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Preferred Properties of Texas

The Preferred way to buy & sell real estate for you

Why Texas Land is a Top Investment Choice

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Texas is renowned for its barbecue, live music, and vast open spaces. For those considering buying land in the Lone Star State, there are many advantages—especially for investors in agriculture, timber, or wildlife preservation. If you’re still undecided, here are six compelling reasons to invest in Texas land:

1. Varied Landscapes to Match Your Vision

Whether you’re dreaming of starting a farm, building a home, or owning a ranch, Texas offers a wide variety of properties to meet your goals. The state’s diverse topography—ranging from serene lakes and fertile farmland to rugged mountains and thriving urban hubs—makes it ideal for land buyers of all kinds. Explore the different regions of Texas here.

2. Booming Population Growth

Texas is the fastest-growing state in the U.S., adding hundreds of thousands of new residents each year. This surge creates tremendous opportunities for land investors in residential, commercial, or mixed-use developments. According to Ed Curtis, CEO of Texas, “With an abundance of investable land and a growing population, Texas should be on the top of every land investor’s list in 2025.” Learn more about Texas population trends here.

3. Attractive Tax Incentives

Texas landowners using their properties for agriculture, timber, or wildlife preservation can qualify for significant state property tax exemptions. Farmland may also be eligible for federal Schedule F exemptions, allowing deductions for land-related expenses. These benefits help maximize returns and reduce costs for property owners. Read about Texas agricultural tax exemptions here.

4. Ample Space to Spread Out

Everything is bigger in Texas, including the available land. Beyond the metro areas, vast tracts of rural property offer ideal opportunities for large-scale projects like ranching, recreation, or residential developments. The state’s abundant space is a dream for investors. Discover rural land opportunities in Texas here.

5. Unique Financing Options

Specialized lenders in Texas often provide favorable terms for rural land purchases, such as lower interest rates and reduced down payments. These unique financing opportunities make buying rural Texas land more accessible and lucrative. Find Texas land financing resources here.

6. Encouragement for Agricultural Investments

Texas has lost over a million acres of farmland since 1997, creating a demand for private buyers to invest in the state’s agricultural infrastructure. With tax breaks and lending incentives, Texas is eager to support buyers who preserve farmland and contribute to its ecological future. Learn about farmland investment opportunities here.

Final Thoughts

If you’re considering buying land in Texas, the state offers incredible opportunities for every type of investor. From commercial development to agricultural ventures, Texas is the ideal location to make your vision a reality.

Contact us at Preferred Properties of Texas today to explore your options and find the perfect piece of Texas land for your needs!

What Is Unincorporated Land And Is It a Good Buy?

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When searching for land, you might come across the term “unincorporated.” This type of land is most common in rural areas, but it can also be found near cities.

Like any land purchase, it’s important to gather as much information as possible. Here’s a quick overview of unincorporated land, along with some pros and cons to help you decide if it’s the right fit for you.

What is Unincorporated Land?

Unincorporated land isn’t governed by a municipality. It can either be part of a larger incorporated town or completely separate. These areas lack official local government representation, though they still follow county laws regarding zoning, water usage, and waste management. Essential services may be provided by nearby towns, and landowners are typically taxed to cover these costs.

Laws regulating unincorporated land vary by state, so your experience could differ widely depending on the location.

Pros and Cons of Unincorporated Land

Pros:

  • Less municipal oversight: While county laws still apply, unincorporated areas tend to have fewer zoning restrictions.
  • Lower sales taxes: Many unincorporated areas have lower taxes than neighboring towns, which can affect things like car registration or retail purchases.
  • More privacy: Larger lots and fewer restrictions allow for more freedom and privacy.

Cons:

  • Limited services: Essential services like water, fire protection, and road maintenance may be less efficient or more costly.
  • Higher property taxes: In some cases, property taxes may be higher since services are funded separately.
  • Reduced infrastructure: You may encounter fewer amenities, such as paved roads, streetlights, and public transportation.

Evaluating Unincorporated Land Before Buying

Before purchasing unincorporated land, research local regulations, services, and infrastructure.

  • Understand zoning laws by contacting the county planning department.
  • Check available services like water, waste management, and law enforcement, which might be limited or outsourced from neighboring towns.
  • Assess infrastructure needs, including road conditions and street lighting. You might need to invest in improvements.
  • Consult local experts like real estate agents and county officials to understand the area and any potential challenges.

Is Unincorporated Land Right for You?

Unincorporated land may be ideal if you value privacy and flexibility, particularly in rural areas. With fewer restrictions, it’s great for custom homes, hobby farms, or a more secluded lifestyle. Lower property costs can also make it attractive.

However, you should weigh these benefits against potential downsides, such as limited services and higher infrastructure costs. The decision ultimately depends on your personal preferences and how the land aligns with your goals and lifestyle.

Original Blog: https://www.landhub.com/land-news/what-is-unincorporated-land-and-is-it-a-good-buy?inf_contact_key=d2d777ac89f1945f822bcd9665769251680f8914173f9191b1c0223e68310bb1

How To Maintain A Waterfront Property

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Looking for a good investment that will give you a great return, and also allow you to enjoy nature? A waterfront property may be the best choice for you. It can be both a beautiful home and a lucrative long-term investment.

Budget for additional maintenance expenses if you’re planning to purchase a waterfront property. Investing in quality materials and hiring professionals can save you money over time. It can be rewarding to own a waterfront property, but you need to take good care of it in order to protect your investment. Your waterfront property can be a source of serenity and joy for many years with a little extra care.

Here are some tips on how to maintain your property and enjoy it for many years to come.

1. Keep an eye on Water Levels. The water level in a waterfront property may fluctuate. This can cause erosion and damage to docks, piers or even the foundation of your house. Keep an eye out for the water level, and adjust your landscaping accordingly.

2. Salt Spray – If you live near the ocean, this can be a problem. It can damage paint and metal fixtures. It can also kill plants. Use rust-resistant materials, and choose salt-tolerant plants.

3. Monitor for Moisture. Waterfront properties tend have more moisture in their air, which can lead mold and mildew to grow. Keep your home well ventilated and watch for signs of water damage.

4. Check for Debris. Waterfront properties are susceptible to debris such as seaweed, driftwood and trash. Keep your property looking great by cleaning regularly.

5. Maintain Your Dock or Pier. If you own a dock or pier make sure that it is regularly inspected for signs of wear. Keep it clean and maintain it well to extend its life.

6. Hire a Professional – If you are unsure of how to maintain your waterfront property, hire a professional. A landscaping or maintenance business can help you maintain your property.

There are many ways to maximize your waterfront property, in addition to maintaining it properly. Enjoy the tranquility of the area by engaging in water sports and spending time outdoors. Waterfront property offers a variety of recreational activities, including kayaking, fishing and relaxing on the beach.

In addition, waterfront properties tend hold their value better than any other type of property. This is due to the fact that waterfront properties are highly sought after and limited in supply. Waterfront properties can appreciate in value, making them an excellent investment.

Waterfront properties tend to be located in small, close-knit towns with lots of opportunities to socialize and meet new people. Engaging in your community not only makes your waterfront experience more enjoyable, but it also opens doors for future business and investment opportunities. A waterfront property can provide you with a sense peace and serenity, while also having a high resale price.

Renting out your waterfront property is an option if you don’t live there full-time. Renting your property allows you to earn extra income and keep the property in use.

Follow the tips in this article to make the most of your waterfront property ownership. Enjoy the breathtaking views, take part in water sports, and maintain your property for maximum value.

If you’re ready for your dreams of buying a waterfront property to come true give us a call today at 254-965-7775!

Original Blog: https://www.landhub.com/land-news/how-to-maintain-a-waterfront-property?inf_contact_key=b961104f66f0bbca22b1ade1853ed520680f8914173f9191b1c0223e68310bb1

Protecting Your House from Rainwater Damage: 5 Tips

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In the last few years there have been many cases of heavy rains in the US. In many cases, heavy rains were followed by floods. Experts warn, based on new research that such weather conditions will only get worse.

First Street Foundation reports that climate change causes more rain and flooding to occur in different parts of America. Already, the impact of heavy rains is being felt in America.

ABC News reported that fifteen million Americans were on flood alert in the last weeks of January. The Northeast was soaked by a coastal storm. As such weather becomes more common, Americans must learn how to protect their home from rain damage.

This article will discuss some tips on how to protect your home against rainwater damage.

#1 Gutters and downspouts maintenance 

Begin by checking your gutters to see if there are any debris such as leaves or twigs that could obstruct the flow of water. To ensure that your gutters remain clear, regularly clean and flush them.

The downspouts are crucial to the function of gutters. Extend the downspouts, ideally at least five feet from the foundation. Install downspout extension or diverters that will direct water to designated drainage areas.

fascia boards must be selected correctly. Fascia boards add moisture protection to the roofing system of your home. They protect the edge of your roof from moisture, which in turn prevents mold.

Belco Forest Products says that high-quality fascia material makes your roofing system more durable and stronger. The edges will last longer, even in heavy rain.

#2 Sealant Applications

Sealants are a great way to protect against rainwater. Unfortunately, this is a home protection strategy that many people overlook.

Sealants must be inspected and reapplied around your windows, doors and other exterior openings. These seals will degrade over time due to exposure to elements. Water can easily enter your home when it rains heavily.

Choose a silicone sealant to use in your home. It is a reliable and durable sealant that provides a barrier against moisture.

#3 Landscaping for Drainage

Create a thoughtful grading plan for your home so that water flows naturally away from the foundation. Encourage rainwater to flow away from your house by sloping the land.

Install permeable surfaces such as pavers or gravel in areas that tend to accumulate water. These surfaces allow for water to permeate the ground and prevent pooling. They also reduce the risk of foundation damages. Water-absorbing native vegetation can be planted in strategic places to help with water absorption.

Don’t hesitate to hire a professional landscaper if you don’t want to do it yourself. According to Forbes such services cost between $2,600 and $14,700. Costs will vary depending on how large the area is, the length of the project and the number of tasks required.

#4 Window Well Covers

Basements are especially vulnerable to damage from rainwater, and often become the first victims during heavy downpours. If not properly protected, window wells can allow rainwater to seep down into the basement. This vulnerability can be addressed by installing window well covers.

These covers are typically made from durable materials like metal or polycarbonate. They protect window wells against rainwater, debris, and snow. Make sure the covers are properly fitted and securely fastened to avoid any gaps which could allow water into your home. To maintain maximum functionality, clean the covers regularly.

#5 Foundation Waterproofing

The foundation is both the literal and symbolic bedrock for your home’s structural integrity. The foundation must be waterproofed to prevent rainwater damage. Start by checking the foundation for signs of water leakage, such as cracks or fissures. Address any problems with immediate professional repairs.

A waterproofing membrane applied to the foundation walls on the outside can act as an impermeable barrier that prevents rainwater from entering. Sealant paints and coatings can also be used on the interior, particularly in basements that are finished. To ensure lasting protection, it’s important to use products designed specifically for waterproofing foundations.

Protecting your home against rainwater damage is a proactive and comprehensive approach. You can protect your home from the destructive effects of rain by following these tips.

Rainwater can cause immediate damage to your home. Regular inspections and timely repairs will help you protect it. All of these things will help to increase the resilience of your home over time.

Original Blog: https://realtytimes.com/consumeradvice/ask-the-expert/item/1048468-protecting-your-house-from-rainwater-damage-5-tips?rtmpage=wishes

What to Tell Your Kids When They Want to Buy Their First Home

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When you buy your first house, it’s a thrilling time. It’s a little scary, but it’s still a lot of fun. You’ve probably bought your first home, second home or even third one. So you’re familiar with the process. There’s a new language in real estate and mortgages. Some words are only used within the real estate world. The word “mortgage” is a good example. Mortgage is also used in other contexts, but it is most commonly associated with real estate. You may remember when you bought your first house. You were probably excited and anxious, but as the business side of the deal begins to take shape it takes on an entirely new dimension.

What do you do when your eldest calls you at dinner and says, “I’m ready to stop renting, and I want to buy that house I saw on the street.”? There are many reactions, but the most common is to tell your child it’s more than just excitement. You’ll also find some boring things. For starters, there’s a lot of paperwork to sign.

Not only will they need money to pay for the down payment, but also for closing costs. The ‘hard’ costs, such as an appraisal or credit report, but also the’soft’ costs like property taxes and insurance. Prepaid interest can also be a cost. Prepaid interest may need a short explanation. When a monthly mortgage payment is made, the payment is applied according to the number days owned the previous month. If someone closes and sells a home on 31st, the first mortgage payment will include that day. If you close on the 15th of the month, 15 days’ interest will be collected. Rent payments are applied to the next month.

Your children also need to understand that a mortgage is an entirely different type of commitment. You can’t just walk away. Renting allows you to move on to another property after the lease period is over. You’re required to hold a mortgage until you sell the house or decide to refinance. There will still be a mortgage. Lastly, the responsibility for property taxes and insurance falls to the children and not the landlord.

Do not discourage your children from buying. Just let them know that there is more to it than the down payment.

Original Blog: https://realtytimes.com/archives/item/1022835-should-you-buy-a-home-warranty?rtmpage=

How to Buy Your First Real Estate Investment

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Real estate investing may seem like a lofty dream, but you might be closer than you think. Real estate investing does not have to be a huge portfolio.

The first time you buy an investment property, it can be a daunting experience.

There are some general tips that you can use regardless of your budget.

Decide Your Goal

Knowing your goals is the first step to buying your first real estate property.

Are you looking for passive income or capital quickly? Both are valid goals, but only one is right for you. Even the best real estate agent won’t be able help you find the perfect property until you know what you want. 

Rent should cover your mortgage and other expenses.

But are you a good landlord? How handy are YOU? You need to consider the cost of maintenance and repairs if you are not handy.

You should also pay off any personal debts before investing in real estate. You need to pay off student loans, credit card debt, and medical bills before you can be a realistic real estate investor. You need to give yourself some breathing room financially.

It’s important to understand the risks involved in your goals.

You may have to pay bills even if your real estate investment is vacant for longer than expected.

You could also be hit with unexpectedly large maintenance bills. You might have to replace your air conditioner or install a new roof.

Plan for what you will do if your tenant stops paying rent. You may not be able to get back the months of rent that you haven’t received.

In this guide, we’re mainly talking about investing in rental properties. However, buying a property to flip comes with its own challenges. It’s almost never the case that you will have to pay more for the work you do on a flip than you expected. You may also find that the home stays on the market much longer than expected, which will result in higher costs.

Save a Down Payment

If you plan to buy a property as an investment, you will need to put more money down than if you were purchasing a primary residence.

Renting a property means you’ll need to put down at least 20%, and mortgage insurance won’t be an option.

You should also have two other financial goals in mind while you are saving for your down payment. First, you should build up your cash reserves for when things don’t go as planned. You should also work to improve your credit score, as you will need to have a high score to qualify for a mortgage.

The Mortgage Process for an Investment Property

Calculate your monthly payment and rates if you are buying a property to invest in rather than as a primary residence. You can then get preapproved so you know exactly how much you can spend.

It is advantageous to work with a home-loan expert who has experience with investment properties, as the rules are different than those for buying a primary residence.

One of the most common mistakes made by new investors is not securing funding before searching for a property.

Preapproval will allow you to move quickly when you find the property you are looking for. You won’t be disappointed if you discover that you do not qualify for enough funding to purchase it.

If you are buying a rental, you will need to provide two years’ worth of tax returns, your W-2s for the past two years, and two months’ worth of bank statements. They will also verify your assets.

A lender will want to make sure you have six months’ worth of mortgage payments saved up in case you encounter any unexpected problems.

You need to be prepared and do your research. If you are not prepared, investing in property can lead to financial disasters.

Original Blog: https://realtytimes.com/archives/item/1043224-how-to-buy-your-first-real-estate-investment?rtmpage=

Preferred Properties of Texas

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