{"id":5057,"date":"2017-09-11T04:02:23","date_gmt":"2017-09-11T09:02:23","guid":{"rendered":"http:\/\/agrilife.org\/texasaglaw\/?p=5057"},"modified":"2026-04-17T15:24:56","modified_gmt":"2026-04-17T20:24:56","slug":"texas-rural-land-value-trends-published","status":"publish","type":"post","link":"https:\/\/agrilife.org\/texasaglaw\/2017\/09\/11\/texas-rural-land-value-trends-published\/","title":{"rendered":"Texas Rural Land Value Trends Published"},"content":{"rendered":"<p>I have received many calls recently inquiring about average land leasing rates across the state. \u00a0There are two major publications that offer this type of data to landowners. \u00a0In addition to the USDA NASS survey results I blogged about earlier this month, the Texas Chapter of the American Society of Farm Managers and Rural Appraisers\u00a0publishes the Texas Rural Land Value Trends Report.<\/p>\n<div id=\"attachment_5058\" style=\"width: 650px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-5058\" class=\"size-full wp-image-5058\" src=\"http:\/\/agrilife.org\/texasaglaw\/files\/2017\/08\/blue-bonnets-1238139_640.jpg\" alt=\"\" width=\"640\" height=\"426\" srcset=\"https:\/\/agrilife.org\/texasaglaw\/files\/2017\/08\/blue-bonnets-1238139_640.jpg 640w, https:\/\/agrilife.org\/texasaglaw\/files\/2017\/08\/blue-bonnets-1238139_640-300x200.jpg 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><p id=\"caption-attachment-5058\" class=\"wp-caption-text\">Photo via Pixabay<\/p><\/div>\n<p>This publication, which comes out each April, looks at land prices for the prior year across Texas, broken down into 7 regions\u00a0and then into several sub-regions. \u00a0It reports average rates for land sales as well as land rentals. \u00a0The publication also looks at how these rates have changed since the prior year, factors driving land prices, such as commodity prices and water availability, and reports on the most commonly planted crops in the region. \u00a0To view the publication,\u00a0<a href=\"http:\/\/www.txasfmra.com\/wp-content\/uploads\/ASFMRA-Land-Trends-2015_final.pdf\">click here<\/a>.<\/p>\n<p>As an example, for Region 1, which includes much of the Panhandle and South Plains, the report shows land value ranges and rental ranges for several classes of property: Irrigated cropland (good water); irrigated cropland (fair water); \u00a0dry cropland (east); dry cropland (west); rangeland; and Conservation Reserve Program. \u00a0Looking at Rangeland for the \u201cNorth Panhandle\u201d area, the report shows a rental range that has been stable with stable activity at $7-12 per acre, while the land values, also stable,\u00a0come in at between $450 \u2013 $1,200\/acre. \u00a0For the same area, irrigated cropland with good water shows value ranges from $3,000 to $4,000 per acre, which are stable\/increasing, and rental rates from $150-250 per acre, which are stable. \u00a0This same data is duplicated for all 7 regions.<\/p>\n<p>Keep in mind, oftentimes the best place to get accurate information about land values and rental rates by word of mouth in the area. \u00a0I always encourage folks to visit with their neighbors, with other landowners, with other livestock producers, and with their County Extension Agent when looking to determine the value of specific land in a specific area. \u00a0And, as always, I cannot emphasize enough the importance of ensuring that lease agreements are put into writing. \u00a0Written leases do not need to be long or complex, but need to be utilized to protect both parties to the lease agreement. \u00a0For more information on drafting lease agreements, click here.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I have received many calls recently inquiring about average land leasing rates across the state. \u00a0There are two major publications that offer this type of data to landowners. \u00a0In addition to the USDA NASS survey results I blogged about earlier this month, the Texas Chapter of the American Society of Farm Managers and Rural Appraisers\u00a0publishes the Texas Rural Land Value Trends Report. This publication, which comes out each April, looks at land prices for the prior year across Texas, broken down into 7 regions\u00a0and then into several sub-regions&#8230;. <span class=\"read-more\"><a href=\"https:\/\/agrilife.org\/texasaglaw\/2017\/09\/11\/texas-rural-land-value-trends-published\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":2444,"featured_media":5058,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[16],"tags":[],"class_list":["post-5057","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-leases"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Texas Rural Land Value Trends Published - Texas Agriculture Law<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/agrilife.org\/texasaglaw\/2017\/09\/11\/texas-rural-land-value-trends-published\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Texas Rural Land Value Trends Published - Texas Agriculture Law\" \/>\n<meta property=\"og:description\" content=\"I have received many calls recently inquiring about average land leasing rates across the state. \u00a0There are two major publications that offer this type of data to landowners. \u00a0In addition to the USDA NASS survey results I blogged about earlier this month, the Texas Chapter of the American Society of Farm Managers and Rural Appraisers\u00a0publishes the Texas Rural Land Value Trends Report. This publication, which comes out each April, looks at land prices for the prior year across Texas, broken down into 7 regions\u00a0and then into several sub-regions.... 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