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Idyllic Texas region explodes with sales amid pandemic land rush
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Home prices, sales at record pace across the nation - and in the Borderland
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This Texas region explodes with sales amid pandemic land rush
This Texas region explodes with sales amid pandemic land rush Could the Texas Hill Country be the rural promised land for city folk?
Photo by Steve Rawls It’s a sure sign that city dwellers are hunting for quieter, more isolated environments during the coronavirus pandemic: The region encompassing Austin, the Hill Country, and Waco represented 28 percent of the dollar value of the state’s rural land sales last year. A report released March 30 by Texas A&M University’s Real Estate Research Center shows that of Texas’ nearly $1.7 billion in rural land sales in 2020, the region including Austin, the Hill Country, and Waco accounted for $473.8 million of the total. That was the highest dollar volume among the six regions outlined in the report and was 26 percent above the region’s dollar volume registered in 2019.