How it works
Get free backyard valuation
Learn what we will pay for your backyard. Sign up for a report.
Get $2000 upfront cash advance
Get $2000 upon signing a future sale agreement.
Get paid upon permit approval
Fast disbursal of up to $400,000 upon permit approval by the city and sale to us.
Stateful Offer
Highest Value
Hassle Free process
All Cash offers
Tax Reduction
See what your neighbors are saying
Our Partners
FAQs
Stateful helps homeowners make the most out of the untapped potential of their property. If you have surplus or under-utilized yard space, we may be interested in purchasing it for a substantial amount. We take care of the entire process from beginning to end, so you don’t have to lift a finger.
To begin, get an estimate of the payment we offer for your extra yard space. You can register on our website or contact us via call or text. If you want to learn more, sign up for a complimentary one-on-one consultation.
If you decide to proceed with our program, we’ll send you a payment of $2,000 upfront. From there, leave everything to us. We handle the paperwork, permits, and city fees involved in converting your additional yard space into a new, separate lot. Once the new lot is sold, you’ll receive a payment of up to six figures.
We collaborate with local partners to construct new housing on the newly created lot, and provide complimentary landscaping and fencing for you.
We’re excited to help homeowners take advantage of the new Austin state law called SB 9, which just went into effect. It’s understandable that many homeowners may not yet be aware of this new state program that became law in January 2022.
The new law is designed to address Austin’s housing shortage and provides homeowners with a financial incentive to give up their extra or under-utilized yard space for new homes. The best part is that existing homeowners can still stay in their homes!
However, we understand that navigating the new law can be complicated and costly for most homeowners. This typically involves several months of back-and-forth with government agencies and costs tens of thousands of dollars in permitting fees, third-party contractors, and realtors. But don’t worry! Stateful’s process handles everything for the homeowner, making it a breeze.
At Stateful, we maintain excellent relationships and work closely with local government agencies to ensure that our process complies with all state and local laws. We’re here to help make the process of taking advantage of SB 9 as easy and stress-free as possible for you!
Very less! Our goal at Stateful is to make the process as easy as possible for you. Stateful will take care of all the official paperwork, permitting logistics, third-party contractors, government fees, and the sale of the newly created lot. All that’s left for you to do is sign some paperwork once you agree to move ahead with the Stateful process.
Very less! Our goal at Stateful is to make the process as easy as possible for you. Stateful will take care of all the official paperwork, permitting logistics, third-party contractors, government fees, and the sale of the newly created lot. All that’s left for you to do is sign some paperwork once you agree to move ahead with the Stateful process.
BENEFIT FOR THE HOMEOWNER
It’s great to see you’re interested in Stateful. Our platform offers a unique opportunity for homeowners to earn up to six-figures off their current property, without even lifting a finger.
There are many reasons why homeowners choose Stateful. Maybe you’re looking to pay off credit card debts or your mortgage, or perhaps you’re saving for retirement. Or maybe you’re simply tired of maintaining all of your yard space and would rather have extra money to travel or update your kitchen. Whatever your reason may be, we’ve got you covered!
With Stateful, what you choose to do with your windfall payment is entirely up to you.
With Stateful, we want to help homeowners like you earn up to $400,000 by buying your extra yard space. The exact amount you’ll receive depends on the size of your lot, comparable land prices in your area, and the current real estate market.
Getting a free estimate of the value of your extra yard space is easy! You can either sign up or reach out to us on contact@withstateful.com. We’re excited to help you make the most of your yard!
Any tax implications that may arise will be based on the sale price of the new lot that is created, compared to the original price you paid for the property. Hope this helps!
**Disclaimer: Stateful does not provide tax or accounting services and makes no guarantees. Please speak with a tax and/or land assessment professional.**
Based on our experience, it’s unlikely that the transaction will affect your property taxes. Usually, a subdivision of land alone does not trigger a reassessment of a property. Nevertheless, we suggest you consult with a CPA to confirm this. They can give you expert advice tailored to your specific situation.
**Disclaimer: Stateful does not provide tax and accounting services and makes no guarantees. Please speak with a tax and/or land assessment professional.**
If your property isn’t eligible for SB 9, you may still have other options to get the most value from your property. If you’re interested, email us or call/text us, and we can let you know if we might be able to help.
We don’t make money until you do. Stateful makes money when the lot is sold in exchange for our services and by recouping the costs of permitting.
