Discover available land for sale in Gillespie County through the expertise of Michele Smith. Whether you're seeking a tranquil rural retreat or an investment opportunity, our listings cover a variety of options. Reach out to Michele Smith to access valuable insights, schedule property viewings, or gather more information. Your journey to owning land in Gillespie County starts here.
Team Name / Company Stats
The housing market in Gillespie County shows stability in median prices but demonstrates a considerable increase in the average time homes spend on the market.
Insights into Gillespie County's housing market:
Median Home Prices: Last month, Gillespie County experienced a marginal decline of 0.033% in the median sale price of homes, maintaining a median price of $477,000 compared to the previous year.
Price per Square Foot: The median sale price per square foot significantly dropped by 51.1% since last year, now standing at $203.
Sales Dynamics: Homes in Gillespie County are taking longer to sell, with an average of 80 days on the market compared to 53 days the previous year. Additionally, there was a decrease in the number of homes sold, with 20 homes sold in October this year, down from 22 in the same period last year.
Price Stability: The slight decline in median prices suggests a relatively stable market, despite the considerable drop in the price per square foot.
Extended Time on Market: The increase in the average days on the market might indicate a shift in buyer preferences or other factors influencing property sales.
Local Real Estate Dynamics: Gillespie County continues to offer opportunities for buyers, albeit with nuanced pricing trends and a longer selling period.
For personalized guidance and in-depth knowledge about navigating the Gillespie County real estate market, Michele Smith is your trusted advisor. With a dedication to providing valuable insights and exceptional service, Michele is well-equipped to assist you in your real estate endeavors in Gillespie County.
In Gillespie County, land for sale includes residential lots, ranch land, vineyards, hunting land, and large acreage tracts for recreational or agricultural use. The area is also known for its rolling hills and wine country.
The average price per acre in Gillespie County ranges from $10,000 to $25,000, depending on proximity to Fredericksburg and amenities like river access or hilltop views. Vineyards and prime ranch land typically command higher prices.
Yes, zoning regulations in Gillespie County vary depending on the location and land use. Agricultural, residential, and commercial zoning are common, and some areas may have restrictions for development or business operations. Verify local ordinances before purchasing.
Gillespie County offers a mix of rural charm, proximity to Fredericksburg, and opportunities for investment in ranching, agriculture, or vineyard development. The area’s scenic landscape and tourism appeal make it ideal for those seeking both residential and commercial opportunities.
Yes, many properties in Gillespie County have access to utilities such as water, electricity, and septic systems. Rural properties may require additional infrastructure like wells or solar power, but land closer to towns like Fredericksburg usually has access to municipal utilities.
When purchasing agricultural land, consider factors like soil quality, water rights, irrigation systems, and the suitability of the land for crops or livestock. Also, be sure to understand the zoning regulations and any tax exemptions for agricultural use.
Yes, agricultural or wildlife management tax exemptions are available for land used for farming, ranching, or wildlife preservation. These incentives can significantly reduce property taxes, making land ownership more affordable for long-term use.
You can finance land in Gillespie County through banks, credit unions, or specialized land lenders. Down payments for land loans typically range from 20% to 50%, and you may need a higher credit score and a solid financial plan for approval.
Browse things to do, places to see, and landmarks to explore in Llano, TX and nearby areas.
Find Your Dream Land for Sale in Llano TX?
We are a family owned boutique-size, full service real estate firm with a small family atmosphere. Let us share the Texas Hill Country with you.
