson County was Henry Briden, who built a log cabin on the Nolan River that still exists today.

If you are looking to buy cheap land in Texas andbuild your own cabin, check out our video below.

9. Hidalgo

Lowest price for 1 acre on LandWatch at the time this article was written: $70,000

Hidalgo County has a population of 868, 707.

Its largest city is McAllen, and it was named for the priest Miguel Hidalgo y Costilla who raised the call for Mexico’s independence from Spain.

It is one of Texas’s fasted growing counties and is on the border of Mexico in the Rio Grande Valley.

The University of Texas Rio Grande Valley (formerly the University of Texas-Pan American) is located in this county.

8. Smith

Lowest price for 1 acre on LandWatch at the time this article was written: $24,500

Smith County is named after James Smith, who was a general during the Texas Revolution.

The county had a population of 209,714 at the 2010 census.

This area of Texas was originally occupied by indigenous people and the earliest known inhabitants of Smith County were the Caddo Indians.

Smith County also has the Smith County Historical Society, which is a nonprofit organization that was founded in 1959.

The organization is geared towards individuals and business firms who wish to discover, collect, and preserve the data, records, and other items related to the history of Smith County.

You can visit the Smith County Historical Society Website for more information.

7. Dallas

Lowest price for 1 acre on LandWatch at the time this article was written: $100,000

Looking to buy cheap land in Texas?

We’re sure you’ve heard of Dallas County.

This county is the second-most populous county in the state and the eighth-most populous county in the entire country.

In 2019, it was estimated to have 2,635,516 residents.

The county seat is the city of Dallas, which is the state’s third-largest city.

The county was founded in 1846 and potentially named after the 11th Vice of the U.S. President under James K. Polk, George Mifflin Dallas.

Dallas County is included in the Dallas-Arlington-Fort Worth metropolitan statistical area.

This is colloquially referred to as the Dallas-Fort Worth metroplex.

6. Bell

Lowest price for 1 acre on LandWatch at the time this article was written: $80,000

Located in central Texas, Bell County had a population of 310,235 in 2010.

It was named after the third governor of Texas, Peter Hansborough Bell.

The county is served by a fixed-route bus service and Amtrak also has scheduled services to this area.

This makes the county incredibly accessible to anyone looking to buy cheap land or enjoy the area.

The county has a good public-school system, low cost of living, great local amenities, low crime rate, and other essentials.

(Video) 17 Acres in Morris County, TX!

5. Comal

Lowest price for 1 acre on LandWatch at the time this article was written: $64,500

Located on the Edwards Plateau, Comal County is quite a bit smaller than some of the previous counties discussed.

During the 2010 census, the population was only 108,372.

However, in 2017, it was designated as one of the nation’s 10 fastest-growing counties.

Some of the rural land features that surround Comal County are the Balcones Escarpment, the rocky hills and canyons of Texas Hill Country, the rolling grasslands of the coastal plains, and the Guadalupe River.

There are two songs about this county: Jason Boland’s “Comal County Blue” and Bleu Edmonson’s “No Room for Mercy.”

4. Bexar

Lowest price for 1 acre on LandWatch at the time this article was written: $80,000

Bexar County is the fourth most populous county in the state of Texas.

The 2010 census stated that the population was 1,714,773 and a recent 2019 estimate has put that number up over 2 million.

Its county seat is San Antonio, which is the second-most populous city in Texas.

When Bexar County was originally created in 1836, it encompassed almost the entire western portion of the Republic of Texas.

After statehood, 128 counties were created out of this original area.

The county was named from San Antonio de Bexar – the same name that the modern city of San Antonio got its name from.

In 2013, the county opened the first entirely digital library in the country, called BiblioTech – Bexar County’s Digital Library.

The Government Canyon State Natural Area also lies in the northwestern part of the country.

3. Collin

Lowest price for 1 acre on LandWatch at the time this article was written: $95,000

Collin County also ranks among the top ten most populous counties in Texas with 782,341 people in the 2010 census.

Current estimates suggest the population has reached over a million residents.

This is not surprising given that a small portion of Dallas lies in the county!

The county itself was named after Collin McKinney, who was one of the five men who drafted the Texas Declaration of Independence.

McKinney was also the oldest of the 59 men who signed it in 1836.

This county is becoming a hub for large corporations, small businesses, and startups alike.

If you’re looking for a place to buy land and work a job, say yes to Collin County!

2. Tarrant

Lowest price for 1 acre on LandWatch at the time this article was written: $200,000

Tarrant County is the third-most populous county in Texas as the home of Fort Worth.

If you’re looking for a larger area to own land in, Tarrant is a great option.

The county was created in 1849 out of Peters Colony and named in honor of General Edward H. Tarrant, who served in the Republic of Texas militia.

Politically, Tarrant County is one of the largest Republican-leaning counties in the nation.

However, as of 2019, Democrats were beginning to represent a larger portion of the political profile and are scattered in various hubs throughout the county.

Land in Tarrant County is particularly suited to those who love spending time with others.

Texas as a whole is big on being friendly, and this county also hosts numerous activities that are ideal for groups.

1. Denton

Lowest price for 1 acre on LandWatch at the time this article was written: $115,950

Denton County ranks as one of the top ten most populous counties in Texas and was established in 1846 by John B. Denton, who was a Methodist minister, lawyer, soldier, and political candidate.

In 2007, it was one of the fastest-growing counties in the entire country.

The 2019 Census Bureau estimate for population was 887,207, which is up over 200,000 people from the 2010 census.

(Video) The Texas Housing Market is in Trouble: NEW Report

In general, this area has a low cost of living and a lively music scene.

So, Denton is a great place to relocate if you’re looking to buy Texas properties and like both of these things.

Final thoughts

Ready to buy cheap land in Texas?

If you weren’t before, then you are now!

This list gives you your best options for where to buy cheap land in Texas – a great place to investbecause of low living expenses and taxes.

Where will you choose to buy?

Let us know in the comments section.

You can also check out our blog post on the top counties to buy land in Florida.

Additional Resources

If you are looking to buy affordable land, you can check out ourListingspage. And before you buy land, make sure you check out Gokce Land Due Diligence Program. If you are looking to sell land, visit our page on how to Sell Your Land.

Would you like to receive an email with our latest blog/properties every Thursday?

Subscribe Now

I hope you enjoy reading this post. If you are interested in buying or selling land, check out:

Get An Offer For Your Land Buy $1 Down Land Master Land Due Diligence

Buy Cheap Land in Texas: 17 Counties You Should Know In 2023 (22)

Buy Cheap Land in Texas: 17 Counties You Should Know In 2023 (23)

I hope you enjoy reading this post. Don't forget to check out my new book: Land Investing Mistakes -Erika

Disclaimer: we are not lawyers, accountants or financial advisors and the information in this article is for informational purposes only. This article is based on our own research and experience and we do our best to keep it accurate and up-to-date, but it may contain errors. Please be sure to consult a legal or financial professional before making any investment decisions.

  • Author
  • Recent Posts

Erika

Erika is a former Affordable Housing Director for the City of New York turned full-time Land Investor. She used to help New Yorkers find affordable housing, now she helps people find affordable land around the US.

Prior to starting Gokce Capital, Erika received a Bachelor of Architecture from the University of Southern California and a graduate degree in Urban Policy from Columbia University. She worked as both an architectural designer and engineer in New York before joining the New York City Department of Housing Preservation and Development.

Erika currently lives in the New York Metropolitan area with her spouse, daughter and cat. She is originally from Chicago and still considers herself a midwesterner at heart.

Erika also loves to read, write and travel (fun fact, she has visited all 50 states and more than 30 countries!). Her new book, Land Investing Mistakes: 11 True Stories You Need To Know Before Buying Land, is now available on Amazon.

Latest posts by Erika (see all)

  • Texas Powergrid: 11 Things (2023) You Ought to Know -
  • Pueblo Home: 10 Things (2023) You Need to Know -
  • Cypress Forest: 9 Things (2023) You Need to Know -
(Video) Absolutely NEVER Buy This Type Of Land

FAQs

What part of Texas has the cheapest land? ›

A recent report listed the "cheapest" places to buy land including both single-acre and five-acre plots.

Is buying land a good investment 2022? ›

Investing in land is one of the most powerful strategies to make money in 2022. Over the past few years, demand for land as an investment has experienced an uptick. From 2020 to 2021, there has been an increase of 155% in rural land sales. This growth is due to the stability that comes with purchasing a piece of land.

Where is the best place in Texas to buy land? ›

Where Are The Best Places To Buy Land In Texas?
  • Frisco. Frisco, one of the fastest-growing U.S. cities, is only 30 minutes from Dallas. ...
  • New Braunfels. New Braunfels is between San Antonio and Austin. ...
  • McKinney. ...
  • Cedar Park. ...
  • Conroe. ...
  • Round Rock. ...
  • Texas Real Estate Honorable Mentions. ...
  • Austin.
15 Jun 2022

How much is an acre of land in Texas 2022? ›

Looking specifically at Texas: Farm real estate average value: $2,650/acre, an 11.3% increase from 2021. Cropland average value: $2,420/acre. This is up 12.6% from a year ago.

What Texas city has the lowest cost of living? ›

Brownsville-Harlingen was the cheapest place to live in Texas, according to the index. The cost of living was 37% lower in Brownsville-Harlingen compared to Dallas-Fort Worth-Arlington. The southernmost metropolitan area in Texas, Brownsville-Harlingen had 421,017 people as of 2020.

How much is an acre of land worth in Texas? ›

[Click here to download.] The average price per acre in Texas increased by 6.4% from last year to $2,972/acre. The publication divides the state into 7 regions, and then further divides each region into sub regions.

How can I invest in land with little money? ›

12 Best Ways to Buy Land with No Money in 2022
  1. Scrutinize Listings.
  2. Residential and Commercial Land Investments.
  3. Row Crop Land and Land for Livestock.
  4. Small Farm Investment Opportunities.
  5. Real Estate Crowdfunding.
  6. Hard Money Lenders.
  7. Equity Partnerships.
  8. Seller Financing.
14 Oct 2022

Is buying land in Texas a good investment? ›

Investment in Texas land is often times overlooked, however it can be an excellent asset to any real estate portfolio. If you want to begin your investment journey, add to a portfolio, or find smart ways to diversify, land can be an excellent way to go.

Is buying land a good idea now? ›

Experts recommend raw land investing and buying land for future development, such as housing or building. No maintenance is required, and you can sell your land at a higher price in the future. Thus, we can say land investments give peace of mind and are worth every penny!

What is the 10 acre rule in Texas? ›

A System is exempt from permitting if it serves a single family residence on a continuous tract of land that is 10 acres or larger and is the only single family residence on that tract of land and is not required to have a permit from the local permitting authority.

Will land prices go down in 2022 Texas? ›

Rural land sales prices increased by more than 21% statewide. The exception was in Far West Texas, where prices are down more than 30% in 2022. “Brokers reported a general lack of inventory,” Real Estate Center economists said in the report. “In addition, they see a slackening of demand in many areas.

Where is the most affordable place to live in Texas? ›

Brownsville-Harlingen was the cheapest place to live in Texas, according to the index. The cost of living was 37% lower in Brownsville-Harlingen compared to Dallas-Fort Worth-Arlington. The southernmost metropolitan area in Texas, Brownsville-Harlingen had 421,017 people as of 2020.

Are land prices going up in Texas? ›

Statewide, land prices are up 24.5% over last year to an average of $4,286 per acre, according to the A&M report. Join the Dallas Business Journal to unlock even more insights!

How much do you have to put down on land in Texas? ›

The standard down payment for a land loan is 20%. While some lenders offer lower down payments for land loans, you typically need to pay a higher interest rate in return.

What state has the cheapest land for sale per acre? ›

So for both 1 acre and 5 acre plots, our cheapest states to buy land are New Mexico, Arizona, Mississippi, closed followed by Florida, Texas, Colorado, and Oregon. Some great news for you here is that at Compass Land USA, we do a lot of work in Colorado, Arizona, and Florida.

What is the best small town in Texas to live in? ›

Fredericksburg. Undoubtedly one of the best-known small towns in Texas, popular Fredericksburg is known for two things: its German heritage and its many, many wineries.

What is the happiest city in Texas? ›

A new study from personal finance website WalletHub ranks Plano as the happiest city in Texas and the 22nd happiest city in the U.S. To come up with the ranking, WalletHub looked at more than key indicators of happiness for 182 of the largest U.S. cities.

Where is the most affordable place to retire in Texas? ›

El Paso. El Paso is often ranked as the cheapest place to retire in Texas, but it also gets high marks for the overall happiness rating of its residence. You'll get access to high-quality healthcare, recreation, and cultural attractions.

How many acres do you need to qualify for ag exemption in Texas? ›

How many acres do you need to be ag exempt in Texas? Ag exemption requirements vary by county, but generally speaking, you need at least 10 acres of qualified agricultural land to be eligible for the special valuation.

What place has the cheapest land per acre? ›

The state with the cheapest land in the U.S. is Wyoming, where one acre costs an average of $1,558. The state with the most expensive land in the U.S. is New Jersey, where one acre costs a whopping $196,410. The average acreage of property in the U.S. is 10,871 square feet, or a quarter of an acre.

Can you hunt on your own land in Texas? ›

More than 95% of the land in Texas is privately owned or managed. You can hunt on the private land that you own or get permission from the landowner to hunt as a guest or pay the landowner to hunt on that land. Many hunters find leases and book hunts a year or more in advance.

How do people afford land in Texas? ›

Here are three of our tips for how to buy land in Texas.
  1. Hustle to save as much as possible. Let's face it. ...
  2. Improve your credit score. There are a bunch of tips for building great credit, but our favorite approach is simple. ...
  3. Look for alternative lending sources. ...
  4. Find your Owner Financed Land at Texas Acres.

Can you invest in real estate with 10 dollars? ›

You can even use crowdfunding to invest in real estate with as little as $10. However, not just anyone can invest in any crowdfunding deal.

Can I buy land without cash? ›

Seller financing may also be available for no money down if you can find an agreeable seller. If you have some money to put down, you may want to consider a tax defaulted property auction, where land is sold mortgage-free at discounts of 60%, 70, or 80% or more of the tax assessed value.

Is buying land a tax write off? ›

Expenses from land are itemized and go on Schedule E. These expenses can offset income on other investment properties. While a land investment is not directly tax deductible, expenses incurred from the investment are tax deductible.

Do you pay taxes on undeveloped land in Texas? ›

Property taxes apply to all land investments, regardless of whether you're living on the land, building on it, or making an income off of it. That means that if you own vacant land, you must pay property taxes on it although you may also be eligible for some rather decent deductions.

Why is property value in Texas so low? ›

Why are houses in texas so cheap? Texas houses are affordable because of the state's large availability of vacant land, low tax rates, relaxed building restrictions, and available building supplies.

What are the cons of buying land? ›

Cons Of Buying Undeveloped Land
  • Larger Down Payment. The down payment to purchase developed land is typically around 15% – 25%. ...
  • Zoning Restrictions. Zoning laws dictate how certain pieces of land can be used. ...
  • Permitting Costs. ...
  • Easements. ...
  • Time.

Will land always go up in value? ›

Land appreciates because it is limited in supply; consequently, as the population increases, so does the demand for land, driving its price up over time.

Why is buying land not a good idea? ›

Land can be expensive to trade into and out of. There's real estate agent commissions, surveys, title insurance premiums, transaction taxes, etc. and all of these costs (those that you pay when you buy land and those that you pay when you sell it) reduce your profit. Raw land is almost purely speculative.

How much land do you need to put a septic system in Texas? ›

The general state minimums are one acre for land with a water well and sewage facility, or 1/2 acre for land with only a sewage facility.

Can you put in your own septic system in Texas? ›

Any work on an OSSF must be performed by a licensed installer or directly by the homeowner when it is their single-family residence. If someone is paid for any part of the process, that person must be licensed by the state.

How many acres do you need to hunt on your own land in Texas? ›

How many acres do you need for hunting in Texas? Most of Texas counties require a minimum of 10 acres to legally hunt or discharge a firearm. There is no statewide mandate but the state has given counties and local jurisdictions the right to establish and enforce 10 acre minimums in the interest of public safety.

Will properties go down in 2023? ›

House prices are expected to fall across the board as mortgage rates skyrocketed this summer, but not all properties will feel the crunch in the same way, says Hina Bhudia.

Will home prices drop in Texas in 2023? ›

Higher prices and mortgage rates have reduced the number of buyers, and more homes have become available. As a result, Dallas housing market predictions for 2023 suggest that a cooling trend could be coming. It now seems possible, if not likely, that home prices in the DFW area will drop going into 2023.

Will house prices in Texas ever go down? ›

While Texas home prices are not predicted to increase as quickly or as sharply as they did in 2021, buyer demand remains robust and is unlikely to diminish. As Bidding wars are typical, your home is likely to attract a large number of buyers.

What is the safest part of Texas to live in? ›

1. Hutto. Just north of Austin, Hutto ranks as the top safest city in Texas. It's also the Hippo Capital of Texas!

What is the best rural place to live in Texas? ›

A Guide of the Best Rural Towns to Live in Texas
  • Alamo.
  • Monahans.
  • Snyder.
  • Fulshear.
  • Hutto.
  • Fairview.
  • Kerrville.
  • Fredericksburg.

What is the nicest part of Texas to live in? ›

  1. 9 OF THE BEST PLACES TO LIVE IN TEXAS. Let's address the elephant in the room: Texas is huge! ...
  2. DALLAS, TEXAS. As the ninth-largest city in the country, Dallas makes good on the Texan promise of going big. ...
  3. PLANO, TEXAS. ...
  4. EL PASO, TEXAS. ...
  5. CORPUS CHRISTI, TEXAS. ...
  6. SAN ANTONIO, TEXAS. ...
  7. FORT WORTH, TEXAS. ...
  8. IRVING, TEXAS.
28 Oct 2022

Will 2023 be a good time to buy a house? ›

Home Prices Will Likely Drop

Fannie Mae has forecasted that total home sales will reach 5.64 million in 2022, an 18.1% drop from 2021; in 2023, that figure is expected to decline again to 4.47 million, a 20.7% decrease from this year. As a result, Fannie Mae expects home prices to fall, but only by 1.5% nationwide.

Is it a good time to buy property in Texas? ›

Buying a home now means that your investment will continue to grow in value as both the demand and inventory of houses in Texas steadily grows. This means that buying a home in the 2022 housing market is a good investment. If you are looking to buy a home in 2022, you will need to have a solid plan in place.

Is Texas real estate in a bubble? ›

Of the 392 metropolitan statistical areas it measured, 149 are overvalued by at least 25%. That includes Austin (overvalued by 41%), Dallas (33%), Houston (28%), and San Antonio (25%). But Moody's Analytics chief economist Mark Zandi says we're not living in Housing Bubble 2.0 just yet.

What does my credit score need to be to buy land? ›

Because there are different types of land loans, each has its own qualifications for borrowers to meet. However, there are still general guidelines that are taken into consideration when a borrower applies for a land loan: Have an excellent credit score (720 or higher) Provide an explanation for intended use of land.

How much does it cost to buy 5 acres of land in Texas? ›

Overall the average rural land price per acre in Texas in 2021 was about $3,725, up a massive 25% over 2020's overall average of $3,064. The 2020 average was an understandably modest 3% increase from the 2019 average of $2,972.

How much is an acre of land in Texas today? ›

Farm real estate average value: $2,650/acre, an 11.3% increase from 2021. Cropland average value: $2,420/acre. This is up 12.6% from a year ago. This includes an irrigated average of $2,850 and non-irrigated average of $2,350.

How much is an acre of land in Texas? ›

The average price per acre in Texas increased by 6.4% from last year to $2,972/acre.

Where is an acre of land cheapest? ›

Cheapest State to Buy 1 Acre of Land
  • Valencia County NM.
  • Apache County AZ.
  • Jasper County MS.
  • Navajo County AZ.
  • Luna County NM.
  • Mohave County AZ.
  • Cochise County AZ.
  • Polk County FL.
13 Jun 2022

What state is land cheapest per acre? ›

The state with the cheapest land in the U.S. is Wyoming, where one acre costs an average of $1,558. The state with the most expensive land in the U.S. is New Jersey, where one acre costs a whopping $196,410. The average acreage of property in the U.S. is 10,871 square feet, or a quarter of an acre.

Where is the cheapest land right now? ›

InMyArea.com performed a study that took a look at the median prices per acre in 2021 and found that Arizona had the cheapest median cost per acre, at $4,164. The data includes the price of land with existing homes and the cost of land designated as a homesite were also included so that you can have some comparison.

What is the cheapest state to own land? ›

Arkansas, Tennessee, West Virginia are three of the cheapest places where you can buy cheap land. New Mexico and Arizona are popular places for retirees. If you are going to buy land make water and other utilities are available nearby.

How many football fields is an acre? ›

1 football field is roughly 1 acre. (The exact measurements of football fields vary.) 1 hectare = 2.47 acres. 2.47 football fields in 1 hectare.

Where is the best place to buy land? ›

When it comes to the location, you may want to compare the industries in each area as well as the population and economic growth.
  • Arkansas. ...
  • Tennessee. ...
  • Utah. ...
  • Arizona. ...
  • Oregon. ...
  • West Virginia. ...
  • Kentucky. ...
  • Texas. If you are looking to create a farm or a ranch, Texas is the state you should focus on.
8 Dec 2021

Who owns the most land in the USA? ›

The 2022 Top Landowners in the Land Report 100:
  • The Emmerson Family – 2.33 million acres.
  • John Malone – 2.2 million acres.
  • Reed Family – 2.1 million acres.
  • Ted Turner – 2.0 million acres.
  • Stan Kroenke – 1.627 million acres.
11 Jan 2022

What state has the lowest cost of living? ›

Mississippi

Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3. It also has the lowest average housing costs in the nation at 33.7% below the national average.

What state has the cheapest land tax? ›

1. Hawaii. Hawaii has the lowest property taxes in the country.

What states have the cheapest land taxes? ›

Read on to find out the states with the lowest property taxes in 2022.
  • Colorado. ...
  • Louisiana. ...
  • South Carolina. ...
  • Delaware. ...
  • Nevada. Median real estate taxes paid: $1,660. ...
  • West Virginia. Median real estate taxes paid: $719. ...
  • Utah. Median real estate taxes paid: $1,837. ...
  • Wyoming. Median real estate taxes paid: $1,380.
24 May 2022

Videos

1. Leander Texas | 5 Things You MUST Know Before Moving To Leander TX
(LIVING IN AUSTIN TEXAS)
2. 10 Great Rural Small Towns in the USA to Retire or Buy a Home.
(World According To Briggs)
3. Double-Digit Price Drops Ahead? | 2023 Housing Market Forecast
(BiggerPockets)
4. Top 10 Best Rural Counties in Texas to Retire. (or just move to)
(World According To Briggs)
5. BREAKING!! Housing Market CRASH in AUSTIN TX CONFIRMED
(Real Estate Mindset)
6. Public Power Underground - Politics and Policy w/ Travis Kavulla - November 17, 2022
(Public Power Underground)
Top Articles
Latest Posts
Article information

Author: Delena Feil

Last Updated: 06/05/2023

Views: 6195

Rating: 4.4 / 5 (45 voted)

Reviews: 84% of readers found this page helpful

Author information

Name: Delena Feil

Birthday: 1998-08-29

Address: 747 Lubowitz Run, Sidmouth, HI 90646-5543

Phone: +99513241752844

Job: Design Supervisor

Hobby: Digital arts, Lacemaking, Air sports, Running, Scouting, Shooting, Puzzles

Introduction: My name is Delena Feil, I am a clean, splendid, calm, fancy, jolly, bright, faithful person who loves writing and wants to share my knowledge and understanding with you.