The Lone Star State is famous for many things. One that stands out is its size. It’s the second-largest state, and one county can easily dwarf some of the smaller states out east. This size also means there is a wide variety of landscapes and types of properties allowing Texans to create impressive empires and live their best lives. The idea of investing in land in Texas and fulfilling a dream is appealing to many looking for a new challenge or change of pace. The great news is that with so many plots of land available, you can find something in the perfect location, and often for a fair price. Here are some of the many reasons people purchase land for sale in Texas and profit from it.
10 Reasons To Purchase Land In Texas
1) Residential land
The first option is simple. There are plenty of plots of land for sale in Texas that are ideal for residential homes. You can buy as many acres as your family needs and build your dream home. It could be somewhere for a growing family or a place to retire to. Either way, there are countless options across all counties in Texas.
2) Commercial land
Another common option is for commercial land. Companies that want to create new businesses can buy out plots of land on which to build their enterprises. It could be anything from a large retail complex out of town to office complexes or entertainment facilities. If you own the land, you’re free to do whatever you want on it within reason.
3) A cattle ranch
Many of the best plots of land for sale in Texas are rural land a decent way out from the major cities. They are idyllic areas in some stunning parts of the state with space for pastures, lakefront plots, mountain views, and so much more. One way to capitalize on this is to start a cattle ranch. The Texas Longhorn is beloved because of its many uses. It’s a beautiful animal that is essential for the local beef and dairy industry and also allows for some stunning hides.
4) An equestrian ranch
If raising cattle for slaughter isn’t your thing, you might prefer the idea of an equestrian ranch. Many Americans say their dream is to run off and raise horses on a ranch away from the stress of the world. Why not do that in Texas? You can make it profitable by breeding horses for sale, setting up riding schools, or offering riding tours of the local area.
5) Agricultural farm
Farming in Texas doesn’t just have to be about animals. You can focus on crops instead. There are a lot of mouths to feed in Texas and plenty of interest in farmers markets and farm-to-fork dining experiences. With the right approach, the best produce possible, and great connections, you can make this work.
6) Hemp farm
While on the subject of crops, there is one specific plant that could be worth looking into. Whatever your personal views on hemp and its derivatives, there is a large market for the product. Hemp is legal, as is CBD oil, and both can be profitable when working with the right people.
7) Hunting land
Many people looking to settle in Texas will turn to hunting land rather than a ranch for their business. Rather than going through all the costs and effort of raising cattle or poultry and selling it, they can enjoy the chance to hunt for game across large acres of land. With the right permits and some business acumen, this could also be a profitable business venture.
8) Timberland
Timberland plots are always going to be in demand in whatever part of the United States you invest in. People want access to high-quality, locally sourced, sustainable materials. They like to know that the wood used for their furniture was local and not shipped in from somewhere with unethical deforestation practices. You could start one of those plantations.
9) A vineyard
Texas and wine aren’t often words used in the same sentence. We tend to think of the more high-end regions around Napa or upstate New York. However, anywhere with the right growing conditions has the potential to produce good wine. Fredericksburg has emerged as a contender and is gaining popularity with tourists looking for wine tours.
10) A coastal retreat
Finally, there’s the potential to buy land in Texas for a coastal retreat. As with the vineyard, this isn’t going to be something that immediately comes to mind when looking to invest in Texas. Still, there is a small amount of land on the Gulf of Mexico that is desirable for tourism and second homes. You can create a family retreat, set up a rental property for tourists, or start some sort of commercial business.
Finding Affordable Land For Sale In Texas
Texas has a lot of options for anyone looking to relocate and start a new life or business venture. The next step is to stop dreaming about the perfect land and perfect life and to go out and find it. You can find plots of land for sale online, not unlike searching for residential property through a real estate company. These sites will showcase all the options available based on your chosen criteria. The best sites will make it easy to filter options either by your desired purpose, such as timberland or hunting land or by a specific county. You can then check out the listings, get an idea of the cost, view the photos, and look into moving forward with a purchase.
Do your research before you dive into these online resources for land for sale in Texas. Think about what you really want out of this new venture. Compare different countries and types of land to see which areas work best with your vision. Come up with a business plan and a budget before committing to a purchase. Once you are sure that investing in Texas is possible and everyone is on board with the decision, the world – or at least the whole state of Texas – is your oyster.