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SE Texas property
Old 08-07-2006, 09:41 PM   #1
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SE Texas property

I have a relative who lives near Alvin Tx. Anyone here live near Alvin,Katy or Pearland? Seems like the property is fairly cheap with some great growth potential. Anyways he has been telling me to invest in some land while its as cheap as it is. Just looking for some thoughts from folks who have experienced the area.

Thought I might add DW and I enjoy Texas on our visits. This could be a possible investment or end up being a retirement spot 7 to 10 years from now.
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Re: SE Texas property
Old 08-07-2006, 11:11 PM   #2
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Re: SE Texas property

I can only opine that Katy and Pearland will be the new suburbs of Houston. Once I-10 is about finished in 2008, the building boom will already be underway in Katy. I saw the same thing happen in The Woodlands and Conroe as I-45 was being widened. I no longer live in Houston area, nor did I live on the West side.

You may already be too late for good land deals in Katy, particularly if developers already have it locked up but I suspect there is still room to go. IMHO, land is readily available and relatively cheap for housebuilding around Houston. I doubt you will ever see significant gains. I think I would buy it (a choice location) more for certainty for a 'home' in Texas than I would for speculative purposes.
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Re: SE Texas property
Old 08-07-2006, 11:33 PM   #3
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Re: SE Texas property

Well we are headed in Oct to basically browse the surrounding areas. Maybe head to Galveston and see the sights. Appreciate your input, thanks.
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Re: SE Texas property
Old 08-08-2006, 11:15 AM   #4
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Re: SE Texas property

Just from what I read about prices in other areas of the country... I would say that there is cheap land down here...

But, it is according to where you want to buy.. Galveston is being built up quickly.. many small condos for over $200,000... and who knows how much the monthly fee will be... (as an example... I priced one out two years ago.. it was about $85,000 for a 474 sq. ft. place with a $300 per month fee... yes, you could rent it out in the rental pool.. but DANG... expensive)

If you want to buy some land to live on an hour or two from Houston, it is more reasonable.
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Re: SE Texas property
Old 08-08-2006, 11:27 AM   #5
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Re: SE Texas property

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Originally Posted by Mwsinron
Well we are headed in Oct to basically browse the surrounding areas. Maybe head to Galveston and see the sights. Appreciate your input, thanks.
If you like being close to the beach, but don't care about swimming, then Galveston is ok.

I like swimming in crystal clear blue water, and such thing does not exist anywhere in Texas. Everything is murky.
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Re: SE Texas property
Old 08-08-2006, 11:31 AM   #6
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Re: SE Texas property

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Originally Posted by Sam
If you like being close to the beach, but don't care about swimming, then Galveston is ok.

I like swimming in crystal clear blue water, and such thing does not exist anywhere in Texas.* Everything is murky.
You can swim in Galveston... just don't expect to see your feet

And it is true it is not blue... it has a lot of sediment and 'other' stuff floating..
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Re: SE Texas property
Old 08-08-2006, 11:33 AM   #7
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Re: SE Texas property

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...and such thing does not exist anywhere in Texas. Everything is murky.
Sam, you are truly a master of the art of understatement.
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Re: SE Texas property
Old 08-08-2006, 11:34 AM   #8
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Re: SE Texas property

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Originally Posted by Texas Proud
And it is true it is not blue... it has a lot of sediment and 'other' stuff floating..
What other stuff? *I go to Galveston quite often, and the water is clean. *Just murky because of the sediment.
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Re: SE Texas property
Old 08-08-2006, 11:36 AM   #9
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Re: SE Texas property

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Sam, you are truly a master of the art of understatement.
Am I supposed to take that as a compliment?
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Re: SE Texas property
Old 08-08-2006, 11:46 AM   #10
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Re: SE Texas property

Ya swimming isnt really my thing. My cousin tells me fishing is nice there. Some people actually wade to fish. Not this guy, I dont like to play in a sharks playground


This time around I think we will concentrate on looking around Alvin,Pearland and Friendsland. The stuff right on the coast seems to be a bit pricy for us.
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Re: SE Texas property
Old 08-08-2006, 11:51 AM   #11
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Re: SE Texas property

Quote:
Originally Posted by Sam
Am I supposed to take that as a compliment?
Now that you mention it, I guess my response might have been a little murky. But as you pointed out, everything around here is that way.

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Re: SE Texas property
Old 08-08-2006, 01:22 PM   #12
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Re: SE Texas property

Quote:
Originally Posted by Sam
What other stuff? *I go to Galveston quite often, and the water is clean. *Just murky because of the sediment.
There were many years where you had to watch out for the tar balls floating around... I have not been down in a long time, so I do not know how bad (or even if they are there) they might be..

You also need to watch for the jellyfish if they are around... (see last statement for caveat)...
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Re: SE Texas property
Old 08-08-2006, 01:24 PM   #13
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Re: SE Texas property

Quote:
Originally Posted by Texas Proud
There were many years where you had to watch out for the tar balls floating around... I have not been down in a long time, so I do not know how bad (or even if they are there) they might be..

You also need to watch for the jellyfish if they are around... (see last statement for caveat)...
Don't forget the sharks
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Re: SE Texas property
Old 08-08-2006, 02:26 PM   #14
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Re: SE Texas property

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Originally Posted by JPatrick
Don't forget the sharks
And, since this is Texas we're talking about, the rattlerfish and the scorpionfish...
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Re: SE Texas property
Old 08-08-2006, 02:30 PM   #15
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Re: SE Texas property

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Originally Posted by Nords
And, since this is Texas we're talking about, the rattlerfish and the scorpionfish...
Yep. Hard to see them in that murky water with all that steer manure floating around...

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Re: SE Texas property
Old 08-08-2006, 02:37 PM   #16
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Re: SE Texas property

Coppermouth rattleheads...
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Re: SE Texas property
Old 08-08-2006, 02:43 PM   #17
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Re: SE Texas property

Hurricanes.
Humidity.
No real estate appreciation.
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Re: SE Texas property
Old 08-08-2006, 03:05 PM   #18
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Re: SE Texas property

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Hurricanes.
Humidity.
No real estate appreciation.
Gravy
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Re: SE Texas property
Old 08-08-2006, 03:08 PM   #19
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Re: SE Texas property

Demented Longhorns on Spring break :P
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Re: SE Texas property
Old 08-08-2006, 03:16 PM   #20
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Re: SE Texas property

Quote:
Originally Posted by JPatrick
Demented Longhorns on Spring break :P
Don't you mean "demented Herefords"? Or is this just more of Laurence's steer manure...

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