Tigner Ranch - 658 Acres South of Sienna Plantation

[ChannelTwoNews]

"The property south of Johnson Development Corp.’s master-planned community Sienna is located off Miller Road and is bordered by the Brazos River to the west. Compass said the property had been on and off the market for about six years before it took over the listing last December and specifically marketed it in the undeveloped ranch sales market.

The ranch sold for nearly $8.1 million to a group of Houston investors after being listed for just under $8.9 million.

The property is fully fenced for cattle and is used for hay production. There are no structures on the land, which qualifies for an agricultural exemption, meaning its property taxes are calculated based on its productive agricultural value, as opposed to the land’s market value."

 

[strickn]

$12,000 an acre for 658 acres is not that much in this day and age.  It would cost hundreds of thousands an acre to try to clear the bottomland floodplain oak-ash-elm-pecan forest, to drain it and put in streets and electricity for subdivisions like Sienna.  Probably that's why the price is so low, because it has no more market value unless you are buying it with some way to clear that very high hurdle.
 

How much would they charge to sell to TPWD, I wonder, so that both this -- and an eventual reforestation of the multiple publicly owned prison farms south of this -- could be added to Brazos Bend State Park?

Edited October 3, 2023 by strickn