The Texas Panhandle gets its name for its proximity to the handle-shaped portion of its neighbor, Oklahoma. It is the state's least populated region. The combined value of ranches, farms, hunting land and other rural land and acreage for sale in Gray County, Texas, recently on Land.com was approximately $20 million. This represents around 4,000 acres of ranches, farms, hunting land and other rural land and acreage for sale in Gray County. Gray County ranks 184th out of 254 counties in Texas for the combined amount of land currently advertised for sale. Among cities in Gray County with land and rural real estate for sale, Pampa featured the most land for sale. Economically speaking, Gray County's is largely dependent on mining and mineral extraction-related businesses and services. Gray County is the 115th largest county (929 square miles) in Texas. It's located in the Panhandle Texas region of Texas.