Cheap Texas Land
Alonso Alvarez de Pineda, a Spanish explorer, laid claim to what is now Texas in 1519. Thus Spain became the first European nation to acquire cheap Texas land. The Spanish lost control of Texas in 1821, when the Mexican colonists liberated themselves. After the Battle of the Alamo, in 1836, the residents of Texas won independence from Mexico and established the Republic of Texas. And in 1845, Texas was admitted to the Union as the 28th state.
But even before Texas became a state, cheap Texas land became available for purchase.
In 1821, Stephen F. Austin put together a scheme to colonize his father’s Spanish Land Grant, consisting of 200,000 acres of cheap Texas land. Austin advertised his colonization project in newspapers in the Mississippi Valley, Missouri, Maryland, Virginia and Tennessee. Austin offered colonists 100 acres of land for a price of $12.50—or 12½ cents per acre. And this price could be paid in installments, cash wasn’t required. Colonists were expected to settle on the land, make improvements, provide firearms and supplies, and fight off fierce Comanche warriors when necessary.
Due to the costs of property taxes, surveying, marketing expenses and providing financial help for his impoverished colonists, Austin was financially devastated and never was able to discharge his mounting debts. He died in 1836 at age 43, a disappointed and heartbroken man.
Austin’s cheap Texas land, located between Houston and San Antonio, which he tried to sell for 12½ cents per acre, would be worth several billion dollars today. The state capitol, Austin, is named in his honor.
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Latest Texas Listings
| Title | State | Price | Acres | Price Per Acre | Link |
|---|---|---|---|---|---|
| Land in West Texas | TX | $49,494.00 | 146 | $339.00 | (View) |
| Cheap Texas Land | TX | $84,019.00 | 281 | $299.00 | (View) |
| 160-acres West Texas | TX | $59,840.00 | 160 | $374.00 | (View) |