Hay & Alfalfa Farmland in Texas

Hay & Alfalfa farmland in Texas for a 320 - 640 Acres parcel costs approximately $2,121 per acre, with a total investment of $1,018,080. The estimated annual ROI is 9.1% with cash rent of $85 per acre.

Texas has 247,000 farms with an average size of 514 acres. Farmland prices average $2,700 per acre statewide, with 7.5% year-over-year appreciation. Cash receipts total $25.4B annually.

The estimated annual ROI is 9.1% for a 320 - 640 Acres parcel, generating $92,160 in annual income ($192 per acre). The 5-year appreciation estimate is 924.0%.