For the Texas real estate market 2015 could end up being a record year, partially because of one lesser-focused on segment. According to the Texas Association of Realtors (TAR) the small land sales market is a standout performer among the state’s various residential real estate segments.

  • Houston has the highest price per acre in the state.
  • Houston's "acreage community" is hot right now.
  • Houston real estate market has started to show signs of weakness.

For the Texas real estate market 2015 could end up being a record year, partially because of one lesser-focused on segment.

According to the Texas Association of Realtors (TAR) the small land sales market is a standout performer among the state’s various residential real estate segments.

Andrey Bayda / Shutterstock.com

Andrey Bayda / Shutterstock.com

The Houston-Sugar Land-Baytown is responsible for nearly 25 percent of these small land sales, which consist of land parcels 42 acres or smaller.

[Tweet “Nearly 25 percent of all Texas small land sales occur in Houston.”]

Most of the small land sales in this region occur around the Houston metro area and are purchased by residents seeking a recreational property out of town, according to TAR.

Last year, the Houston region had the highest price-per-acre, $9,167, in the state, with a median tract size of 18 acres.

West of The Woodlands appears to be one hot spot for buying existing homes that sit on acreage.

According to Amy Smythe-Harris of Urban Provision Realtors, homes in the rural cities of Tomball and Magnolia that sit on two to five acres are “huge right now,” with most receiving multiple offers.

While TAR points to Texas as having a record year, CoreLogic points out that Houston is showing signs of weakness, in the form of falling sales activity and slowing home price appreciation.

Email Erik Pisor

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×