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Blacklands South (LMA 26)
Rural Land Prices

Counties: Bastrop, Caldwell, Hays, Lee, Milam, Travis, Williamson

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 127 171 - - 171 - -
1967 113 177 4 4 172 0 0
1968 105 210 19 11 195 14 7
1969 106 224 6 9 198 1 5
1970 98 250 12 10 210 6 5
1971 116 320 28 13 257 22 8
1972 125 365 14 13 280 9 9
1973 114 474 30 16 345 23 11
1974 103 515 9 15 344 0 9
1975 92 650 26 16 396 15 10
1976 100 685 5 15 395 0 9
1977 101 700 2 14 379 -4 8
1978 92 743 6 13 376 -1 7
1979 89 808 9 13 378 0 6
1980 88 962 19 13 413 9 6
1981 52 1246 30 14 489 18 7
1982 56 1327 6 14 490 0 7
1983 74 1400 6 13 498 1 6
1984 94 2050 46 15 702 41 8
1985 76 2500 22 15 831 18 9
1986 69 2000 -20 13 651 -22 7
1987 77 1400 -30 11 443 -32 5
1988 74 1200 -14 9 367 -17 4
1989 82 1200 0 9 354 -4 3
1990 90 957 -20 7 272 -23 2
1991 75 973 2 7 267 -2 2
1992 98 892 -8 7 239 -10 1
1993 89 966 8 7 253 6 1
1994 100 1016 5 7 261 3 2
1995 100 1200 18 7 302 16 2
1996 78 1300 8 7 321 6 2
1997 79 1350 4 7 328 2 2
1998 89 1500 11 7 360 10 2
1999 76 1612 7 7 382 6 2
2000 55 1866 16 7 432 13 3
2001 56 2320 24 8 525 21 3
2002 46 2626 13 8 585 11 3
2003 43 3100 18 8 675 15 4
2004 44 3259 5 8 690 2 4
2005 46 3847 18 8 791 15 4
2006 50 4000 4 8 799 1 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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