From raw site to buildable opportunity

The Developer and Land Acquisition Guide

Development risk is concentrated at the front of the deal. This guide covers site screening, how to structure a purchase so feasibility work is protected, what the engineering and municipal answers actually determine, and how assemblage should be approached.

Patricia Kibbe, REALTOR®, Houston commercial and luxury residential Realtor

A note from Patricia

Working with developer clients is the part of this business I enjoy most, in part because I intend to develop homes myself. That means I ask the questions I would want answered with my own capital at risk: utilities, detention, access, and jurisdiction, before anyone gets attached to a rendering.

Patricia Kibbe, REALTOR®

The Opulence Realty Group at Epique Realty

Step One: Screen the Site Before You Spend

A site either works or it does not, and the answer is usually available quickly and inexpensively if you ask in the right order.

  • Utility availability and capacity: water, sanitary sewer, and the real cost and route of any extension. Capacity letters matter more than proximity.
  • Drainage, detention requirements, and floodplain or floodway designation. Detention can consume a meaningful share of usable acreage.
  • Access: frontage, curb cut permissions, driveway spacing, and any traffic impact requirement.
  • Jurisdiction: city limits, ETJ, county, MUD, or a special district, and which rules apply to platting and construction.
  • Deed restrictions, plat status, easements, pipelines, and mineral or surface rights.
  • Topography, soils, wetlands, and existing structures or debris that will need removal.

Step Two: Structure the Purchase to Protect Feasibility

  • Feasibility period long enough for survey, geotechnical, environmental, preliminary engineering, and municipal response times.
  • Staged earnest money tied to milestones you control, with a clear statement of when each portion goes hard.
  • Extension options priced at signing, because you will want at least one.
  • Access and entry rights for your consultants, with insurance and restoration terms.
  • Seller cooperation for plat applications, utility inquiries, and rezoning or variance requests where applicable.
  • Consider takedown structures, staged closings, or seller financing to align capital with absorption.

Step Three: Feasibility Work in the Right Order

  • Boundary and topographic survey first, since everything else builds on it.
  • Geotechnical report to inform pavement and foundation design, which is a major cost variable.
  • Phase I environmental, and Phase II if the history warrants. Agricultural, industrial, and fuel history all deserve attention.
  • Preliminary engineering: layout yield, detention sizing, utility routing, and an early estimate of horizontal cost per lot or per acre.
  • Municipal and utility district conversations documented in writing rather than remembered from a phone call.
  • Build the cost model against realistic absorption, then test it against slower sales and higher carry cost.

Step Four: Assemblage and Multi Parcel Sites

Assemblage fails when the plan becomes public. Price rises, holdouts appear, and the deal that was viable stops being viable.

  • Approach parcels in a deliberate sequence, starting with the ones that make or break the layout.
  • Use separate contracts with cross conditions so you are not committed to a partial site.
  • Keep the identity of the end user and the ultimate plan confidential during acquisition.
  • Confirm each parcel's access independently. A landlocked interior tract is only worth what the neighbor allows.

Step Five: Closing and Moving Into Horizontal Work

  • Confirm plat status and any dedication or reservation obligations before funding.
  • Coordinate title exceptions, easement releases, and any required abandonments.
  • Understand rollback tax exposure when agricultural use ends, and who pays it under the contract.
  • Line up your permits, bonds, and utility commitments so horizontal work starts without a gap in carry.

How I Work: Transparency, Integrity, and Privacy

Site pursuits are handled quietly so that sellers, competing developers, and the broader market are not moved by your interest. I bring in the surveyor, engineer, and environmental consultant rather than speculating, and I will tell you when a site does not pencil.

Questions Worth Asking

Bring these to me, to your lender, or to your attorney. If I do not know an answer, I will tell you and get it from the right professional.

  • Is there sewer and water capacity, and what does extension truly cost?
  • How much acreage does detention consume?
  • What jurisdiction governs platting, and what is their timeline?
  • What easements, pipelines, or mineral rights encumber the site?
  • Is my feasibility period long enough for the city to respond?
  • When does each stage of earnest money go hard?
  • What is the rollback tax exposure and who pays it?
Patricia Kibbe Commercial and Luxury Realtor logo

Patricia Kibbe, REALTOR®

The Opulence Realty Group at Epique Realty

832-736-8852
opulencegrouphtx@gmail.com
instagram.com/patriciakibbe_

This guide is general information, not legal, tax, or financial advice. Consult your attorney, CPA, lender, and inspectors for guidance on your specific transaction. Each transaction is unique and outcomes vary.

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