Rural Land Values in the Southwest: First Half, 1997 Page: 40
44 p. : ill. ; 28 cm.View a full description of this report.
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Texas Land Market Area 24
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 - - - - - (5) 4 39
Nonirrigated cropland 455 950 1,050 450 3 2 7 21
Improved pasture 750 925 1,225 88 3 8 12 13
Native rangeland 525 850 900 393 3 5 8 11
Urban fringe 1,500 2,000 3,000 40 10
Orchard or vineyard - - - - - -
Timberland - - - - - -
Sales with minerals transferred: 50%
Percentage of minerals transferred: 50%
Native rangeland Cost ($)
per animal unit - - -
Texas Land Market Area 25
Spring 1997 Median Spring 1998 Annual
Price per Acre Projected Change in Annual
($) Typical Change Number (%) Cash Rent
Size in Value For Per Acre
Rural Land Low Average (acres) (%) Sale Sold ($)
Irrigated cropland 700 1,000 1,500 75 0 (3) 0 39
Nonirrigated cropland 425 525 625 238 2 4 1 21
Improved pasture 500 563 650 100 3 (5) 11 13
Native rangeland 465 525 625 400 4 10 7 12
Urban fringe 3,000 3,750 5,750 50 8
Orchard or vineyard - - - - - - 0
Timberland 750 900 1,600 - 5 20 15
Sales with minerals transferred: 95%
Percentgage of minerals transferred: 50%__________________________Native rangeland
per animal unitCost ($)
I -3,000 2,500
2,0001
40
Source: Real Estate Center at Texas A&M University
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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/m1/44/: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.