Southwest Texas showed substantial gains, with recreational and hunting parcels leading the way. A strong value surge occurred in the Rocksprings area, with prices jumping seemingly overnight for 2,500 acre tracts from $450/acre in 2004 to $650/acre, on average, throughout 2005. Kinney County saw several sizable sales out in the Tularosa Road area in the $425/acre range, with subdivided parcels moving for $650/acre or more in the 500 acre range. Asking prices along Highway 90 between Uvalde and Brackettville have soared over $1,000/acre, but there are no sales to confirm any justification of that level of optimism. Live water ranches, though scarce, on major creek or river, were fetching well over $1,500/acre in the Nueces Canyon. A ranch on Bullhead Creek near Vance traded for over $3,000/acre. The Frio Canyon saw a couple of sizable river sales of over $5,000/acre, with strong flowing creek ranches topping $2,500/acre in several instances. The Uvalde area appears to have reached a value spike of $3,000/acre for river properties, $2,000/acre for creeks and $1,000/acre for non-water parcels. Further west, these numbers decline to about half of above, while Kimble County is similar to Uvalde in all property types. An 828 acre ranch on big flowing Johnson Fork Creek near Segovia topped $3,500/acre, but at the same time, there were a couple of sales on the N. Llano River west of Junction for less than $2,000/acre. |
| Boerne, TX |  |
830.248.1248 |