By The Kent Redding Group
AUSTIN, TX. - Thanks to a recent article from Austin culture map, we know that homes in the Austin Texas area have more land than other metro areas across Texas and this is good news for home buyers who are searching for more than just a single family homes.
6.6% of Austin Area Homes Sit On At Least 5 Acres of Land
How big are lot sizes in the Austin area when compared to other metro areas across Texas? 6.6 percent of single-family homes in the Austin Texas area sit on at least 5 Acres; this beats out San Antonio (5.9 percent), DFW (2.5 percent) and the Houston metro area (2.1 percent).
To come up with the acreage statistics, CultureMap reviewed data from the Census Bureau’s 2013 American Housing Survey (Austin and San Antonio) and 2015 American Housing Survey (Dallas-Fort Worth and Houston). Austin and San Antonio were not included in the 2015 survey.
Austin Is Still A Great Place to Find a Rural Property
Yes, even though the Austin Texas real estate market has been hot for the last two years, and there’s been a lot of development, the reality is that the Austin area still continues to be a great place to find a rural property or “ranchette” since much of the area's land still remains undeveloped.
Besides being a great place to purchase a ranchette or rural property, Austin is also been an excellent area for home buyers to purchase their second homes, vacation homes, or getaway homes.
Not sure if you want to buy a house in Austin or just land? In 2015 Austin led the entire state of Texas in sales on small tracts of land but, small has a different type of meaning here because in Texas small actually refers to land that is 49 Acres or less.
Besides purchasing land in the Austin area to develop and use for their vacation homes, many home buyers have bought land for the purpose of holding onto it since they know that they will get an excellent return on investment within a few years.
Perfect Time to Buy In Austin
Now is a Perfect time to buy a home in Austin Texas, to get started contact the Kent Redding Group today by calling us at (512) 306-1001 or click here to connect with us online.