Rural Land Values in the Southwest: First Half, 1997 Page: 33
This report is part of the collection entitled: Texas State Publications and was provided to The Portal to Texas History by the UNT Libraries Government Documents Department.
Extracted Text
The following text was automatically extracted from the image on this page using optical character recognition software:
Texas Land Market Area 10
Spring 1997 Median Spring 1998 Annual
Price per Acre Projected Change in Annual
($) Typical Change Number (%) Cash Rent
Size in Value For Per Acre
Rural Land Low Average High (acres) (%) Sale Sold ($)
Irrigated cropland 650 863 1,200 350 1 2 2 50
Nonirrigated cropland 400 475 563 360 1 5 5 17
Improved pasture 375 425 475 360 1 0 0 14
Native rangeland 363 450 550 800 5 5 5 10
Urban fringe 800 1,000 1,200 100 5
Orchard or vineyard 850 1,150 1,600 150 (10) 0 0
Timberland - - - - -
Sales with minerals transferred: 50%
Percentage of minerals transferred: 25%
Native rangeland Cost ($)
per animal unit 7,700 - 13,375
Texas Land Market Area 11
Spring 1997 Median Spring 1998 Annual
Price per Acre Projected Change in Annual
($) Typical Change Number (%) Cash Rent
Size in Value For Per Acre
Rural Land Low Average High (acres) (%) Sale Sold ($)
Irrigated cropland 500 575 975 350 0 2 2 50
Nonirrigated cropland 400 450 550 400 0 5 5 17
Improved pasture 400 450 500 400 2 0 0 15
Native rangeland 375 425 500 1,000 5 5 10 10
Urban fringe 800 1,000 1,200 25 5
Orchard or vineyard 900 1,200 1,700 100 (10) 0 0
Timberland - - - - - - .
Sales with minerals transferred: 75%
Percentage of minerals transferred: 25%Native rangeland
per animal unitCost ($)
1 12,250 - 11,0001
10,6251
33
Source: Real Estate Center at Texas A&M University
Upcoming Pages
Here’s what’s next.
Search Inside
This report can be searched. Note: Results may vary based on the legibility of text within the document.
Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Report.
Gilliland, Charles E. & Semien, Anthony. Rural Land Values in the Southwest: First Half, 1997, report, December 1997; College Station, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1586956/m1/37/?rotate=0: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.