Real estate in Texas refers to land and any improvements made on that land, such as buildings, homes, or other structures. It also includes the rights to use and enjoy the land, as well as any mineral, oil, or gas rights associated with the property. In Texas, real estate is governed by state laws and regulations that dictate how properties are bought, sold, leased, and managed. Real estate professionals, such as realtors and brokers, are licensed by the Texas Real Estate Commission to help buyers and sellers navigate the complex legal and financial aspects of real estate transactions.