Land Market Insights and Pricing in Runnels County, Texas

Runnels County, Texas, offers a diverse landscape of flat plains and rolling hills across its 1,051 square miles of land. The predominantly grassland terrain, dotted with forested areas and small creeks, provides excellent opportunities for farming and ranching. With a rich agricultural heritage, the county's economy is bolstered by its 14.4% employment in agriculture and related industries. The MacMillan oil field, discovered in 1927, hints at potential mineral rights for land investors. Major highways, including U.S. 67 and 83, ensure good accessibility. While the median home price of $103,700 is notably lower than the national average, potential buyers should consider the higher-than-average 1.46% property tax rate. The county's rural charm is exemplified by small towns like Ballinger and Winters, offering a blend of history and small-town living amidst a landscape FEMA assesses as having very low economic risk from natural disasters.