Ready to build a custom home or your dream second shelter? It seems that now is the time to buy. According to a report by the Texas Association of Realtors, small land sales are booming across the Lone Star State as prices experienced a slight drop in 2016. And we do mean slight. The average price per acre on small land sales saw a .03 percent decrease last year.
Dallas seems to take exception to the price decline, however. On average, local land sales showed an 11.44 percent price increase per acre last year. The average price per acre rose to $8,315. But that hasn’t slowed buyers. In the Dallas Fort-Worth area, small land tract sales were up 20.87 percent in 2016.