Texas Land Frequently Asked Questions

There is no credit check or qualifying needed to be approved for your purchase.

Yes. We work with any lender of your choice.

Yes we have reduced pricing as well as interest rate reductions for Veterans. We also regularly work with The Texas Veterans Land Board utilizing their financing options. More information on The Texas Veterans Land Board can be found here, https://vlb.texas.gov/loans/index.html

Typically, transactions can be concluded within a few weeks, and in some cases, even sooner. Call one of our agents today to learn more!

No. There are no closing costs associated with our owner financing, unlike a traditional bank loan.

Down payments can be made via check, credit or debit card, cash, or wire transfer.

Buyers will receive monthly statements via mail, text, or email. Payments can be made through a variety of ways, including your online portal, by mail, ACH, or by utilizing our PayNearMe option. PayNearMe allows our customers to scan a QR code on their monthly statement and pay using a wide variety of payment types or by cash at retailers nationwide.

Payment types accepted:

Cash accepted 24/7 at over 60,000 nationwide retailers listed below:

Access your client portal page here.

Client Payment Portal https://coveyfin.com/online-access

Our goal is to provide the best customer service throughout the entire buying process, and even after. Our clients have access to multilingual, customer service agents available to assist with questions related to your loan and payments. Phone: (210) 610-6250 Toll Free: (855) 276-6300 Mon-Fri 8am-6pm CST

There is a 10 day grace period for all payments due. After that, late fees will apply.

The timeline can vary depending on location, market demand, and property condition. Some land sells in a few weeks, while other parcels may take several months.

Although most of our properties come with an agricultural exemption, there are still taxes applicable to each property. These taxes will be incorporated into your monthly payments and outlined in an annual account statement provided to you.

Yes. There are no prepayment penalties, so you can pay off your loan whenever you’re ready.

While not required, a real estate agent can help market your property, negotiate offers, and handle paperwork. However, some sellers choose to sell land by owner to save on commissions.

We work with buyers looking for all types of land, including off-grid properties, raw land, and landlocked acreage.

Yes, we can help navigate the selling process even if there’s an existing loan or owner-financed agreement.

Most properties require just 5% down to get started.

Owner financing can help you attract more buyers and higher sale prices, and we can guide you through the process.

You’ll need the deed, a recent survey (if available), tax records, and any relevant disclosures. Having these ready can speed up the closing process.

Yes, you may owe capital gains tax if you sell your land for more than you paid. Consult a tax professional for advice on your specific situation.

Land value depends on location, size, access, zoning, and market trends. Comparable sales in your area are a good indicator of your property’s value.

We work with our buyers to keep them on track—contact us if you anticipate an issue.

Buying land in Texas involves several steps, including researching properties, verifying zoning and access, and conducting due diligence. Many buyers consider making an all-cash offer when buying land, as this can speed up the transaction and make the offer more attractive to sellers. The process of buying land with cash in Texas typically involves negotiating the price, signing a purchase agreement, completing a title search, and closing the deal. Cash offers often reduce complications and can help buyers secure the property more quickly.