Having the info will help you weigh the options and make an informed decision.

If a HELOC isn't an option due to Texas laws, you could consider a cash-out refinance with another property or a portfolio loan, even if you want to keep your current rate.

There are a lot of options out there.

Here's a good breakdown of your options for tax collecting starting Feb 1 based on the new regulations.

@Susan Tan you may also have lending options in the Houston area that offer 100% LTC financing for rehab projects.

DM if is you want to talk other options.

If you want to develop it, I can refer you a lender that will lend on a completed subject to appraisal but you'll be limited if you just want it for the lot.If you simply want the land as part of your property, you have more options including a HELOC which you can still use for development down the road. 

Home prices have decreased over the last 18 months so there is lack of good options and values still above normal. 

That might be an option.

When i started investing i thought the investing where i lived was the only option.