Land and home values in Palo Pinto County, Texas
Palo Pinto County (small town, Mineral Wells, TX) covers 953 square miles and 10 census tracts. Residential land is about $3.14 per sq ft at the county median, from $2.74 in its most rural tracts to $23.70 in its most valuable. The typical home is worth about $229,000 and a 2-bedroom rents for about $1,060 a month, as of October 12, 2026.
Open on the satellite mapAll of TexasCounty values
| Land: residential | $3.14 | per sq ft |
| Land: residential | $136,953 | per acre |
| Land: quarter-acre lot | $34,238 | 10,890 sq ft |
| Land: farmland | $3,650 | per acre |
| Home: typical (median) | $229,000 | value |
| Home: entry-level | $132,000 | lower quartile |
| Home: upper-end | $355,000 | upper quartile |
| Build new | $157 | per sq ft, no land |
| Rent: 1-bedroom | $820 | per month |
| Rent: 2-bedroom | $1,060 | per month |
| Rent: 3-bedroom | $1,390 | per month |
| Rent: 4-bedroom | $1,780 | per month |
| Gross yield, 2-bed | 5.6% | a year |
Price tiers
| Tier | Tracts | Land $/sq ft | Typical home | Rent 2-bed |
|---|---|---|---|---|
| Small town | 5 | $3.10 | $172,000 | $1,040 |
| Rural | 3 | $23.70 | $307,000 | $955 |
| Farmland | 2 | $6.75 | $308,000 | $1,060 |
Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.
Cities and towns
Highest-value places
| Place | Type | Land $/sq ft | Typical home |
|---|---|---|---|
| The Ranch on Possum Kingdom | Subdivision | $23.70 | $307,000 |
| Water Ridge Estates | Subdivision | $23.70 | $307,000 |
| The Hills | Subdivision | $18.50 | $295,000 |
| The Hills | Subdivision | $17.60 | $292,000 |
| The Gates | Subdivision | $13.00 | $269,000 |
| Mingus | Town | $8.12 | $86,200 |
| Gordon | Town | $8.03 | $170,000 |
| Graford | Town | $6.39 | $134,000 |
Questions people ask
How much is land worth in Palo Pinto County, TX?
Residential land in Palo Pinto County, TX is about $3.14 per square foot, or $136,953 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $34,238. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Palo Pinto County, TX?
The typical (median) home in Palo Pinto County, TX is worth about $229,000, with entry-level homes around $132,000 and upper-end homes around $355,000, as of October 2026.
How much is rent in Palo Pinto County, TX?
A 2-bedroom rents for about $1,060 a month in Palo Pinto County, TX, a 1-bedroom about $820 and a 3-bedroom about $1,390 (gross rent including utilities, HUD Fair Market Rent basis).
How much is farmland per acre in Palo Pinto County, TX?
Farmland averages about $3,650 an acre in Palo Pinto County, TX (USDA, including buildings), well below residential land.
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.