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You're likely to find the cheapest Texas acres in the Panhandle and South Plains region, or in Far West Texas. Although price per acre has still been increasing in the Panhandle and South Plains, you could still find land there for an average of $1,511 per acre in 2022.
In Texas, there are three main types of waterfront properties you can expect to find listings for. Any lakefront property. Texas doesn't have many natural lakes, but with roughly seven thousand man-made lakes to choose from, there are plenty of great lakefront options for boating, cookouts, and swimming.
Most Affordable Lake Towns in Texas Lake Texoma / Shutterstock. Lake Granbury / Texas. Eagle Mountain Lake / Photo by Gordon Reid / CC BY-SA. Caddo Lake / Shutterstock. Canyon Lake / Shutterstock. Lake Cypress / Shutterstock. Lake Austin / Shutterstock. Lake Buchanan / Shutterstock.
Ing to Texas A&M University, an acre in Texas costs $4,426 as of the third quarter of 2022. Furthermore, the average price of farmland has increased by 11.3% since 2021 to $2,650 per acre. A typical acre of cropland is worth $2,420. Compared to a year ago, this is an increase of 12.6%.
Wear-And-Tear Expenses The humidity from the water may break down the materials your home is made of, and people tracking in sand and water often may cause damage to the interior. Additionally, a house within proximity to a body of water is more exposed to storms, mist and natural disasters.