In this episode of the Texas Land Guys Podcast, Tom and Tim Dosch team up to deliver a high-energy update on land markets across Texas. From Houston’s surge in multifamily and single-family deals to Austin’s quiet reawakening and Dallas’s continued dominance, the Dosch brothers break down what’s happening in real time, what it means for developers, and where the next deals will land.
With Q1 2025 nearly wrapping up, the data shows real momentum, close to 500 offers across the state and over 70 deals signed, making it one of the most active quarters in DMRE history. The episode explores where the action is, how developers are reacting, and what to expect as Q2 kicks off.
If you’re buying, selling, developing, or capitalizing deals in Texas land right now, this episode is a must-listen.
Key Takeaways
Nearly 500 offers across Texas in Q1 2025; over 70 signed deals
Houston and Dallas saw nearly identical offer volume, each pushing 200
Single-family is hot again: 10,000+ acres in Houston’s pipeline
Developers are back: stronger offers, tighter contracts, higher pricing
Multifamily rebound: aggressive offers, especially in the suburbs
Industrial heating up fast to double-digit $/SF in some submarkets
Austin is still slower, but infill MF and SF lots are gaining traction
Tariffs? So far, a non-factor most materials are already domestic
90/10 rule: a small % of developers doing most of the deals
Watch out for “fake activity”; not all LOIs are created equal
Ascent’s $100M fund closes strong with $82M+ first close
In this episode:
[00:00] Introduction
[01:15] Q1 market shift: more substantial offers, tighter deals, momentum is real
[05:53] Texas-wide offer volume: ~500 offers and ~70 deals signed
[07:56] Use-type breakdown: multifamily, single-family, and industrial trends
[09:37] Austin update: opportunities in a challenged market
[11:16] Houston vs. Dallas: developers return to Houston in force
[15:53] Houston challenges: zoning, mud rates, and misunderstood submarkets
[19:38] Tariffs & construction costs: minimal impact, bullish outlook
[25:19] 90/10 market split: few groups are doing most of the deals
[31:44] Q2 predictions: activity climbing, new buyers entering
[37:22] Industrial land pricing rebounds in Houston & Dallas
[40:33] Final thoughts: strong Q2 ahead, momentum across all regions
Resources and Links
Texas Land Guys Podcast
Tom Dosch
Tim Dosch
