ttt

Did land shoot up this much in Edwards County....If it did Im sitting on a gold mine.....I bought 80 acres 3 years ago with cabin electricity and water for 1200.00 acre....Mayb its time to sell.

Do you have any more info on the camper? Age, condition? Are you willing to sell it by itself and if so, how much?

Let me get home and look up all the particulars on the travel trailer.
It is in very good condition
We will not sell it by itself unless someone buys just the land first.

You got a really good deal. We have a place in Real cty. Rugged mountaintop,no water,no electricity,4x4 required to access. Real cty tax assessor valuation is $2250 an acre. I tried fighting them on this and even went down before the board and stood in a long line to argue my case,they just laughed at me.

hate to tell you, rocksprings area land isn't $2200/acre stuff

It appears smaller pieces of property with electicity and living facilities are selling in the 1500-1900 range in Edwards County. You get into Real County and Kimble County and prices shoot way up....

Land South of Rockspring is selling for 1500-1900/acre with electricity and living facilities (raw land appraised at about 1050/acre) but I think raw land Northeast of RS is appraised for about 1800/acre.

newulmboy,
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PM SENt

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Did you ever sell the property?

Sorry so long to reply....haven't had time to get on here

Property is still on the market, now listed with Western Hill Country Realty.

PM answered

Yea this is over priced. Look into that area you can find some sweet deals if you like that area

Why thank you real estate swami

Why make a negative comment?

Seller can ask whatever he wants. Not saying that he's in line with current market value, but If you don't like it, just move on

Did land shoot up this much in Edwards County....If it did Im sitting on a gold mine.....I bought 80 acres 3 years ago with cabin electricity and water for 1200.00 acre....Mayb its time to sell. hey there danny 871 you ever think about leasing out your spot if so let me know im looking to lease around that area

off hand, without seeing the condition of the cabin, its probably worth somewhere in teh neighborhood of $1500/acre.

alot will depend on access, as well. having to ride a burro thru 5 different ranches to get to your place isn't gonna help the prices any

I think this property is in NorthEast Edwards County. Land there is appraised much higher than the rest of the county. I know because I researched it when I was looking for property to buy. Im not saying its priced right. Just stating a fact.

how did you research it?

did you pull comps from lending agencies

I used the appraisal districts website, all you need is the owners name. Thats how I researched the lands market value. I do not know this guy, but I know a friend who owns land very close. As previously stated before, his land is appraised / market value is at $1800/ac. I had a real estate agency show me comparisons for nearby properties that had recently sold. I'm not foolish enough to believe they sold for the asking price by any means though, starting at about 20% above appraised. This was back in February.

That is not a valid way to value land or a house. That is possibly the worst way to get market value. My tax value is 25% less than market.

The only way to estimate market is by recently sold comps which is not public unless you are a realtor and they reported it. (But yes, this price does seem a bit high. Especially since it hasn't sold yet in this market. But rural land can sit on the market for years if not income producing or top of the line.)

I agree with Newulmboy. I also have been dealing on several properties in this area and it all is going for between that $1500 to $2200 per acre. As we all know, prices are determined by many, many factors. Not to start preaching like I am a estate Guru but, location, improvements, and in west texas water are huge factors. You guys all need to go get yourself your own little piece of the pie!

To all you real estate experts on here, many who don't own land, I own the place across the street from this land. You might want to actually view the land before talking. We have excellent access to hwy 41, electricity, & currently he is able to use my water well when needed. The land sells for higher than the rest of Edwards county cause location & convenience. Plus he has a awesome neighbor across the street!

Great first post!!!!