Land for Sale Llano TX

Land for Sale Llano TX

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Under Contract
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Llano, TX Real Estate Market Overview

$719,000

Median Listing Price

$343

Median Sale Price per Sq. Ft.

$720,000

Median Sold Price

72

Median Days on Market

Llano County, TX Real Estate Market Overview

The housing market in Llano County displays robust growth in median home prices, yet showcases a slight increase in average days on the market.

Current Market Trends: What Buyers Need to Know

Insights into Llano County's housing market:

Median Home Prices: Last month, Llano County experienced a significant surge of 18.0% in the median sale price of homes, reaching $720,000 compared to the previous year.

Price per Square Foot: Despite the rise in median prices, the median sale price per square foot declined by 11.1%, now at $343.

Sales Dynamics: Homes in Llano County are taking a bit longer to sell, with an average of 72 days on the market compared to 59 days the previous year. Additionally, there was a slight decrease in the number of homes sold, with 33 homes sold in October this year, down from 34 in the same period last year.

Overview of Llano County's Market

Strong Price Appreciation: The substantial increase in median home prices signifies robust growth, potentially indicating high demand and limited inventory in certain segments of the market.

Market Adjustments: While prices surged, the decline in price per square foot might suggest a shift in the types of properties being sold or other market factors influencing pricing metrics.

Local Real Estate Dynamics: Llano County remains an attractive location for buyers, albeit with a slightly longer time on the market and nuanced pricing trends.

Engage with Michele Smith

For personalized guidance and expertise in navigating Llano County's real estate landscape, Michele Smith is your dedicated partner. With a commitment to providing exceptional service and insights into local market trends, Michele is ready to assist you in your real estate endeavors in Llano County.

Llano, TX Land for Sale FAQ

In Llano, TX, you can find a variety of land types for sale, including residential lots, ranch land, agricultural land, hunting properties, and recreational land. There are also parcels available with water frontage along the Llano River.

The average price per acre in Llano, TX, varies depending on location, size, and land type, but typically ranges from $7,000 to $15,000 per acre, with riverfront and highly desirable ranch land costing more.

Yes, zoning regulations in Llano depend on the property’s location and intended use. Common zoning categories include residential, agricultural, and commercial. Be sure to check with local authorities for specific restrictions based on the land’s designation.

Buying land in Llano offers opportunities for investment, development, agriculture, ranching, and recreational use. The scenic hill country views, access to the Llano River, and proximity to Austin and San Antonio make it an attractive location.

Yes, many land parcels in Llano offer access to utilities like electricity, water, and septic systems, though this varies by property. Rural properties may require off-grid solutions such as wells or solar power.

When buying agricultural land, consider the soil quality, water availability, access to roads, and whether the land is suitable for livestock or crop production. Ensure that the land meets zoning requirements for agricultural use.

Llano, TX, may offer agricultural exemptions, which reduce property taxes for land used for farming or livestock. Additionally, conservation easements or wildlife management exemptions may be available for specific land uses.

Financing land in Llano can be done through traditional banks, land-specific lenders, or credit unions. Land loans typically have higher down payment requirements (around 20%-50%) and shorter terms than home mortgages.

Find Your Dream Land for Sale in Llano TX

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