LAND VALUES IN THE BIG BEND REGION OF TEXAS
Prices in the Big Bend where Sierra la Rana is located have been robust for over 20 years. With spikes in the positive on a year to year basis the majority of the time. Some years as much as +80.49%, +50.49% and +25.25%, according to the Texas Real Estate Center at Texas A&M University, the nation’s largest publicly funded organization devoted to real estate research.
In the most recent numbers, the Real Estate Center reports median prices continued to increase, jumping another 12.9% percent.
The upward trend in land values continues according to the Real Estate Center.
The last full research year we found as of this writing showed small land sales posting strong gains, increasing 29% year-over-year. This was the highest annual gain in small land sales volume of any Texas region.