TX · land bank market

Fannie Mae HomePath properties for sale

1,185 government-owned homes and lots listed by the Fannie Mae HomePath in TX — off-market inventory that never reaches Zillow, updated daily on LandBankSearch.

properties for sale
1,185
lowest asking price
$5,000
median asking price
$220,000
View all 1,185 on the mapInventory updated August 21, 2026

Cheapest Fannie Mae HomePath listings

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How it works

Buying from the Fannie Mae HomePath

1

Pick a property

Browse the Fannie Mae HomePath inventory above or on the map. Every parcel links to its official source listing where one exists.

2

Check the local rules

Each land bank runs its own process — many prioritize owner-occupants, require proof of funds, or ask for a simple renovation or maintenance plan.

3

Apply and close

Most purchases start with an application to the land bank rather than an offer through an agent. Timelines run from a few weeks to a few months.

Our step-by-step buying guide covers every stage, from proof of funds to closing. For Texas specifics, read How to buy land bank property in Texas. Not sure which land bank covers your address? Use the land bank locator or browse the full national directory.

Fannie Mae HomePath buyer FAQ

Who can buy from the Fannie Mae HomePath?

Open to all buyers once a listing clears its First Look window. During First Look only owner-occupants, approved public entities, and nonprofits may submit offers — no investor offers. Offers must be submitted through a licensed real estate agent. Rules are set by the land bank itself — the official program page has the full list (last verified 2026-08).

How much do Fannie Mae HomePath properties cost?

Asking prices start at $5,000 with a median around $220,000. 1,185 homes and lots are listed right now. The purchase price is usually the smallest cost in the deal — budget for renovation and closing.

How do you buy from the Fannie Mae HomePath?

Fannie Mae REO homes listed on the local MLS and on HomePath, sold as-is. Offers submitted online through a licensed real estate agent. A First Look period gives owner-occupants, public entities, and nonprofits an exclusive window to offer before investors can bid. Have your agent submit the offer through the HomePath listing Each listing runs its First Look window first, then opens to all buyers including investors.

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