The Texas Panhandle gets its name for its proximity to the handle-shaped portion of its neighbor, Oklahoma. It is the state's least populated region. There was a total of approximately $8 million of land and rural real estate for sale in Gray County recently on Land.com. The total of all Gray County land and rural real estate for sale was almost 3,000 acres. Gray County ranks 217th out of 254 counties in the Lone Star State for the total acreage of land currently advertised for sale. Of all locations in Gray County with land and rural real estate for sale, Pampa featured the most land for sale. Mining and mineral extraction-related services are the main economic drivers in this part of Texas. Gray County is the 115th biggest county (929 square miles) in Texas. It's located in the Panhandle Texas region of Texas.