Step 1. Figure Out Your Land-Buying Goals
People buy land for different reasons. Perhaps you are a real estate investor who wants to make money on your land investment. Or maybe you want land that you can hold onto, which doesn’t require a lot of work, that you can retire on someday. Or perhaps you are an outdoors person who wants a piece of empty land that you can use for recreational purposes.
Before you buy any land, you need to figure this out first because your desired outcome or “return” will depend on your goals.
- Want to buy land to build? Then you will want to check the zoning and building code of the land. Luckily, if you are buying land in the rural part of Texas (outside of city limit), most of the county has no restrictions to build.
- Want to buy land for recreational purposes? Then you’ll want something that you can drive to but is far enough away that your use of it won’t break any city bylaws.
- Want to buy to subdivide, develop, and sell? Then you’ll probably want property that is relatively close to a city along the path of growth. At the same time, the county has easy subdivide regulations.
- Want to buy to hold onto someday for your retirement? Then you’ll probably want something that is far enough to be peaceful, yet close enough by retirement to get the infrastructure and services you need.
Step 2. Find A Seller
Once you’ve figured out what you’re looking for in a raw land investment, find a seller with some inventory to help you. There are many land listing websites such as :-
You can even set some specific criteria on your search, such as Property Type: Land, Lot Size: 1 – 5 acres, to help you narrow down the search. Different sites could have different names and ways to filter and sort. We are only showing Zillow as examples below.
You might have to review a few different raw land investment opportunities before you choose one so make sure you choose a seller with some inventory. At Elegment Land, we have Texas vacant land in our inventory with price range, acreage range, location, and land type filters to help you find the right piece of land. Make sure you click “AVAILABLE LAND” filter on our site! We are happy to walk you through the process of how to buy land cheap in Texas.
Step 3. Close The Deal
A good raw land seller will help you get everything in order so you can purchase the land. Select your land investment and close on the deal, filling out the paperwork promptly and working with your seller as well as any financing company or private investor who might be partnering with you on the deal.
Step 4. Enjoy And Benefit!
The deal will probably close fast and now it’s time to enjoy and benefit from your land investment. Start deploying your land investment plan, perhaps by subdividing the land or going out for a day to enjoy the fresh air. Get to know your land and the possibilities it presents for you.
Wondering how to buy land cheap in Texas? Follow these 4 simple steps and in no time at all you’ll be standing on your very own vacant land investment. Click here now to see our Texas land listing, or call us at (970) 420-2440. We are happy to show you how to buy land cheap in Texas right now.