Out-of-State Owner
Most of the people we buy from do not live near their property. They live in Dallas, or Colorado, or three states away, and they own acreage in an East Texas county they last visited years ago. If that is you, the short answer is that you can sell it without ever making the trip.
Here is what that actually involves, what absentee ownership quietly costs, and the couple of Texas specific things worth knowing before you sign anything.
A remote sale is routine, not a special favor. The title company runs title, prepares the deed and the settlement statement, and sends your package to you. You sign in front of a notary near you, and in many cases you can sign online through remote online notarization, which Texas allows. Then you send it back and the funds are disbursed to you by wire or check.
Nothing in that chain requires you to stand in a Texas title office. We have closed with sellers who never set foot in the state during the entire process, and with families whose heirs signed in four different states in the same week.
You also do not need to prepare the property. No brush clearing, no survey, no photographs, no trip to walk the fence line. We buy as is, and we pay the closing costs and survey fees.
Land you do not visit has a way of costing money in ways that do not show up until later.
No state withholding on your sale. Some states hold back a percentage of the proceeds when a nonresident sells. Texas does not, because Texas has no state income tax. Federal FIRPTA withholding is a different rule and applies only to sellers who are foreign persons, not to Americans who happen to live in another state. Your federal capital gains situation is still your own, so run it by a CPA.
Inherited land gets a stepped up basis. If the property came to you from someone who passed, your basis is generally its value on the date of death rather than what they paid decades ago. That often means a sale produces very little taxable gain. Again, confirm with a CPA before you close.
People often delay calling because they think they need a folder of paperwork first. You do not. Anything on this list helps, and none of it is required.
If all you have is a county name and a memory of your grandfather buying some land there, start with that. We have worked from less.
You can list rural land with an agent from anywhere, and sometimes that is the right call. Just know what you are signing up for from a thousand miles away. Land often sits for months. Buyers ask for a survey or a cleanup you cannot personally oversee. Financing falls through. You end up managing a project remotely, then paying a commission at the end of it.
A direct sale collapses that into one decision. One price, as is, no showings, no repairs, no commission, and closing costs on us.
We are a local East Texas family buying with our own funds, not agents and not a national call center. We have been buying here since 1993, which means we know these counties, and you can look us up before you ever call.
Cole, Greg, Lori, Hannah, and Ryder 🐾
You Deal Directly With Us
Cohan Properties is owned and run by a local East Texas family. We bought our first property in 1993 and formed Cohan Properties LLC in 2004. We are not agents, and we are not a faceless national company.
Selling land in a place you cannot drive to takes some trust. That is exactly why our names and faces are on this page. Every offer and every decision comes from us, and we stand behind it.
Common Questions
No. Most of our out of state sellers never make the trip. The title company can send documents to you, arrange a notary who comes to you, or in many cases handle signing online. You are paid by wire or by check, wherever you live.
The title company runs title, prepares the deed and settlement statement, and sends your package out. You sign in front of a notary near you, or online where available, and send it back. Funds are disbursed once everything is recorded.
Not for us. We buy as is, and you do not need to clear brush, get a survey, or visit before selling. We look at the county records, the aerials, and the tract itself.
Texas has no state income tax and no state withholding on a sale by an out of state resident, unlike some other states. Federal FIRPTA withholding applies only to sellers who are foreign persons. Confirm your own federal situation with a CPA.
Bills and appraisal notices go to the mailing address on file with the county appraisal district. If you moved and never updated it, notices go to the old address while penalties build. It is a very common way out of state owners fall behind.
That happens often, especially with inherited land. Give us the county and any Property ID or legal description you have, even from an old tax statement, and we will find it.
This page is general information about how these sales usually work in Texas, not legal or tax advice. Talk with a CPA or an attorney about your own situation. Here is how to check that we are real
Takes about a minute. No obligation, no pressure.
Out-of-state owner
Tell us the county and roughly how much land it is. We will look it up, tell you what we see, and make a fair cash offer you can accept from wherever you live. No pressure and no obligation.
Get Your Cash Offer