Rural land brokers say market is cooling, but prices remain up

  • Small- and large-acreage tracts of land in Region 7 -- which includes Lampasas County -- continue to sell well, with strong price gains over the last year. Subdivision of land into acreage home sites has accelerated, according to the most recent “Texas Rural Values Land Trends” report. ALEXANDRIA RANDOLPH | DISPATCH RECORD
    Small- and large-acreage tracts of land in Region 7 -- which includes Lampasas County -- continue to sell well, with strong price gains over the last year. Subdivision of land into acreage home sites has accelerated, according to the most recent “Texas Rural Values Land Trends” report. ALEXANDRIA RANDOLPH | DISPATCH RECORD
    The Texas rural landbuying frenzy has waned somewhat, according to experts at the Texas Real Estate Research Center at Texas A&M University. Rural land sales volume fell 26% from mid-2021 to mid-2022. The data comes from the recently released “Texas Land Market Latest Developments” report, published by the real estate center. “Clearly activity appears to be slowing...

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