· research · 1 min read
How Much Is 40 acres of Land Worth in Texas?
A county-by-county look at 40-acre land values across all 254 Texas counties, plus the data limitations that come with a non-disclosure state.
Overview
This analysis examines 40-acre land valuations across all 254 Texas counties to understand pricing variations.
Factors Influencing Land Value
Multiple elements affect property market values:
- Economic conditions and interest rates
- Comparable sales data
- Location and population density
- Supply and demand dynamics
- Physical attributes (drainage, soil type, utilities)
- Prior, current, and future land use
- Regulatory restrictions
Methodology
The research queried approximately 27,300 vacant land tracts between 35-45 acres with minimal improvements using PRYCD data, which is sourced from First American’s DataTree platform.
Texas Data Challenge
Texas is a non-disclosure state where transaction prices aren’t publicly recorded. Deeds typically show only token consideration ($10-$100). Without actual sale data, the analysis relies on self-reported prices from Realtor.com, Lands of America, Zillow, and LandFlip to estimate market values.
Key Findings
The comprehensive county-by-county table reveals significant price variations:
- Highest priced: Tarrant County ($21,065.89/acre), Harris County ($20,774.29/acre)
- Lowest priced: Multiple counties showing $0.00 due to insufficient comparable data
Important Caveats
The analysis acknowledges data limitations, particularly in counties lacking sufficient 40-acre property listings for accurate market estimates. Some anomalies exist. Rural Ochiltree County shows higher per-acre values than major metropolitan areas, suggesting data gaps rather than market reality.
