AMARILLO, Texas — One of the most useful resources for rural Texas landowners is the annual Rural Land Value Trends Report published by the Texas Chapter of the American Society of Farm Managers and Rural Appraisers. The 2020 Report was recently released.
This report breaks Texas into seven regions and then each region is broken into smaller sub-regions. The report then offers information regarding land prices and leasing rates for various types of property from irrigated cropland to rangeland to CRP land. Additionally, this is the only publication I am aware of that publishes average hunting lease rates for the Lone Star State.
Here is an example of the data collected for each sub-region. This information is for the Northern Panhandle and South Plains.
To check out the information for your area, click here.
— Tiffany Dowell Lashmet, Extension Specialist Agricultural Law
Texas A&M AgriLife Extension Service
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