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American City Dwellers Heading to Rural Areas to Escape Covid-19.

2166 County Rd 212 in Hallettsville comprises 71 acres with a cabin and is 92 miles from downtown Austin and just over 1oo miles from Houston.

By Troy Corman, t2ranches.com

There are reports that US citizens are heading to small towns and remote areas to ride out the Covid-19 quarantine.  Many well-to-do Americans have retreated to second homes or ranch properties to escape the more prevalent cases of Covid-19 in America’s major and most populated metros.

But this isn’t just happening with the wealthy.  There is also increased interest in rural properties, particularly in smaller 10-acre to 20-acre tracts, as those that don’t have a rural abode, are now considering the immediate benefits, in case the virus lingers or rebounds in the fall.

I spoke to a lender with Texas Farm Credit, who said that their division that caters to buyers looking for financing for small land tracts is overwhelmed with new loan applications.  In some instances, it’s taking two days just to have the time to return prospective buyers’ phone calls.

The recent collapse in oil prices is also likely to have an impact on rural land sales.  Those in the oil industry are facing layoffs, or 50% salary reductions and may be looking to shed second homes and recreational property for greenbacks.  The oil price collapse is likely to have a larger impact on rural land sales outside of Houston, but it could have an effect, as it reportedly has on the luxury residential market, throughout Texas.

If you are looking for land, ranches or ranchettes, visit our website at t2ranches.com, where you can search for farm and ranch properties outside of Austin, Houston and Dallas – Fort Worth.  You can also set up custom searches and save your favorite properties.  If you have any questions or need any help, feel free to reach me at 832-759-1523, 214-690-9682 or troy@t2ranches.com.

Posted in: Ranch Investing Tagged: 000 in Texas, 2166 CR 212 Hallettsville TX, Capital Farm Credit reporting big demand for Texas rural properties during Covid-19, effects of Covid-19 on rural land sales, land for sale in Lavaca county TX, land for sale under $500, land with cabin for sale in Texas, rural land for sale near Austin TX, rural land for sale near Houston

Unlikely Allies Are Fighting The Proposed Kinder Morgan Permian Highway Pipeline

 

Kinder Morgan Permian Basin Highway
This is believed to be the proposed route of Kinder Morgan gas pipeline, known as the Kinder Morgan Permian Basin Highway

Conservative-leaning city governments and environmentalists are united in their opposition of the proposed route of pipeline giant Kinder Morgan’s 430-mile (690-kilometer), $2 billion natural gas expressway.

Known as the Kinder Morgan Permian Highway, the pipeline is designed to collect the natural gas that is captured when drilling for oil in the Permian Basin.  A natural byproduct of oil drilling, currently the natural gas captured in the Permian, is often just burned off, a process known as flaring.

Many Ranchers and land owners in central Texas are up in arms over the proposed route of the 430-mile, $2 billion pipeline.  If completed, the pipeline will deliver up to 2 billion cubic feet (56.6 million cubic meters) of natural gas — enough to fuel 31,500 homes for one day –as it passes through 16 Texas counties.  Some of which would pass through beautiful Texas hill country land, including just south of Fredericksburg, and just north of Blanco, Texas. View the interactive map of the Kinder Morgan Permian Pipeliine here.

Opponents of the route have pointed to the potential contamination of the region’s porous Edwards Aquifer, the impact it would have on an environmentally sensitive area, and the lack of public engagement and oversight in the routing process.

Electric, telephone and water utilities must follow rules from the Texas Public Utility Commission.  However, oil and gas companies do not need to seek the approval of the Texas Railroad Commission or affected municipalities for their proposed route. They also have no formal public process to hear from affected landowners.

Landowners in the pipeline’s path and their compadres opposing the proposed path, have held town halls, formed grassroots community campaigns, and lodged lawsuits against Kinder Morgan, as Kinder Morgan has exercised eminent domain to secure land along the proposed path.

A judge has ruled in favor of the Houston-based company in one legal challenge attempting to block the project on grounds that the Texas Railroad Commission doesn’t provide enough state oversight or regulation.  That ruling is currently being appealed.

There is also concern that Kinder Morgan’s success would set a precedent for other companies interested in building conduits through the Hill Country, said Chuck Lesniak, who serves on an advisory committee for the U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration.

“I do know that the industry is paying attention to this project, and the legal issues, because from a legal standpoint, if this goes south on Kinder Morgan, it has enormous impacts on other pipeline projects proposed for Texas,” Lesniak said.

It appears that according to this unofficial interactive map of the Permian Highway, that the route will go through a good stretch of Lavaca County.

If you’re interested in buying or selling land in Lavaca County in Texas, contact Troy Corman at 832-759-1523.

19651 Farm To Market 530 $1,140,000

19651 Farm to Market 530 Hallettsville, Texas

3 Beds 2 Baths 1,605 SqFt 94.68 Acres

1162 County Road 234B $1,795,000

1162 County Road 234b Hallettsville, Texas

2,400 SqFt 121.5 Acres

11610 E State Hwy 111 $729,600

11610 E State Hwy 111 Yoakum, Texas

76.8 Acres

33.619 Acres Private Road 4007 $437,047

33.619 Acres Private Road 4007 Yoakum, Texas

33.619 Acres

13138 Fm-957 $120,000

13138 Fm-957 Schulenburg, Texas

3.13 Acres

2248 Us Highway 77A $575,000

2248 US Highway 77a Yoakum, Texas

3 Beds 2.1 Baths 2,924 SqFt 7.2 Acres

7755 Fm 1295 $1,089,000

7755 Fm 1295 Moulton, Texas

3 Beds 2.1 Baths 3,760 SqFt 37.762 Acres

3814 County Road 19 $6,350,000

3814 County Road 19 Hallettsville, Texas

2 Baths 604.93 Acres

0 Fm-1891 $349,900

Fm-1891 Shiner, Texas

21.907 Acres

TBD Fm 3283 $295,000

TBD FM 3283 Hallettsville, Texas

19.36 Acres

00 County Road 120 $200,000

00 County Road 120 Hallettsville, Texas

10 Acres

381 County Road 291 $585,000

381 County Road 291 Shiner, Texas

3 Beds 2.1 Baths 2,180 SqFt 17 Acres

12446 Fm 531 $195,000

12446 Fm 531 Hallettsville, Texas

3 Beds 2 Baths 1,808 SqFt 3.308 Acres

560 County Road 383 $419,900

560 County Road 383 Hallettsville, Texas

2 Beds 2 Baths 1,572 SqFt 10 Acres

193 Cr 261 $1,499,000

193 CR 261 Moulton, Texas

4 Beds 2 Baths 2,240 SqFt 74.448 Acres

 

Posted in: Blog, Lavaca County Tagged: interactive map of Kinder Morgan Permian Pipeline, Kinder Morgan Permian Basin Highway, Kinder Morgan Permian Highway Pipeline, land for sale in Lavaca county TX, Permian Highway Pipeline, where will kinder morgan permian highway go through lavaca county

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832-759-1523
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