State Guide Updated May 2026

Farm Loans in Texas

Texas has the most farmland of any state — 130 million acres — and a diverse agricultural economy from row crops in the Panhandle to ranching in the Hill Country to produce farming in the Rio Grande Valley.

130MAcres Farmland
248,000Farm Operations
$3,100Avg. Acre Value
5.50%FSA Direct Rate
TX
#1Cattle Producer
#1Cotton Producer
#2Ag Revenue
$26.1BAnnual Ag Revenue
177FSA County Offices
MostFSA Offices — Any State
Advertiser Disclosure: AcreCompass is reader-supported. Some lender links on this page are affiliate links — we may receive compensation when you click or apply. This does not affect our editorial ratings or the order in which lenders appear. Learn more →

Texas FSA Service Centers

Texas has 177 USDA Farm Service Agency county offices — more than any other state. Contact your local office to begin a Direct Farm Loan application. Processing times average 60 days for Direct loans and 30 days for Guaranteed loans.

College Station (State Office)
2405 Texas Ave S, College Station, TX 77840
(979) 680-5151
Lubbock Area (Panhandle)
1602 Municipal Dr, Lubbock, TX 79403
(806) 472-7890
Dallas Area Office
1400 N Central Expy, McKinney, TX 75069
(972) 542-8990
San Antonio Area
11520 W IH-10, San Antonio, TX 78230
(210) 308-0020
Texas State Program
Texas Agriculture Finance Authority (TAFA) Loan Guarantee
State-Backed
Max Loan
$1,000,000
Guarantee
Up to 90%
Who Qualifies
TX Farmers

The Texas Agriculture Finance Authority provides loan guarantees up to 90% of principal on loans up to $1 million, administered through participating Texas lenders. TAFA guarantees are particularly useful for smaller and beginning farmer operations accessing commercial credit. Learn more at tda.texas.gov →

Best Farm Lenders for Texas Farmers

Rates current as of May 2026. Lender availability confirmed for Texas.

All Loans Land Purchase Operating Equipment Livestock

Farm Lenders — Texas

5 lenders · Sorted by editorial rating
# Lender Loan Type Rate Range Max Loan TX Presence
1 Farm Credit Bank of Texas
4.8 ★ · Best for TX land & livestock loans
Land, Operating, Livestock 5.85%–9.25% $50M+ ✓ Texas Apply →
2 National Funding
4.6 ★ · Best for working capital
Operating, Equipment 7.00%–24.00% $500,000 ✓ Texas Apply →
3 Fora Financial
4.4 ★ · Fast funding for operations
Operating, Equipment 7.00%–35.00% $1,500,000 ✓ Texas Apply →
4 Lendio
4.3 ★ · Marketplace — compare multiple lenders
Operating, Equipment, Land Varies $5,000,000 ✓ Texas Apply →
USDA FSA Direct Loans
Government program · No affiliate relationship with USDA
Land, Operating, Emergency 4.75%–5.50% $600,000 177 TX Offices Learn More →
Rates as of May 2026. FSA rates set by USDA quarterly. Commercial rates are representative ranges — your actual rate depends on credit, collateral, and term. AcreCompass has no affiliate relationship with USDA FSA.

Texas Farmland Loan Market: What to Know in 2026

Texas farmland values vary enormously across the state's 130 million acres. The statewide average of $3,100 per acre masks extreme regional variation — productive dryland cotton in the Panhandle runs $1,500–$2,500 per acre, while irrigated corn ground in the southern Panhandle can reach $4,000–$6,000 per acre. Hill Country ranch land used for cattle and wildlife operations trades in a completely different market than row crop ground.

Farm Credit Bank of Texas (serving TX, LA, MS, AL, and NM) is the primary Farm Credit institution in the state, providing long-term fixed and variable rate land loans for the full range of Texas agricultural operations. The state's 177 FSA county offices — the most of any state — reflect the scale of Texas agriculture and provide meaningful access to government-backed credit in even the most rural counties.

Texas-Specific Underwriting Considerations

Lenders in Texas underwrite agricultural land at varying LTV ratios depending on use type — irrigated cropland typically qualifies at 70–75% LTV, while rangeland and pasture may be underwritten at 55–65% LTV. The TAFA guarantee is particularly useful for beginning farmers and smaller operations that need commercial credit but haven't yet built the equity base to qualify on their own.

Texas Farm Loan Application Checklist

Gather these documents before contacting lenders to speed up the underwriting process.

  • 3 years federal tax returns (Schedule F for farm income)
  • Current balance sheet (assets, liabilities, net worth)
  • Current year cash flow projection and livestock inventory records (if applicable)
  • Legal description and most recent appraisal of property (if land purchase)
  • FSA farm records (farm number, crop history) from your county FSA office
  • Government-issued ID and Social Security number for credit pull
  • Existing loan statements (equipment notes, operating lines, land mortgages)