We Buy Land in Houston TX in any condition. We are local land buyers that offer cash for land in Houston and all over TX. If you need to sell your land fast without having to do repairs or pay agent fees we are the ideal solution. Buying your Houston land fast may be the most ideal, especially if you’re behind on your land payments. We can help!
Vacant land on its own isn’t going to make you a whole lot of money; however, it has a lot of potentials. Building on your vacant land in Houston? Here are the costs you need to know about.
In order to build on the vacant land, you first need to make a plan on what to build. You will need to consult a builder for a floor plan and if they do not have a floorplan you like, you will have to work with them to design a custom one, which usually will incur more fees. Then, once the floor plan is complete, you or the builder will then have to apply for all the permitting. The builder will have discussed all anticipated fees and costs of materials; however, if changes are made or things are done incorrectly, this may push the project over budget.
If your vacant land in Houston is in a special mitigation area, there may be additional cost in surveys and protected wildlife studies and permitting. This could range from a few hundred dollars to a few thousand dollars.
Vacant Land Preparation Fees for Selling your land in Houston
Once the necessary studies and permitting are completed, then you may have cleared and fill costs, which could cost anywhere from $5,000 to over $10,000. Once the land is cleared, you will then have to pay to have the waste removed and the land might possibly need to be filled and graded depending on the current and necessary elevation, which is possibly thousands more.
In addition to the possible mitigation fees, there are usually impact fees associated with building a new residential home. This fee is usually separate from any fees you would pay the developer or builder. These fees help the municipality pay for schools, infrastructure, and other public costs that adding another household would mean to the community. The impact fees are not usually less than $1,000 and can skyrocket to over $100,000. These extremely high fees are often added in areas to discourage development. The average impact fee is about $12,000 as noted in a 2010 study.
Depending on how far away your vacant land is from the nearest utility line hookup, you will have to pay to extend the utility lines to the property. This may cost anywhere from $25 to $100 or more per foot from the nearest line to your property. The average width of a building lot is about 80 feet, so if your property is in the middle of the block, this could be extremely expensive. Also keep in mind that line extension costs usually do not include the hookup fee, which connects the building to the utility line extension.
Well and Septic Fees
If you do not have utility lines in the area, that means you will have to set up a well and septic system. The well will have to be drilled in the correct place to leave enough room for the septic system. The septic system will need to have studied are done to make sure the flow is far enough away from the building and the well, and also other surrounding properties. The installer will also have to develop plans and install the system. If they do this incorrectly, you will have to have the system dug up and redone.
Before you buy vacant land in Houston, or TX in general, make sure you research all of these associated fees. Depending on the exact location, these extra fees may make your diamond in the rough vacant land a little less shiny.
Land Buyers in Houston TX
There is however an easier way to sell your land fast. Sell your land directly to us and avoid agents and long waiting periods! Make no repairs, and pay no agent commissions. No need to list or wait months hoping the land will even sell. We are land cash buyers in Houston Texas that buy land fast in any condition. So if you need to sell your Houston TX land to a reputable land buyer, call Sunrise House Buyers TX at 281-886-8644 or fill out the form below to discuss building on your vacant land or house in Houston and the additional costs you need to know about or just visit our homepage for more information. We are fair, friendly, honest, and have tons of reviews to show for it.