Price check flood land

[etxranch]

Neighbor is selling his 7 acres, all flood with river running through, about 2 acres is a powerline easement. Hunting is alright but no huge buck. Located in East Texas near Commerce.

How much is flood land these days? Bonus if you can share a link of recently sold flood land around here. Appreciate the help!

[BTLowry]

Not much if it is unusable but worth all the current owner can get too

Is there a high corner or front end that you could build on?

[White Falcon]

Duck haven.

[etxranch]

Not much if it is unusable but worth all the current owner can get too

Is there a high corner or front end that you could build on?

No, whole place is underwater when raining hard

[Bear82]

Being only 7 acres they will probably want a premium if it has legal access.

[Big pig]

Interesting. Will follow along

Are you buying or selling?

BP

[ken800]

I passed on 150 acres that was similar. The only use was farming it. You can't build up an area without a study that is government approved so it is cost-prohibitive. I would personally look for something else since it has no high area where you could at least part a camper or put a tiny cabin.

[dmk]

You said a neighbor. If you already have a house or something on your property, building a high spot's not an issue. If cheap enough and you have a use for it I'd say go for it. Just plan on building floating feeders and stuff for bad times or a plan to be able to move any animals when the rains come. But it would have to be cheap for me.

[southtx]

Land is land. It will always be worth something to someone. I own property in a flood plain. I would not be selling it cheap or giving it away because it is in a flood plain.

[Low Fence]

With a duck blind, reguardless of if there are birds ever there $100k

[sharpstick35]

just because you can't build doesn't mean its worthless. If the price was right I would get it and plant food plots on it, instead of feeders.

[Mountaineer]

pm sent

[Farmdog]

I bet be would be happy with 100k but start way lower

[BrianL]

IMO....$7-$10K/ac

[tdwinklr]

in 2018, I bought 35 ac. 1/3 of it is flood plain, the front is FM road access but that is the only access. Creek runs through the middle of it.
Then I paid about $130K for it, say $3700/ac. and the current assessment hasn't risen that much.
So total flood property, I would definitely pay LESS than that for it.