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Oct 20, 2006

Boom With a View

In 2005, Texas land prices set another record at $1,483 per acre. Texas land prices were up 16 percent from 2004 and 76 percent over 2000 prices. Nonagricultural demand continued to drive markets, and 2006 promises to be another banner year for Texas land markets
1795
By
Charles E. Gilliland
and
Gerald Klassen

In 2005, Texas land prices set another record at $1,483 per acre. Texas land prices were up 16 percent from 2004 and 76 percent over 2000 prices. Nonagricultural demand continued to drive markets, and 2006 promises to be another banner year for Texas land markets

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