Investing in Floresville Land? 8 Things to Know

Investing in Floresville Land? 8 Things to Know

  • Hayes Heritage Realty
  • 01/22/23

Investing in land can be a lucrative and rewarding endeavor, but it is important to do your due diligence before making a purchase. Though it’s often a great way to build well, the concept of buying and investing in land is not always well-understood. Surprisingly, there are a lot of important considerations people miss when deciding on whether a plot of land is a good investment.

Of course, land investment is not for everyone, but if you are ready to make a move on a plot of land, here are some key things to consider before investing in Floresville land for sale:

Location, location, location

One of the most important factors to consider when investing in land is its location. You want to look for land that is in an area with strong economic growth and development potential. This could be an area with a growing population, new businesses moving in, or other signs of growth.

Currently, the land south of San Antonio is being eyed by buyers and developers alike, which will drive the value of land and Floresville real estate overall. In fact, in the summer of 2022, national homebuilder Lennar Homes broke ground on what will become a 94-home community, Lennar’s first in Floresville.

Know the zoning laws and regulations

Before investing in Floresville land for sale, it is important to research both Texas and local zoning laws and regulations. These state and local laws will determine what you can and cannot do with your land and can significantly impact its current and future value. If you are planning on making any changes or improvements to the property, you will need to ensure that they are in compliance with the zoning laws. For example, if the land is zoned for residential use, you may not be able to build a commercial property on it. Finally, if you violate zoning laws, you may face fines or other penalties, which could be costly and time-consuming to resolve.

Understand the land’s natural resources and potential for development

Another important factor to consider when investing in Floresville real estate is the availability of natural resources such as water, minerals, and timber. Natural resources like these can be valuable assets, but they can also come with environmental and regulatory challenges that you should make yourself aware of before investing. Again, it's important to consider the potential for development, such as the ability to build a home or other structure on the land.

Access and transportation

Access to major highways and interstates and infrastructure is another important factor to consider when investing in land. Is the land easily accessible by road, and is there public transportation nearby? These factors can impact the value of the land and your ability to develop it. Located about 30 minutes southeast of San Antonio, Floresville is optimally located along two major highways, highway 97 and route 181.

Consider environmental issues

Before investing in land, it is important to consider any environmental issues that may be present. This could include things like flood zones, soil contamination, or other concerns. Environmental issues can be costly to remediate and can significantly impact the value of the land. Other environmental factors that can impact land value include the availability of natural resources, such as timber or minerals, and the presence of attractive features, such as scenic views or access to recreational activities. Consider hiring an independent surveyor to inspect the Floresville real estate that you are looking at to assess its value and potential risks.

Financing options

If you are planning to finance your land purchase, it is important to consider your financing options.

Consider taking out a traditional mortgage from a bank or other financial institution. This will typically require a down payment and will involve monthly payments over a set period of time, with interest accruing on the outstanding balance. Sometimes you can obtain a loan from the government, like the U.S. Department of Agriculture's Farm Service Agency, or a private lender specifically for land purchases. These types of loans may have more flexible terms and may be available to individuals who do not qualify for traditional mortgages.

Do your due diligence

Before purchasing Floresville land for sale, it is important to conduct thorough due diligence. This includes researching the property's history, title, and any liens or encumbrances. You should also have a professional survey conducted to confirm the property lines and boundaries.

Work with a professional

Investing in land can be complex, and it is important to work with a professional who can help you navigate the process. A good real estate agent is worth their weight in gold and has the knowledge and experience to guide you through the process of buying land, from searching for the right property to negotiating the purchase price. They can also help you navigate any legal issues or paperwork that may be involved. Additionally, a real estate agent has access to a wide range of listings and can help you find land and properties that meet your specific needs and budget. They can also provide valuable insights into local market conditions and trends, which can be helpful in making an informed decision about which property to buy.

In summary, investing in land can be a lucrative and rewarding endeavor, but it is important to do your due diligence and consider key factors such as location, zoning laws, natural resources, access and transportation, environmental issues, financing options, and due diligence. Working with a professional can also be helpful in navigating the process. By considering these factors, you can make an informed decision and increase your chances of success when investing in Floresville real estate.

Thinking of investing in Floresville real estate?

Are you interested in Floresville land for sale? If so, look no further than the experts at Hayes Heritage Realty, who are happy to advise you every step of the way to ensure you find the land that has everything you’re looking for. With over 20 years of experience in Central Texas real estate, owner Kristi Hayes is well-equipped to help you and your family make a wise purchase.

Work With Us

Hayes Heritage Realty is a Real Estate company in La Vernia,Texas. Broker/Owner Kristi Hayes has been a Realtor in the Central Texas area for over 20 years. We service the greater San Antonio area and the surrounding counties.