Is Purchasing Land a Good Investment in Texas?

Purchasing land has historically been a stable, non-volatile investment for portfolio diversification. Owning land also has practical applications. Unlike other investment types, it’s tangible, can be put to productive use and even improved to increase its valuation.

Some homebuyers may wonder if the time and added cost of purchasing land and having a new home constructed is worth it. At Ranger Ridge, we are confident you won’t regret the decision. Members who join our community are investing not just in this gorgeous Texas region but also in their family’s future happiness.

The Benefits of Buying Land in Texas

• Growth Potential: Texas has experienced rapid population growth between 2000 and 2022, at a rate that surpasses every other state in the country. Nearly every metro area in the state has experienced skyrocketing demand for residential development as well as shrinking housing inventories for more than a decade. This demand, coupled with the unique quality of our community, helps ensure your Ranger Ridge property will retain its value if you decide to sell after building. Real estate in Texas has a history of solid appreciation. There is a consistent demand for well-made homes in tight-knit communities surrounded by beautiful scenery, which Ranger Ridge provides. We’ll help you build a home customized to your preferences that fits neatly within the serene Texas landscape, surrounded by traversing creeks and the Palo Pinto Mountains.

• 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. You can learn more about potential savings and eligibility here[1] .

• Rural Retreat: While people searching for properties to purchase should always consider the financial benefits and potential for appreciation, money is far from the only thing that matters to Ranger Ridge community members. Owning land in our community can give you a respite from the rampant traffic and smog of cities. The unique features and perks of our community also enable members to pursue hobbies they couldn’t normally enjoy in urban settings, such as hunting, fishing and horseback riding.

Potential Drawbacks to Consider When Purchasing Land

Land is sometimes considered more illiquid than other real estate assets. Demand for undeveloped land is highly variable and depends largely on market demand or unique features that may attract potential buyers. It’s also limited use compared to some alternative property purchase options. Some of these factors can also make it slightly more difficult to secure financing.

However, the unique member features, natural beauty and the limited availability of lots significantly reduce those risks for families considering purchasing property in Range Ridge. 

Still, buyers should be prepared for ongoing costs, such as taxes, insurance and maintenance, as well as any unexpected expenses like sudden repairs or development delays that can occur with property ownership.

While attempting to build a home in the middle of nowhere requires overcoming a variety of obstacles, including zoning regulations, obtaining permits, infrastructure development costs, environmental issues (e.g., flooding, soil quality, etc.) and managing the construction process, those aren’t issues in a planned community like Ranger Ridge.

The process is designed to minimize the risks of unanticipated issues.

Is Buying Land in Texas Worthwhile?

On a macro level, yes, owning a piece of Texas, especially scenic rural Texas, is absolutely worthwhile. The question becomes more complicated on a microlevel, as it really depends on your financial situation, your personal preferences, the needs and desires of your family and the property you’re considering.

There’s a world of difference between totally raw land in the middle of nowhere and improved land that’s prepped for development and ready for building. Despite the challenges you may face, the time and energy spent are ultimately worth it to bring the home you’ve always wanted to life.

At Ranger Ridge, we’ll help you build your homesite with minimal stress. As a planned community, our luxury home sites give you the freedom to design and build the home you’ve always wanted without many of the traditional homebuilding headaches. You can also talk one-on-one with our designers and builders, who will help you design a fleshed-out spec of your home, providing you with their expertise while respecting your vision.

Live in a Customized New Home Inside a Planned Community Within an Open Nature Preserve

The Ranger Ridge team will help you and your family construct your dream home as soon as possible. We boast over 2,600 acres of wildlife reserve and 800 acres of amply spaced homesites. Members can enjoy the Texas countryside and an active outdoor lifestyle while still having access to country club amenities and a tight-knit community of neighbors.

Call us today at (817) 618-6773 or fill out our request form to book a tour or learn more about our homesites.

  Link to "Tax Implications of Owning a Second Home" blog