Have you always dreamed of owning a ranch? Did the wide open spaces and stunning beauty of the Texas land on shows like Dallas leave you with a yearning to own some of your own? This may be the perfect time to find East Texas ranch land for sale. Land prices are still low here but you can be sure that they won’t stay this low for long.
As baby boomers and their next generation near retirement, many of them are choosing to relocate to the wide open spaces of Texas. The influx of industry and retirees has made Texas the fastest growing state in the country. Much of that growth is centered on the major metropolitan areas of Dallas-Fort Worth, Houston and Austin.
In the past few years, many people seeking an escape from the urban hustle and bustle have taken advantage of the lower prices for rural land to acquire their own dreams. The past year has seen the prices for land west of Dallas rise 15%, but the average price of ranch land for sale still remains around $1,000 an acre. As land prices continue to rise in other parts of the state, though, it’s inevitable that more people will look to East Texas ranch lands, and the prices will begin to rise.
What is fueling the current boom in rural land sales? There are a number of factors that contribute to the rising sales and land values in rural areas like East Texas. Lower interest rates are part of the equation, encouraging sales of all types of land and homes. But that’s only part of the impetus. Retirement planning also plays a part in the rising interest in rural East Texas ranch land.
As other investments lose their luster, people come back to basics, and the most basic investment is, and has always been, real estate. Land never goes out of fashion. Even as prices dip and fall throughout the country, investors keep looking for land bargains and they’ve found them in East Texas ranch land.
According to experts at Texas A&M, the typical buyer of East Texas ranch land these days is not looking for a working ranch. If they are buying land for personal use, they are more interested in the esthetic and recreational appeal. They’re buying ranch land for its beauty, and for retirement and vacation homes, where the beauty of the piney woods lends itself to hiking, hunting, fishing and other outdoor activities.
Ranch land for sale here offers many advantages and amenities. These include large acreages, and it’s still possible to buy ranch land here in lots of thousands of acres. This is a far cry from many more urbanized and developed areas, where it’s difficult to buy plots of land with more than a few acres. This makes ranch land here ideal for development purposes as well as for use as recreational land or as working ranches.
There are full working ranches for sale in East Texas, including horse ranches and cattle ranches, and specialty ranches for goats, sheep and ostriches. Other investment potential for ranch land here includes use of the land as grazing land, access to grazing land, water development and land for storage or use.
Unlike West Texas, which is largely dry and desert-like, East Texas is a humid, sub-tropical region and much of the ranch land for sale here is heavily forested with piney woods. A great deal of land has been cultivated for wood production and logging, which also offers strong investment potential.
Many investors see the same potential here that existed in Florida land a couple of decades ago. Those who invested in remote Florida land in the 1960s and 1970s have seen their land values increase enormously as land developers increased the desirability of owning vacation homes and resorts in Florida. East Texas is poised on the same sort of edge, with millions of acres of beautiful ranches for sale, ready and waiting for the next boom of development to increase its value.
Whether you’re looking for ranch land for sale, for personal use as a primary home, a vacation retreat, or for its investment potential. You’ll find prices that are affordable and it’s possible to buy large parcels of ranch land for less than it costs to buy a house on a single acre in many urban centers. Why pass up one of the most beautiful and desirable investment opportunities available today? Take a look at all that East Texas ranch land has to offer.