Property type
Undeveloped and recreational tracts are valued for what they could become as much as for what they are. A corridor across the middle can foreclose the best future use without touching a building.
Rural tracts trade on frontage, access, water, cover and what a buyer believes could be done with them. Highest and best use matters more here than on almost any other property type, because the current use is often minimal.
Texas values property for the highest and best use it could lawfully be put to, and a reasonable probability of a change in use can be considered. Where a tract sits in the path of growth, a corridor across the best building area affects the after value even though nothing is currently built.
Two corridors taking the same acreage can have very different effects depending on whether one follows a boundary and the other crosses the middle. Route is negotiable more often than owners expect.
Lease income, cover, water and the sense of seclusion all contribute to what recreational land brings. A cleared corridor and a maintenance road change all four, and the effect is measurable through comparable sales of similarly encumbered tracts.
County road frontage and the location of gates determine how a tract can be divided and sold later. A taking that reduces frontage or moves the entry can reduce the number of ways the land could be used.
Related projects
Start with your situation
Learn what the notice may mean and what information you may want to review.
ExploreSituation 02Understand how property acquisition through eminent domain may begin.
ExploreSituation 03Explore questions related to property valuation and compensation.
ExploreSituation 04Learn about issues property owners may consider when they disagree with an offer.
ExploreRelated resources
More Texas resources are on the way. New guides publish every week.
Common questions
Not necessarily. Property is valued for the highest and best use it could lawfully be put to, not only the use it has today.
Route is frequently negotiable, particularly early. A strip along a boundary usually does far less damage than one across the middle.
Cleared corridors, maintenance roads and access rights all affect recreational value, and that shows in the after figure.
Ordinary use is often permitted, while building, tree planting and storage usually are not. The easement terms decide it.
Next step
Consider what the corridor forecloses, not only what it occupies.