Farm, ranch and ag land

What does farm and ranch land cost around Austin?

Land east and north of Austin trades for a fraction of Hill Country prices per acre. The lowest town medians were Lampasas at $11,931, Rockdale at $14,462, Hallettsville at $14,831.

The short answer

Ag exemption basics

What sells

Method

Farm and ag land questions

What does farmland cost per acre near Austin?

The lowest town medians for 10 to 100 acres were Lampasas at $11,931, Rockdale at $14,462, Hallettsville at $14,831 over the last 12 months.

What is a 1-d-1 ag exemption in Texas?

An open-space agricultural valuation that taxes qualifying land on its productive value instead of market value.

Does the ag exemption transfer when I buy land?

Yes if the land stays in qualifying agricultural use and the new owner files with the appraisal district. A change of use can trigger rollback taxes.

How many acres do I need for an ag exemption?

Each county sets its own minimums and use standards. Check the county appraisal district guidelines for the specific property.

Is farmland near Austin a good investment?

That depends on the location and the buyer. Land near growth corridors has tended to gain as development reaches it, while agricultural income on its own is usually modest relative to land prices, so most buyers weigh appreciation, use and the tax valuation together.

What makes farm land sell faster?

Water (wells, tanks, creek), good fencing, road frontage and a clean ag history.

Where is the cheapest land within 100 miles of Austin?

Lampasas, Rockdale, Hallettsville, by median price per acre over the last 12 months.

Can I build a house on ag-exempt land?

Yes, but the homesite is usually removed from the agricultural valuation and taxed at market value. The rest of the land can keep its valuation.

Do I need a survey to buy rural land in Texas?

Lenders and title companies usually require one, and on rural tracts it confirms acreage, access and easements. Budget for it.

How do I find out what my land is worth?

Request a Ranchidential briefing: closest land sales adjusted for acres, improvements and timing, plus the best month to list.