Gunny456 said:
That would have been a tremendous price in the 90's in Mason County for good ground….as land around Ozona or Sonora was the only land we looked at in Texas that was that cheap in the early 90's. We diligently looked for land in 1991 in Mason County and found nothing worth buying for under $1500-1600/acre. Llano county was around 1800-2000. West Kimble county about $1000.00.
Raw undeveloped land was cheaper in Kimble county where we ended up buying…but not much.
Sold the ranch in 2020. In 30 years the raw land price was about three times more than what we had paid.
MSRP on a Ford F250 4WD XLT Crew Cab in 1991 was about $24,000. That same truck today is easily four times that.
A 26' Regulator Center Console full rigged with twin Yamaha's in 1991 was around $79,000. Today the same boat is around $320,000…again about 4 times as much.
It's all relative….and the hill country is the most sought after recreational and rural land in Texas….supply vs. demand.
God isn't making anymore land. It's only going to continue to go up.
I've been shopping land for two years and the prices are steadily falling this year in the hill country. I'm hoping the land rush is played out for the next 10 years.
ETA: looking at 20-100 acres.
