The Inland Plains area showed a dramatic surge in 2005, with $1,500/acre becoming the benchmark for wooded parcels. This number continues to rise into 2006. The record appreciation rate is estimated at 25% for the year, and this appears to be running the same course into 2006. A sale of 500 acres on the Guadalupe River east of Gonzales was facilitated by our office at $1,950/acre with a pinch of minerals. A sale of 150 acres on a live creek near Smiley is verified at $2,650/acre, though improvements were nice and included an irrigation well. Karnes County moved up nicely, with sales on the San Antonio River reported at close to $2,000/acre, and brush land to the west pushing $1,500/acre. Minerals becoming harder and harder to get due to play east of Kenedy. The Seguin area has seen fragmentation to the point of no return, and rooftop developers are scouring the
area for flat farmland to plunder and pillage with streets, utilities and crackerbox houses. Guadalupe County in general has topped $2,000/acre, with
nothing on the Guadalupe River selling for less than $2,500/acre in 2005. DeWitt County has also spiked, with river sales exceeding $2,000/acre. The
driver is the Houston market, now beginning to realize the true value and usefulness of this land, coupled with the shorter drive time as opposed to the
Hill Country. Lavaca County saw some transactions on the Lavaca River under the $2,000/acre mark, and there were still some wooded hunting parcels in the more remote areas available for less than $1,500/acre. This will change in 2006, and we fully expect to see the magic number hit $2,000/acre for tracts with oaks, decent access and at least a smidge of minerals.

 
Boerne, TX 830.248.1248