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Texas Land Buying Trend

The demographics of land ownership in Texas have undergone significant changes in recent years, with a notable increase in the number of African-American and Hispanic-owned operations and acres from 2007 to 2012. This trend is likely to continue as the state's population becomes increasingly diverse, with the

Hispanic population projected to make up 53% of the total population by 2050. Landowner residence is another important factor to consider, with a significant increase in the number of resident landowners and a relatively stable number of absentee owners from 1997 to 2012. Small-acreage farms and ranches have also seen a rise in ownership, with the majority of landowners in Texas owning operations of less than 500 acres.

The perspective of Texas landowners is also important to consider. A survey conducted by the Texas A&M Natural Resources Institute found that approximately 85% of landowners in the state depend on their operations as their primary occupation, with 42% being new to the industry in the past 10 years. These landowners play a crucial role in the stewardship of working lands and should be supported in their efforts to conserve and manage these valuable resources.