Land Values In Rural Texas

[rgvtx]

The place just down for me went on the market so I called to see what they think it's worth. 12 thousand per acre, I almost fell over. It's 35 acres with about half being a decent grapefruit grove and the other is currently planted in corn. About an acre was a home site until the place burnt a few years ago and was just recently cleaned up in preperation to sell. The land is irrigated and there is electric run down one side to where the house was. Sadly this will probably be sold to a developer who will divide it up and build houses, as if we need any more of those.
So I'm curious what the price of acerage is in other parts of the country and especially Texas.

 

[Anonymous-0]

Decent farm land in SW North Dakota (Adams County)this year is asking $1000 an acre. Having Ceder Creek run though it helps. No chance that developers (not counting oil developers) will ever work there. 5 years ago that would have sold for $300 or so. Pheasant hunters are out of the market and farmers are back in.

 

[Texas Sand]

Land here in the Gaines area is bringing anywhere from 300 to 1500 an acre for farm land. You hear of exceptions, but most irrigated is in the 900+ range and dry land is anywhere from 300 to maybe 600-650.

 

[Anonymous-0]

Farm land in W.Pa. is going for 3K per acre. My buddy just bought 30 acres adjacent to his place, he paid 90K for it. No questions asked. He bought it to keep it from being developed.

 

[John A.]

rgvtx, You didn't say where in Texas this was?. here in Williamson Co. We are from $5000/acre to $30000+/acre. Yes that is 30,000/acre.
A 300 acre ranch sold a while back for that. It will be sub-divided for houses. I know of a 100 acre place just N. of the new down town of Cedar Park Tx. He has turned down 50,000/acre! I didn't studder here. Cedar Park,Tx. is just N. of Austin., and is considered part of the Austin Metro area. Also Williamson is the fastest growing county in the Nation!
Go to San Saba, LLano you will be into $2500 on up to $5000, Land ave in the rural area will ave around that. The Metos will be higher as long as others still move to Texas in droves, to enjoy our good economy, (Sun-time) the North doesn't have. Today was almost 80 degrees, tommorrow almost 90! the rest of the North land is still covered in Snow! One could have been in shorts and t-shirst the last couple of days.
Hope this helps.
Later,
John A.
OBTW I will let go of 88 acres @ $23,000/ acre If you are instreted. I am just N. of Cedar Park about 18 miles, along US 183. A prime little ranch for some Horseey people! Later, All!

 

[D&Dservice]

Northwest South Dakota, a ranch just sold here at 500 per acre, there were 6500 acres, My pencil sure isnt sharp enough to make that work!

 

[Anonymous-0]

Try the Fraser Valley near Vancouver BC
Over $100,000 per acre for blueberry land. Only one crop you can grow that will pay for that and it may be almost legal to possess it in Canada but it still not legal to grow it. Yet!

 

[rgvtx]

Thanks John, that makes me feel better about the prices here.......I guess! I'm in the Rio Grande Valley near Harlingen. It's growing in leaps and bounds here so I suppose everyone is jumping on the band wagon hoping to get rich. I said several years ago if that land went up for sale I would buy it just to keep it from being developed, but for that kind of money it sure won't happen. There is another 17 acres adjacent to me that I asked about last year and they wanted 10 grand per acre and I said heck no, maybe I should have said yes then. With the housing market going bust I just keep thinking it will come down but maybe I'm wrong. Several of the builders in the area have already ceased building claiming they can't sell the homes so they are moving to areas where they can. Not sure where that is, maybe up your way? I guess if they win and it gets developed I should just look at the bright side and figure my place is worth more, then sell and move to where it's cheaper....wherever that may be by then. At least our place is paid for so they can't take it away. Oh yea, I have to keep the taxes up too don't I?

 

[jose bagge]

I have 7 acres...county assessment (supposedly at current market value): 380,000 for the land, 200,000 for the house. Last year they had the house at 100k more, but the home bust up here created a 18 month inventory of new homes and house values dropped. The land went up 13k and acre over last year...

 

[Anonymous-0]

Why would anyone want to 'live' in the Lower Rio nnalert of Mexico, er, Texas.
I lived there for close to 30 years, and moved away in 1992, and have never looked back.
Why live in an area where you are neither welcome, nor wanted?
Why live in the part of the nation (Cameron, Willacy, Hidalgo, and Starr counties)that consistently has the lowest per capita income, and the highest unemployment rates?
I was so sick and tired of the corruption, crime, uninsured and unlicensed drivers, being yapped at in spanish, the colonias, and the poverty, and the fact that their 'culture' and my culture have absolutely NOTHING in common.
Everything south of IH-10 may as well belong to Mexico, and we all know Mexico is nothing but a corrupt, third world country.
If you want to see the future of our country, all one needs to do is spend a few hours in Brownsville, Harlingen, McAllen, or Laredo.
The do-gooders who want to give amnesty to the millions upon millions of illegals that are already in this country, NEED to spend some time 'living' in an area that is already flooded with them, and they would soon change their tune.

 

[Joe(TX)]

That would be cheap compared to the land ajacent to mine. About normal 5 miles from town. Not good cropland either. I'm about 30 miles west of Fort Worth.

 

[rgvtx]

Not sure how or why you would badmouth an area that you haven't been to in 16 years, but personally I for one am glad your no longer here with such a poor attitude.
As for the Hispanic population, I find them to be completely different from your definition. I lived near Dallas for many years and found the Hispanics there to be rude and arrogant, most acting as if we owed them something. Here they seem to welcome others and are very family oriented.
As for the corruption and crime you mentioned, I can only assume you never bothered to vote while here. Most if not all that is gone now, maybe it left with you?
I have lived in several different states and I have never been happier than I am right here. Costs are low, the people are friendly (at least since you left), the weather is great, I can grow almosts anything in this fertile soil, the air is clear and clean and as for traffic.......not much of it most of the year at least until the winter visitors arrive for our supurb weather.
So tell us Scooby Doo, where did you move to and how do you like it after 16 years? I'm always interested in learning!

 

[Anonymous-0]

I live about 150 West South West of Ft. Worth.
No wetbacks to speak of until the weekend, when they fill up Walmart, but one can tailor your trips to avoid this unpleasantness. But they still bring in their drugs, crime, and trashy way of life, not to mention flooding the schools with their little Pablos and Marias. But of course, when I lived up in SW Kansas, the wetbacks were up there working in the packing houses, and the Dodge City newspaper would be full of the knifings and drunken driving arrests that they were responsible for. The Mexicans that are around here keep me reminded of just why I HATED living in Mexico.
BTW, did you know that if you address a letter to Edinburg, Mexico, it still gets delivered?
How many times has your house been broken into, how much graffiti has been painted on your buildings? How many times have you been terrified because some drunken, non-licensed, uninsured 'driver' from Matamoras or Reynosa, (or Elsa, Alton,Santa Rosa, or Los Ebanos) ran a red light? Or came back to your vehicle to find it vandalized? Why shouldn't official corruption still be around, after all the RGV is part of Mexico, and bribery and 'mordida' is the official way of doing business in puro Mexico. Sounds like you are a gringo that has gone native.

 

[Logan in S.E. Texas]

I live in S.E. Texas, about 30 miles north of Beaumont, in Hardin county.
Rural land here is going from 5-10 K an acre. Here you have to be careful about flood plain and the higher land is more expensive.
Due to health reasons I am considering selling 3.5 acres that I have in pasture and I will start asking at 10k per acre without feeling guilty about it. This is some of the highest land around and will never flood.
Now I fully realize asking and getting prices are two different things but the more I come down the less I will be willing to spend on "closing costs" and legal fees.
After I sell this land I will be looking to sell my MF 283 tractor too....not what I "want" to do but what back Dr. has told me I "have" to do if I want to stay walking around.....
Logan