Land Market Insights and Pricing in Dawson County, Texas

Dawson County, Texas, offers vast agricultural opportunities across its 902 square miles of predominantly flat terrain, characteristic of the South Plains region. Part of the Spraberry Trend, the county holds significant oil reserves, potentially benefiting mineral rights owners. The landscape is dotted with small towns like Lamesa, the county seat, and ghost towns, providing diverse land investment options. Major highways, including Interstate 20 and U.S. Highway 87, ensure excellent connectivity. While the county boasts affordable housing with a median price of $90,800, prospective buyers should note the higher-than-average property tax rate of 1.73%. The economy is anchored by education, healthcare, and agriculture, with 19.6% of employment in farming and resource extraction. However, the 7.9% unemployment rate and 15.9% family poverty rate indicate economic challenges. FEMA assessments suggest low resilience to natural disasters, a factor for consideration in land purchases.