Texas is a great place to invest in land, as it has a diverse range of land available to purchase. Whether you’re looking for a small plot for a vacation home or a large ranch for a business, Texas has something for everyone. With the Lone Star State’s size and abundance of resources, it’s no surprise that land prices in Texas are among some of the most competitive in the nation.
Are you curious to learn more about the cost of land in the Dallas-Fort Worth area and the surrounding cities? Then you’ve come to the right place! In this blog, we’ll break down the price of land in different areas around Texas and give you the information you need to make an informed decision. Keep reading to discover more!
Variables that Affect the Price of Land
The cost of land in Texas varies greatly depending on its location and features. The location of the acre will have a major impact on the price, as acreage in prime areas such as near major cities or up-and-coming cities will have a much higher value than acreage in less desirable areas. The size of the acre will also affect the price, as larger acreages will command a higher price than smaller ones. Zoning regulations can also have a major impact on the price of an acre. Acres in areas with more restrictive zoning laws, such as agricultural zones, will be more expensive than those in areas with more lenient zoning laws. The accessibility of the acre to roads, utilities, and other amenities will also affect the price. Acres that are more difficult to access will cost less than those that are more easily accessible.
Price of 10+ Acres in the North Texas and Surrounding Area
The cost of land in Texas varies depending on where you go! If you want 10 acres or more in East Texas, you’ll pay around $4,500 per acre. For West Texas, you’ll pay closer to $2,500 per acre. But if you’re looking in Hill Country (the area between Dallas-Fort Worth and Waco), you’ll be looking at a price tag of around $10,000 per acre.
Price of One Acre in the North Texas and Surrounding Area
Are you looking to buy an acre of land in Texas? The price can vary drastically depending on the location! For example, an acre of land just 30 minutes south of the DFW metroplex in Midlothian, Godley, or Red Oak will cost you around $100,000. Move west of the Metroplex to Weatherford or Springtown and you can find an acre for about $85,000. Head east to Rockwall and the price for one acre goes right back up to $100,000. Finally, if you’re looking for an acre in the North near Anna, Melissa, Prosper, or Frisco, be prepared to pay up to $250,000 per acre!
Tips for first-time land buyers
Buying land in Texas can be a great investment, but it is important to be aware of the factors that affect its cost. When you buy land, typically you’ll need to put 20-25% down. You will also need to think about how you are going to set up your utilities. You’ll need to consider the availability of utilities such as water, electricity, and sewage, as well as the potential for a water supply if you plan to build on the property. With these factors in mind, you can make an informed decision when it comes to buying land in Texas.
Real Estate Experts in Finding Land in Texas
Are you searching for the perfect piece of land to buy or sell in Texas? Look no further! We are here to help you find the perfect acreage for your needs, whether it’s for building a new home or something a bit larger. Don’t hesitate to get in touch with us and start your land journey today!