Q: What Are Land Values Like in South Central Texas?
Posted
by Chip Bubela
on Wednesday, August 5th, 2020 at 2:10pm.
Here’s an estimate of what rural real estate costs in South Central Texas.
What’s going on with land market values these days? It’s harder to run land values because no two pieces of property are exactly the same, so we’ll go over the average price per acre for different-sized acreages in Colorado, Fayette, and Lavaca counties to help you get an idea. These averages were recorded over the past six months:
Colorado County:
1-15 acres: $14,852 per acre
16-30 acres: $11,986 per acre
31-60 acres: $7,702 per acre
61-100 acres: $6,922 per acre
100+ acres: $3,890 per acre
Fayette County:
1-15 acres: $26,236 per acre
16-30 acres: $12,341 per acre
31-60 acres: $8,945 per acre
61-100 acres: $6,126 per acre
100+ acres: $5,168 per acre
Lavaca County:
1-15 acres: $10,709 per acre
16-30 acres: $7,235 per acre
31-60 acres: $7,075 per acre
61-100 acres: $5,926 per acre
100+ acres: $4,911 per acre
Keep in mind, you may find 100 acres priced at $8,000 per acre somewhere out there, but that doesn’t mean the land is overpriced. There are other factors to consider too. For example, does it have good fencing or access to electricity? Can you drill a decent water well there?
I’m an accredited land consultant, so if you’re looking to buy land in our marketplace, don’t hesitate to give me a call. I’d be happy to guide you and help you build wealth through real estate.