Wetlands in Texas & How You Can Stand To Gain From Them!
When in the business of real estate, many a time, you may stumble upon the perfect tract of land, but with a singular flaw. Most people back away from the deal when this flaw is the property being part of wetlands. What if we tell you that this may not always be wise and that wetlands can be profitable investments when used correctly?
Texas coastal region is primarily a flat landscape, with many dips in the land left behind by regular erosions of stormwater drainage. This is thanks to the recurring flooding the region is prone to. These water bodies are not deep enough to be called a lake, nor can they be considered a wetland. According to CWA (Clean Water Act), a wetland can consist of a body of water, which include marshes, swamps, and bogs. It is defined as areas inundated or saturated by surface or groundwater at a frequency and duration sufficient to support and that, under normal circumstances, support a prevalence of vegetation typically adapted for life in saturated soil conditions. In Texas, a stormwater management code for development requires the creation of detention ponds on or off the development site when you plan to convert raw land into an impervious (development) surface that does not allow water to be absorbed into the ground. Detention and retention facilitate reduction in peak stormwater flows, a slower rate of release into county or city drainage systems and provide ample time for particulate and pollutants to settle out of the stormwater. Why is this information critical? Well, when a wetland is shallow enough, it can create an Extended Detention Pond.
A formula determines how many acre-feet will be required to contain the land's impervious (developed) part. This article by a publication from the Historic City of Franklin explains this in detail. Despite being 1/3 the size of the land, the dip needs to be extended from other parts of the land to create an ideal detention pond. Maintenance can be taken care of by the owner or, in most cases, the community with help from the city offices in providing a stock of marine products like fish, etc. When such a pond is created in a community, it is designed to retain water after each rainfall stormwater runoff, which becomes a "retention" pond. This is an added amenity in residential and commercial developments, as residents may use it for recreation via walking trails or fountains.
Technically speaking, wetlands hold value as profitable real estate investment goes. Building on such an area varies from individual tract to tract and the nature of the improvements or development. Getting in touch with a real estate expert who can advise and guide you during your investment journey is the best way forward. TC Global Commercial can help you with this and much more, so contact our team of experts for a session on profitable investment options best suited for your profile.
Industrial development on the rise in Texas real estate 2023
Real Estate Articles / Apr 04, 2023
Texas has become a place of choice for businesses because of its growing population. This growth has led to increased demand for commercial real estate development, specifically industrial development. This rise is set to continue until the end of 23
US REAL ESTATE REMAINS TOP DRAW FOR FOREIGN INVESTORS
Real Estate Articles / Mar 02, 2019
The US continues to be the world\'s leading recipient of cross-border capital, and it has no plans of slowing down. During the first half of 2017 the United States attracted 19.8 billion U.S dollars from foreign investors.
Why Invest In Retail Properties?
Real Estate Articles / Mar 09, 2019
Are you considering investing in commercial real estate? Not exactly sure which type of property to start with? Fret no more!
Is Your Investment Property Maximizing It's Returns Potentials
Real Estate Articles / Feb 23, 2019
Are you leaving money on the table? When it comes to your investment property you need to be earning maximum returns. After all, you aren\'t in this to give away money, am I right?
Navigating the Future of Real Estate: Trends in Houston and Beyond
Real Estate Articles / Apr 01, 2024
Exploring Real Estate Trends in Houston: Embracing Online Innovations and Smart Home Features
Why Grocery-Anchored Real Estate Does Better!
Real Estate Articles / Feb 22, 2023
Grocery-anchored shopping centers are on the rise in the retail sector. They are the best investment in commercial real estate. It is low risk and long term.
Purchasing Commercial Real Estate? Consider These 5 Things Before You Buy
Real Estate Articles / Feb 09, 2019
Whether you are a seasoned investor, or you\'re researching for your first property there is always a certain risk factor that makes us hesitate before signing the dotted line.
What REIT Means And How You Can Make Big Bucks With It!
Real Estate Articles / Feb 01, 2022
What if you were told that you could earn regular dividends from your investments without the hassles relating to buying, managing or even financing a property?
This Is How Multifamily Real Estate Can Help The Retail Sector
Real Estate Articles / Jan 31, 2023
Having a multifamily property in a retail center is beneficial for both the buyer and seller and the residents of the property. The demand for rental communities that offer combined spaces for living, working, and entertainment is on the rise.
Who Should Invest In Commercial Real Estate
Real Estate Articles / Mar 16, 2019
There are several reasons why someone would choose to invest in commercial real estate.
