What is the price of land doing in your county? Are prices dropping or going up?

Yesterday, I closed on 20 acres of rural land in Smith Co (S of Tyler). $12,000./acre.

our county varies but not so much a hunting mecca. but have stayed steady but number of sales are down

Hard to say since not a lot is selling.

I just bought 40 acres in Cottle county and gave $1,375 acre.

Can buy larger tracts for $1,000.00-1,200.00

I looked and looked in McCulloch county and they are crazy down there IMO.

Will close Monday on land just on the OK side of the river from Gainesville. $2,250 acre. Yes, I know it's not in Texas and the rifle season is super short.. but the bow season is nice and long. And it's less than an hour and fifteen minutes from the house.

Our landowner just added 80 acres to the 180 we hunt in Anderson about 2 miles from Palestone for $1,800 an acre. He bought the original 2 years ago for less than that. Guess it is good to be lucky or do your homework. My buddy works in Wimberley and their land market is gone, dried completely up. Of course, they were selling to people with no interest in the actual land and now many are upside down.

The Hill Country, Gillespie County. Plenty of deer. You can have a hunter per every 100 acres and not be overhunted. 5 deer county. According to local paper, 40 to 100 acre tracts around $10,000 per acre. Several hundred acres to 1,000 acres without homes, hard to find under $6,500 per acre. If tract is over 250 acres, may have a cabin or old house, then around $8,00 per acre. The county last year increased the land values 40% for tax values and I know of some that now averages $6,500 per acres for tracts over 200 acres. So buy you some land, lease it out for $5/acre for cattle and $10 to $15 for hunting and in 400 years you will have it paid off and have free hunting if you get 0% for 400 years. I'd guess that small sites, under 40 acres, are slow but moving as home sites. Larger tracts are near dead.

.......
Buy land, they ain't making any more of it. If Al Gore is right, it is going underwater fast. The Hill Country may be an island in the Gulf in that 400 years...

I hunt on 100 acres in Young County. My landowner bought it in either 2000 or 2001 for $850 per acre. He could easily, easily double that now. There is plenty of deer on the place, no worries about it being shot out as there isn't much if any pressure on the surrounding properties.

Earl

Nac Co.....(end of 2006) $875/acre 300 acres... all timber on property was ready to cut at sale.(and shot a 140" deer off it this year)
looking into a similar neighboring tract of 398 acres...hoping to have a deal worked out within the year.

our 40 acres in Celina went for somewhere around 30k per acre and it was just a farm, no commercial. Its all relative.

what is land leasing for in Your area?

About $125 to $150 for a season dove lease since that is about all you can hunt there. My uncle bought 30 acres just north of Gunter on 289 and sold it for 6 times what they paid for it in 8 years. I caught some small fish out of the pond but that is about all you can do with it unless you develop it.

I recently tried to buy an ajoining 100 acres for $2,500/acre in Burnet County. The owner came back and said I would sell you 75 acres for $3,333/acre.

Comparables are $2,800/acre, but that includes highway frontage, water and electricity. This is only accessible via my ranch with no water or electricity.

I then proceeded to offer to buy 50 acres at $3,000/acre and he declined. The old adage, beauty is in the eye of the beholder applies. The land is worth maybe $2,000/acre (mostly open range with cedars and very few places of cover).