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Dec 30th, 2023
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 Buying land in texas
#13973642
04/26/21 12:12 AM
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Joined: Apr 2021
Posts: 18
TXGar89
OP
Green Horn
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OP
Green Horn
Joined: Apr 2021
Posts: 18 |
Anyone purchased land lately? Considering this as an option and wondered what the details were on financing just land, versus buying building immediately.
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Re: Buying land in texas
[Re: TXGar89]
#13973647
04/26/21 12:17 AM
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Joined: Oct 2004
Posts: 38,822
KingwoodCat
TFF Guru
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TFF Guru
Joined: Oct 2004
Posts: 38,822 |
If you are a veteran you can go through the Texas Veterans Land Board.
"Any man who thinks he can be happy and prosperous by letting the government take care of him had better take a look at the American Indian".
Henry Ford
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Re: Buying land in texas
[Re: TXGar89]
#13973648
04/26/21 12:17 AM
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Joined: Dec 2011
Posts: 9,009
H.Town_paddler
TFF Celebrity
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TFF Celebrity
Joined: Dec 2011
Posts: 9,009 |
In general, 25 years is the max you can finance, and the rate is going to be higher than what you’d pay on a house.
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Re: Buying land in texas
[Re: TXGar89]
#13973669
04/26/21 12:43 AM
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Joined: Jun 2005
Posts: 13,249
DanDaBald
TFF Guru
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TFF Guru
Joined: Jun 2005
Posts: 13,249 |
Get it now or soon . . . . they ain't making any more of it. . . . .
 NEVER FORGET 9/11/2001
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Re: Buying land in texas
[Re: TXGar89]
#13973677
04/26/21 12:54 AM
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Joined: May 2008
Posts: 10,962
Rayzor
TFF Guru
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TFF Guru
Joined: May 2008
Posts: 10,962 |
I was thinking about buying some property around Bastrop to put a modular home on when I retire. WHOA! The price of property over there has gone through the roof, to say the least. I was directed to some 5,000 s/ft plots of land for $50K. Not a tree, one. Old cow pastures. Yikes.
Be safe, Rayzor ![[Linked Image]](http://i418.photobucket.com/albums/pp267/JLedbetter/th_Boatpics036.jpg) 2001 Triton Tx-21/225 Mercury EFI
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Re: Buying land in texas
[Re: TXGar89]
#13973715
04/26/21 01:35 AM
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Joined: Nov 2010
Posts: 7,751
Gixxer1k
TFF Celebrity
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TFF Celebrity
Joined: Nov 2010
Posts: 7,751 |
I’ve been looking west of here as well as north of here and it is getting downright crazy. Anything even remotely close to reasonable is under contract the day of listing it seems like. I should’ve bought that place in Cisco years ago. Still looking though. Best of luck.
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Re: Buying land in texas
[Re: TXGar89]
#13973927
04/26/21 11:26 AM
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Joined: May 2010
Posts: 10,521
Space
TFF Guru
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TFF Guru
Joined: May 2010
Posts: 10,521 |
If you find something buy it. It won't get any cheaper.
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Re: Buying land in texas
[Re: TXGar89]
#13973942
04/26/21 11:48 AM
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Joined: Jun 2011
Posts: 1,901
MBarger
Extreme Angler
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Extreme Angler
Joined: Jun 2011
Posts: 1,901 |
Depending on size/purpose of land, the Farm Service Agency has finance options if it will be for agricultural use. Our local credit union also does a nice job on smaller plots. May be worth checking your local banks and seeing what they offer.
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Re: Buying land in texas
[Re: TXGar89]
#13973961
04/26/21 12:02 PM
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Joined: Apr 2004
Posts: 14,757
Stump jumper
TFF Guru
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TFF Guru
Joined: Apr 2004
Posts: 14,757 |
My brother just bought land and house outside of Burnet. Prices in that area are crazy. Anywhere in the hill country is nuts. I was looking at some land near Daingerfield and it is still reasonable but I am sure it won't stay that way.
2200 Bay Champ/200 Mercury Optimax
2017 Tundra TSS 4x4 Crewmax 5.7L
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Re: Buying land in texas
[Re: TXGar89]
#13974002
04/26/21 12:31 PM
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Joined: Oct 2006
Posts: 7,875
Hook'Em 79
TFF Celebrity
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TFF Celebrity
Joined: Oct 2006
Posts: 7,875 |
35 acres near me just sold for $76k per acre.
I tried to buy it but they went with another offer.
Land usually takes 20% down and like was said earlier you can’t finance it as long as you can a house.
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Re: Buying land in texas
[Re: Roller22]
#13974078
04/26/21 01:27 PM
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Joined: Sep 2009
Posts: 18,381
steveiam
TFF Guru
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TFF Guru
Joined: Sep 2009
Posts: 18,381 |
This is who we used to buy our 20 acres - Very happy with these folks-
What has happed to you does not define who you are-
HOW you react to what happens to you DOES!
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Re: Buying land in texas
[Re: TXGar89]
#13974149
04/26/21 02:22 PM
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Joined: Nov 2012
Posts: 171
CALIFORNIA KID
Outdoorsman
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Outdoorsman
Joined: Nov 2012
Posts: 171 |
I've been looking around as well for something around 10 acres. Trying to stay within an hour and a half of Fort Worth. We have looked in Stephenville area and Hillsborough as well and I'm seeing tracts for 10-15k an acre. I need to flesh out my plans a bit more before pulling the trigger to make sure it will be something I really want to dedicate time to.
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Re: Buying land in texas
[Re: TXGar89]
#13974159
04/26/21 02:33 PM
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Joined: Jan 2004
Posts: 74,860
Mark Perry
Super Freak
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Super Freak
Joined: Jan 2004
Posts: 74,860 |
Glad we bought ours last year as its getting ridiculous here in Wise County. Hard to find any decent looking land at all.
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Re: Buying land in texas
[Re: TXGar89]
#13974164
04/26/21 02:40 PM
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Joined: Jan 2006
Posts: 15,761
BassFever
TFF Guru
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TFF Guru
Joined: Jan 2006
Posts: 15,761 |
Sister Has been looking for a year. She said the market is crazy high.
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