2022 Texas Rural Land Value Trends Published

By tiffany.dowell

Each year, the Texas Chapter of the American Society of Farm Managers and Rural Appraisers publishes a Rural Land Value Trends report.  This is one of the best documents available for those interested in the sales value and lease value of rural lands in Texas.  It is also the only publication of which I am aware that provides information on the value of hunting leases.

This report breaks Texas into seven regions and then each region is broken into smaller sub-regions.  The report then offers information regarding land prices and leasing rates for various types of property from irrigated cropland to rangeland to CRP land to timberland to hunting leases.  The Texas A&M Real Estate Center also provides an article looking at market development for 2022 for each of the seven regions.

Here is an example of the data collected for each sub-region.  This information is for Region 7, the Central Basin sub-region, which includes McCulloch, San Saba, Mills, Hamilton, Lampasas, and Llano counties.   Similar information is available for every region in Texas.