East Texas Houses With Land for Sale - 1,562 Properties (2024)

FAQs

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

Today average East Texas land is averaging $5,420 an acre—and buyers are flocking to bid and buy. Along the Gulf Coast and the Brazos Bottom, sales price so far this year averaged $7,069 an acre.

The affordability of housing in Texas is driven not just by the availability of land but also by a business-friendly environment and more affordable labor. This has had an obvious impact on building costs, which consequently helps make homes cheaper overall.

These factors may vary depending on the location, size, type, and condition of the property. However, in general, property prices in Texas are cheaper than in many other parts of the country because there is more housing supply than demand, more land available for development, and lower property taxes than average.

Houzeo, Realtor and Zillow are the top contenders for best real estate websites in Texas. However, Houzeo provides unique packages that can help home sellers with a quick and smooth home sale experience.

Where is the cheapest land in Texas? You're likely to find some of the cheapest Texas acres in the Panhandle and South Plains region, or in Far West Texas. Although price per acre has still been increasing in the Panhandle and South Plains, you could still find land there for an average of $1,527 per acre.

According to Texas A&M University, an acre in Texas costs $4,426 as of the third quarter of 2022. Furthermore, the average price of farmland has increased by 11.3% since 2021 to $2,650 per acre. A typical acre of cropland is worth $2,420. Compared to a year ago, this is an increase of 12.6%.

Cost of Living in Florida vs Texas

Florida offers some of the best living costs in the country but Texas is still the winner with a cost of living index that is actually lower than the nation average. The median listing price of a house in Texas is also $274,500 compared to $300,00 in Florida.

What is the cheapest place in Texas to buy a house? The frontrunner. Amarillo is the absolute cheapest place in Texas to buy a house. The median home price is $196,429, the cost of living is well below the national average, and the parks and amenities in town are quite robust.

"Higher mortgage rates deterred some buyers in 2023, but even so, the overall median price of homes in Texas saw only a slight decline, 1.4 percent, compared to 2022, with the majority of metro areas seeing slight median price increases.

Is it cheaper to buy land and build a house in Texas? ›

It costs $264,100 on average to build a home in Texas. This figure can add up to $414,100 if you include land costs, excavations, permits, and other expenses. A new home construction can take up to 9 to 12 months. Whereas you can buy a home in Texas for $351,500 (median sale price as of August 2023) in 1.5 to 2 months.

Low Property Taxes: Texas has relatively low property taxes compared to many other states, making land ownership more affordable for many families. Some property owners could also be eligible for state and federal mortgage interest tax deductions depending on their loan value.

The required credit scores for mortgages in Texas differ based on the type of loan. Conventional loans demand a score of 620, while government-backed loans are more lenient. However, a score below 500 makes mortgage approval difficult.

If safety is among your top considerations when choosing where to live, there are a number of Texas cities that you may wish to consider such as Plano, Frisco, and McKinney as well as Pearland and Allen.

Austin is currently the #1 best place to buy a house in Texas. Known for its vibrant music scene, tech industry growth, and outdoor activities, Austin consistently ranks as one of the best places to live in Texas. The city offers a thriving job market, excellent schools, and a diverse and welcoming community.

West Texas – $1852 per acre. Northeast Texas – $6201 per acre. Gulf Coast-Brazos Bottom – $7724 per acre. South Texas – $4430 per acre.

At first glance, how to calculate price per acre (PPA) is a relatively simple equation. It is the value of your property (v) divided by the number of acres (a). So, v ÷ a = PPA. You don't have to worry about squaring the measurement, because an acre is already considered to be a squared number.

An American football field is 120 yards long by 53.3 yards wide, or 360 feet by 160 feet, which is 1.32 acres. If standing at the corner of a square 10-acre property, the property boundaries are 660 feet in each direction or 3 football fields in length.

The 18 matching properties for sale near Dallas have an average listing price of $52,846 and price per acre of $103,215. For more nearby real estate, explore land for sale in Dallas, TX.