Land Market Insights and Pricing in Hansford County, Texas

Hansford County, Texas, offers vast agricultural potential across its 920 square miles of flat to gently rolling High Plains terrain. The landscape is characterized by small creeks and drainages, ideal for large-scale farming and ranching operations. With a strong agricultural sector employing 20.7% of the workforce, the county's economy is further diversified by oil production, dating back to 1937. Land buyers should note the county's extensive transportation network, including US Highways 287 and 83, enhancing accessibility and development prospects. While the median home price of $132,100 reflects affordability, potential investors should consider the above-average property tax rate of 1.64%. Hansford's resilient labor market, with 68.6% workforce participation, underscores its economic stability, making it an intriguing option for those seeking Texas acreage with both agricultural and mineral rights potential.