Rural Land Values in the Southwest: First Half, 1997 Page: 27
44 p. : ill. ; 28 cm.View a full description of this report.
Extracted Text
The following text was automatically extracted from the image on this page using optical character recognition software:
Oklahoma Land Market Area 14
Spring 1997 Median Spring 1998 Annual
Price per Acre Projected Change in Annual
($) Typical Change Number (%) Cash Rent
Size in Value For Per Acre
Rural Land Low Average High (acres) (%) Sale Sold ($)
Irrigated cropland - - - - _ - - -
Nonirrigated cropland 500 600 900 80 0 1 96 32
Improved pasture 400 550 750 80 5 2 90 21
Native rangeland 350 375 500 160 5 2 90 17
Urban fringe 1,000 1,750 2,500 40 5
Orchard or vineyard - - - - - - -
Timberland 250 275 325 160 5 2 75
Sales with minerals transferred: 90%
Percentage of minerals transferred: 50%
Native rangeland Cost ($)
per animal unit 4,200 - 3,750
Oklahoma Land Market Area 15
Spring 1997 Median Spring 1998 Annual
Price per Acre Projected Change in Annual
($) Typical Change Number (%) Cash Rent
Size in Value For Per Acre
Rural Land Low Av-r.. High (acres) (%) Sale Sold ($)
Irrigated cropland 1,000 1,200 1,500 160 2 0 - -
Nonirgated cropland 450 600 900 160 3 4 50 -
Improved pasture 350 425 575 160 2 5 45 -
Native rangeland 200 275 350 155 2 5 38 10
Urban fringe 750 1,300 1,700 55 3
Orchard or vineyard 700 800 1,000 80 2 3 3
Timberland 200 250 300 80 1 3 41
Sales with minerals transferred: 55%
Percentgage of minerals transferred: 50%Native rangeland
per animal unitCost ($)
3.0001 3,0001 2,9751
Source: Real Estate Center at Texas A&M University
27
Upcoming Pages
Here’s what’s next.
Search Inside
This report can be searched. Note: Results may vary based on the legibility of text within the document.
Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Report.
Gilliland, Charles E. & Semien, Anthony. Rural Land Values in the Southwest: First Half, 1997, report, December 1997; College Station, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1586956/m1/31/: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting UNT Libraries Government Documents Department.