This ancient, yellowed letter dated 1937 is hard to read, but it shows what land cost 85 years ago in the Sharyland area: $250 an acre. Or less.Today, one local realtor estimates that same acre would probably set you back $175,000, depending obviously on a few variables; but on average, $175k.Adjusted for inflation, that $250 today would equal approximately $5,000. We could all beg, borrow, or steal $5,000, buy an acre, and then flip it for $175k, and wouldn’t that be nice? If only it worked that way.This same realtor/developer says that in 1980, he could buy an acre of ...