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Houston OTers ... What's a good price per acre for residential lots?
Posted on 1/26/12 at 11:29 am
Posted on 1/26/12 at 11:29 am
I'm looking in Montgomery County and have found lots ranging from $75K down to $25K per acre. I've found 4.5 acres in a gated community on a lake for $116K. Is that a good deal?
1
Posted on 1/26/12 at 11:58 am to BoudinJoe
It depends on where it is, if the HOA is still there, what is allowed to build in area, etc. I have seen it from $5,000 to almost $100,000 for a 1/2 acre. Check out the HOA first before you buy - if they are not in control or if they are long gone, run - don't just walk - away.
Good luck!
Good luck!
Posted on 1/26/12 at 12:07 pm to blacykaty
Thanks. It appears the HOA is still in control. This may be a good deal.
Posted on 1/26/12 at 12:08 pm to BoudinJoe
You need to change the title.
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