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Highland Lakes (LMA 16)
Rural Land Prices

Counties: Burnet, Gillespie, Llano, Mason

Year Median
Tract Size
(acres)
Nominal Real
Median*
Price
Per Acre
Percentage
Change
Annual
Compound
Growth
Rate
From 1966
Median*
Price
per Acre
Percentage
Change
Annual
Compound
Growth
Rate
From 1966
1966 134 190 - - 190 - -
1967 132 178 -7 -7 172 -9 -9
1968 132 200 13 3 186 8 -1
1969 150 222 11 5 196 6 1
1970 166 250 13 7 210 7 3
1971 198 258 3 6 207 -2 2
1972 202 300 16 8 230 11 3
1973 220 390 30 11 284 23 6
1974 208 548 41 14 366 29 9
1975 172 508 -7 12 310 -15 6
1976 199 534 5 11 308 -1 5
1977 158 595 11 11 323 5 5
1978 198 635 7 11 322 0 4
1979 187 700 10 11 327 2 4
1980 220 762 9 10 327 0 4
1981 207 850 12 11 333 2 4
1982 178 1000 18 11 369 11 4
1983 196 1250 25 12 444 20 5
1984 202 1451 16 12 497 12 5
1985 125 2000 38 13 665 34 7
1986 114 1394 -30 10 453 -32 4
1987 127 1046 -25 8 331 -27 3
1988 147 998 -5 8 305 -8 2
1989 156 942 -6 7 278 -9 2
1990 141 806 -15 6 229 -18 1
1991 178 846 5 6 232 1 1
1992 194 800 -5 6 215 -8 0
1993 160 846 6 6 222 3 1
1994 163 1000 18 6 257 16 1
1995 162 979 -2 6 246 -4 1
1996 144 1250 28 6 309 25 2
1997 138 1340 7 7 325 5 2
1998 154 1695 27 7 407 25 2
1999 144 1800 6 7 426 5 2
2000 82 3026 68 8 701 64 4
2001 56 2836 -6 8 642 -8 4
2002 81 2764 -3 8 615 -4 3
2003 97 2867 4 8 625 1 3
2004 57 3552 24 8 752 20 4
2005 67 3500 -1 8 720 -4 3
2006 60 4600 31 8 919 28 4

Source: Real Estate Center at Texas A&M University.
Note: Real values are in 1966 dollars.
* State medians are an average of the land market area medians weighted by the percentage of land in each area.

 
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