What is your land worth?

The short answer: North Texas land is priced per acre from comparable closed sales, then adjusted for tract size, road frontage, water, improvements, minerals and ag valuation. Over the 12 months ending September 22, 2026, county medians for 5+ acre tracts ran from about $11,500 per acre in Jack County to about $72,000 in Denton and Rockwall, and in Parker County small tracts sold for about three times the per-acre price of large ones (NTREIS closed Land listings, 5+ acres).

Land does not price like a house. Two tracts in the same North Texas county can differ several-fold per acre depending on size, road frontage, water, improvements and ag history. In Parker County over the 12 months ending September 22, 2026, 5 to 10 acre tracts sold for a median of about $39,600 per acre, while tracts over 100 acres sold for a median of about $13,000 per acre, roughly a three-to-one gap from tract size alone (source: NTREIS closed Land listings, 5+ acres). The Agency Dallas Land & Ranch Division prices land from comparable closed sales matched to your tract, not from a regional average.

What do you receive with a land valuation?

• Comparable closed sales matched by acreage and county
• A read on your 1-d-1 ag or wildlife valuation status and any rollback exposure
• A preparation list: survey, access, water and mineral documents to gather before listing
• A marketing preview: drone, aerial and brochure plan for your property

How do you request one?

Call (469) 839-6020 or contact the Land & Ranch team with the property county, approximate acreage, what is on it (none, a home, barns and pens, or a full ranch), whether it carries an ag or wildlife valuation, and your timeline. If you have the survey or last tax statement, have it ready. A specialist from The Agency Dallas Land & Ranch Division will follow up.

What drives the value of rural land in North Texas?

1. Tract size. Smaller tracts sell for more per acre: in Parker County, about $39,600 per acre for 5 to 10 acres versus about $13,000 for tracts over 100 acres.
2. Distance to DFW. County medians range from about $11,500 per acre in Jack County to about $72,000 in Denton and Rockwall (NTREIS closed Land listings, 5+ acres, 12 months ending September 22, 2026).
3. Road frontage and legal access.
4. Water. Wells, stock tanks, live water and groundwater district rules.
5. Improvements. Homes, barns, pens, fencing and roads.
6. Minerals and easements. What is severed or leased, and what crosses the land.

County-by-county figures are in the North Texas land price report. When you are ready to sell, read Selling Texas Land and who pays rollback taxes.

Common questions when pricing, buying or selling Texas land

How are property taxes figured on agricultural land in Texas?

Land with a 1-d-1 open-space (ag) valuation is taxed on its productive value rather than its market value. If the use changes, Tax Code §23.55 rollback recovers the difference for the three years before the change, with no interest added for changes on or after June 15, 2021. A buyer who keeps the ag use must file a new application (Comptroller form 50-129) by April 30, because the seller’s application ends at the sale.

Can I use a 1031 exchange to buy or sell ranch land in Texas?

Generally yes. Real property held for investment or productive use in a business can qualify under §1031. You have 45 calendar days from the sale to identify replacement property in writing and 180 days to close, and a qualified intermediary must be in place before closing. Talk to your CPA first.

How long does it take to close on a ranch in Texas?

Contract to closing frequently runs 45 to 90 days, because survey, title curative and land loan underwriting take longer than on a house.

What is the TREC Farm and Ranch Contract?

It is the contract form promulgated by the Texas Real Estate Commission for sales of farm and ranch property, used instead of the one-to-four family residential contract. Among other terms, it addresses who pays rollback taxes if the buyer changes the land’s use.

What belongs on a due diligence checklist for rural land?

A current survey, the title commitment and every Schedule B restriction, recorded legal access, the water source (well reports, the water utility’s service area, the groundwater district), what minerals are severed or leased, ag or wildlife valuation status and rollback exposure, the septic site evaluation, and floodplain status. See the full land due diligence checklist.

What should I ask a land broker before hiring them?

How many acreage transactions they have closed in your county, and on which side; how they will price a tract with few usable comparable sales; how they will market it (aerial and drone work, mapping, the national land networks); what the commission covers; and how they handle ag valuation, water and mineral questions before the property goes live.

Price figures: NTREIS closed Land listings of 5+ acres, 365 days ending September 22, 2026. Last reviewed September 2026 by Damon Williamson, Broker, The Agency Dallas.