it kills me when my Grandma talks about how they shoulda bought ranch land in the 80's...that and she talks about how they shoulda invested in Dell in the 80's too...

In the 80's land was high and so were interest rates. Land in Kendall County was around $1500 per acre on large ranches at the time and interest rates were in the 14% or higher range. You factor in what that would with inflation at todays market and it is not a lot of difference in some cases.

land has taken a major turnaround in the blanco/kendall area since then....my broker told me of land that he passed up in the early 90's with live water that he could have gotten for $1200/acre that has since sold for $12k/acre in 07'. unbelievable

I own 205ac in coleman & the payments are kicking my butt. The guy I bought it from said his dad bought it in the early 70's for 150.00ac 17 more yrs & it will be mine

whats land go for around there?

One thing about land is they are not making any more of it, except in Hawaii and that is in a park and pretty much unusable. Glad I own the small places I do. Can still get a few deer and turkey off that place every year.

Good luck on the pruchase if you get it, post some pics

I bought my place for 1600ac It had county water on it & 5 ponds
4 ponds have dried up but my big pond has plenty of water.