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Updated about 7 years ago on . Most recent reply

Advice for someone wanted to start developing land in Texas
Hello. I'm looking to build a small multi-family in Texas - my preferred cities are Houston, Dallas or perhaps San Antonio. Has anyone done this, or known anyone who has done this - whom I could speak to, in order to guide me through the process?
Most Popular Reply

Unless you have some years of experience in land development, construction, etc and planned to relocate (at least temporarily) to that community, I would advise against it. Too many moving parts and details to keep on top of. I'm involved with developers and builders via my day job - even those who are good and experienced run into multiple challenges that have to be resolved quickly.
Quick story. Had my eye on a 60 acre tract last year just outside of San Marcos. Only way it would have worked would have been to subdivide/develop 30 to 40 lots. Would have meant providing access, a street, utilities, site work, etc. I know plenty of lawyers, lenders, engineers, planners, contractors and other professionals that you need to pull it off. And I am local. Decided against it. Why? It's not what I do. I could have done it if I had quit my job, but it would have been easier and turned out better for a professional who does it on a regular basis and knows all the issues/pitfalls.