The value of land in Texas can vary greatly depending on several factors such as location, size, zoning, topography, and market conditions. Without specific information about the property in question, it is not possible to give an accurate estimation of value.
For example, 1 acre of land in Texas can vary widely depending on location, county and market conditions. On average, the value of 1 acre of residential raw land in Texas can range from $5,000 to $15,000 or more. However, in very developed urban areas, the value can be higher, while in more rural areas, it may be lower. Also, as land acreage increases, the price per acre decreases so you can’t compare a 1 acre tract to a 50 acre tract using the same price per acre.
It is suggested to seek the assistance of a professional who specializes in Vacant Land and understands market trends, topography, floodplains, zoning, perc tests, utility availability, and much more. Also note that the average real estate agent does not know land values nor how to sell land as they focus solely in the housing sector.