How much does land cost around Austin?

Austin-area lots and land sold for a median of $205,000 over the 12 months ending September 2026, across 1,139 sales in the ACTRIS MLS, on a median of 1.08 acres. That is down 1.9% from $209,000 the year before. The median land listing for sale today is at $225,000. Because parcels range from small city lots to large ranches, compare a parcel against sales of similar size in the same area.

Across the 1,139 land sales in the Austin area over the last 12 months, the median price worked out to about $142,000 per acre, but the per-acre price falls sharply with size. Lots under 1 acre sold for a median of $139,950 on 0.31 acres, parcels of 1 to 5 acres for $200,000 on 1.99 acres, and parcels of 20 acres or more for $1,310,000 on 35.9 acres.

Land buyers hold most of the leverage. There are about 34 months of supply, 3,258 parcels for sale against about 95 sales a month, and the typical sale closed at 88.5% of its original list price. The median parcel took 115 days to go under contract. That leaves room to negotiate, and time to finish your checks on utilities, access and building rules before you commit.

Rarely at the start. The median Austin-area land sale was $205,000 last year, and a new house still has to be designed, permitted and built on top of that, often with a well, septic system and driveway on rural parcels. New construction houses in the area sold for a median of $394,000. Building makes sense when you want a specific lot, more land or a custom design, not to save money.

Confirm legal access to a public road, the availability and cost of water, electric and sewer or septic, and any easements on the survey. Check the flood plain, deed restrictions and HOA rules, and whether the county or city allows what you plan to build. For rural parcels, ask about agricultural tax valuation, since removing it can bring back taxes. A soil test for septic is worth doing before you close.

Pricing from what they paid or from house prices nearby rather than recent land sales. With about 34 months of supply across the Austin area, buyers have plenty to compare, and the typical parcel closed at 88.5% of its original list price last year. Having a current survey, utility information and any soil or septic tests ready helps a parcel sell faster than the 115-day median.

Austin addresses had the most land sales over the last 12 months, 232 at a median of $450,000. Bastrop followed with 112 at $79,000, Dale with 57 at $169,650, Dripping Springs with 49 at $325,000, and Lago Vista with 46 at $60,000. Lot size explains much of the gap: 87% of Lago Vista sales and 65% of Bastrop sales were under an acre, against 16% in Dripping Springs. Compare parcels of similar size.

The median Austin-area parcel took 115 days to go under contract over the last 12 months, measured on cumulative days on market so relisted parcels are not reset. That is up from 108 days a year earlier and roughly twice the median for houses. Add 30 to 60 days from contract to closing, since land buyers often need surveys, soil tests and financing that take longer than for a house.

Yes, but land loans differ from home mortgages. Lenders usually ask for a much larger down payment than on a house, and charge higher rates with shorter terms. Some local banks and farm credit lenders specialize in rural land. If you plan to build soon, ask about a construction loan that covers both the lot and the house. Get a lender lined up before you make an offer.

Ask us for a value and we will price it against the land sales that actually match it: similar acreage, access, utilities and terrain in the same area, from the last 12 months of ACTRIS MLS closings. For context, Austin-area land sold for a median of $205,000 on a median 1.08 acres, and the typical parcel closed at 88.5% of its original list price. Online estimates are least reliable for land.