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  <xsd:element name="ContractToConstructFencingAroundPhase2aMember" id="pcyo_ContractToConstructFencingAroundPhase2aMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="NumberOfRentalUnitsBuiltAndRented" id="pcyo_NumberOfRentalUnitsBuiltAndRented" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="NoteReceivableCumulativePaymentsReceived" id="pcyo_NoteReceivableCumulativePaymentsReceived" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="MeteredWaterAndWastewaterUsageFeesMember" id="pcyo_MeteredWaterAndWastewaterUsageFeesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="EquityIncentivePlan2024Member" id="pcyo_EquityIncentivePlan2024Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="EquityPlan2014AndEquityIncentivePlan2024Member" id="pcyo_EquityPlan2014AndEquityIncentivePlan2024Member" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="ContractToConstructFencingAroundPhase2bMember" id="pcyo_ContractToConstructFencingAroundPhase2bMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="ShareBasedPaymentArrangementSingleEmployeeMember" id="pcyo_ShareBasedPaymentArrangementSingleEmployeeMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="NumberOfRevenueGeneratingSegments" id="pcyo_NumberOfRevenueGeneratingSegments" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="FifthSubphaseMember" id="pcyo_FifthSubphaseMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="WaterAndWasteWaterSystemsAdjudicatedVolume" id="pcyo_WaterAndWasteWaterSystemsAdjudicatedVolume" type="dtr-types:volumeItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" />
  <xsd:element name="WaterAndWastewaterMember" id="pcyo_WaterAndWastewaterMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="WaterAndWastewaterActivitiesMember" id="pcyo_WaterAndWastewaterActivitiesMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="TaxesPayableOtherThanPropertyTaxesCurrent" id="pcyo_TaxesPayableOtherThanPropertyTaxesCurrent" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="credit" />
  <xsd:element name="DebtFacilityFinancingMember" id="pcyo_DebtFacilityFinancingMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="DebtInstrumentBalloonPaymentTerm" id="pcyo_DebtInstrumentBalloonPaymentTerm" type="xbrli:durationItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="ProceedsPaymentsRelatedToDevelopRealEstateProjects" id="pcyo_ProceedsPaymentsRelatedToDevelopRealEstateProjects" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="debit" />
  <xsd:element name="ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedNetSettlementCanceledInPeriod" id="pcyo_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedNetSettlementCanceledInPeriod" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedNetSettlementIssuedInPeriod" id="pcyo_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedNetSettlementIssuedInPeriod" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="U.s.TreasurySecuritiesAt5YearConstantMaturityMember" id="pcyo_U.s.TreasurySecuritiesAt5YearConstantMaturityMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="TermLoanOptionMember" id="pcyo_TermLoanOptionMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="CommonStockSharesIssuedNotDisclosed" id="pcyo_CommonStockSharesIssuedNotDisclosed" type="xbrli:booleanItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="ChangeInFixedAssetsIncludedInAccountsPayableAndAccruedLiabilities" id="pcyo_ChangeInFixedAssetsIncludedInAccountsPayableAndAccruedLiabilities" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="credit" />
  <xsd:element name="NumberOfReportableSegmentsNotDisclosedFlag" id="pcyo_NumberOfReportableSegmentsNotDisclosedFlag" type="xbrli:booleanItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="OakwoodMember" id="pcyo_OakwoodMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="PulteGroupMember" id="pcyo_PulteGroupMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="ContractToConstructFencingMember" id="pcyo_ContractToConstructFencingMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="NumberOfNotesReceivable" id="pcyo_NumberOfNotesReceivable" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" />
  <xsd:element name="DebtInstrumentCovenantTangibleNetWorth" id="pcyo_DebtInstrumentCovenantTangibleNetWorth" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="DebtInstrumentCovenantLiquidity" id="pcyo_DebtInstrumentCovenantLiquidity" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="debit" />
  <xsd:element name="PcyoHomeRentalsLlcMember" id="pcyo_PcyoHomeRentalsLlcMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="LineOfCreditFacilityAdditionalBorrowingCapacity" id="pcyo_LineOfCreditFacilityAdditionalBorrowingCapacity" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="instant" abstract="false" xbrli:balance="credit" />
  <xsd:element name="PublicUtilitiesPropertyPlantAndEquipmentAdditions" id="pcyo_PublicUtilitiesPropertyPlantAndEquipmentAdditions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" xbrli:balance="debit" />
  <xsd:element name="ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodCash" id="pcyo_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodCash" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrossPerIndividual" id="pcyo_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrossPerIndividual" type="xbrli:sharesItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="Rule10b51ArrangementModifiedFlag" id="pcyo_Rule10b51ArrangementModifiedFlag" type="xbrli:booleanItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="NonRule10b51ArrangementModifiedFlag" id="pcyo_NonRule10b51ArrangementModifiedFlag" type="xbrli:booleanItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="NumberOfAdditionalHomesAvailableForSale" id="pcyo_NumberOfAdditionalHomesAvailableForSale" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="NumberOfAdditionalRentalHomesUnderConstructionContracts" id="pcyo_NumberOfAdditionalRentalHomesUnderConstructionContracts" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="NumberOfAdditionalRentalHomesPlanned" id="pcyo_NumberOfAdditionalRentalHomesPlanned" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
  <xsd:element name="WaterCourtApplicationMember" id="pcyo_WaterCourtApplicationMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="true" />
  <xsd:element name="ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNumberOfEmployees" id="pcyo_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNumberOfEmployees" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" xbrli:periodType="duration" abstract="false" />
</xsd:schema>
