USA HISTORY

FIRST CONTACTS 28000 BCE 1821 CE

SPANISH COLONIES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Land in the Texas sold for an average price of ____ per acre.
A
12 1/2 cents
B
12 cents
C
one dollar and 12 cents
D
five dollars
Explanation: 

Detailed explanation-1: -Farm real estate average value: $2, 650/acre, an 11.3% increase from 2021. Cropland average value: $2, 420/acre.

Detailed explanation-2: -How Much an Acre of Land Costs in Texas. An acre of rural land cost around $3, 954 in 2021. But not all land is rural. If you want to buy developed residential land, you’re looking at a median price of $110, 000 per acre.

Detailed explanation-3: -Overall the average rural land price per acre in Texas in 2021 was about $3, 725, up a massive 25% over 2020’s overall average of $3, 064. The 2020 average was an understandably modest 3% increase from the 2019 average of $2, 972.

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