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. Land for sale in Lipscomb County, Texas, recently totaled $28 million and 100,000 acres. Lipscomb County ranks 240th out of 254 counties in the state for the total acreage of land currently advertised for sale. Follett featured the most land for sale. Economically speaking, Lipscomb County's is largely dependent on mining and mineral extraction-related businesses and services. Lipscomb County is Texas's 111th largest county (932 square miles). It's located in the Panhandle Texas region of Texas.