29.06.2013 Views

Commercial real estate shifts northwest with residential growth

Commercial real estate shifts northwest with residential growth

Commercial real estate shifts northwest with residential growth

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

14 | July 2010 Community Impact Newspaper • Northwest Houston Edition<br />

Agriculture<br />

of market value and production<br />

value on the land, times 7 percent,<br />

CONTINUED FROM | 1<br />

for the previous five years it was<br />

under special evaluation.<br />

land values in the area skyrocket, For example, Underwood said<br />

facing landowners <strong>with</strong> the deci- if he owned 100 acres and sold<br />

sion to sell or continue farming. 50 to a developer, but kept cattle<br />

“Sometimes people can’t afford on his half while the developer<br />

to not sell off some of their land,” began building an apartment<br />

Underwood said. “Land values complex, the developer was the<br />

could range from $20,000 to one to take that land out of agri-<br />

$40,000 per acre.”<br />

culture and would have to pay the<br />

Underwood said a lot of the rollback taxes.<br />

time landowners split large prop- “Most people know about this<br />

erties into smaller tracts of 15 to law and will negotiate a deal,” he<br />

20 acres and sell them off little by said. “But there have been times<br />

little.<br />

where I’ve had to deal <strong>with</strong> up to<br />

“Right now a large percent of a quarter of a million dollars in<br />

the land in agriculture is owned rollback taxes.”<br />

by investors,” Underwood said. Urbanizing agriculture<br />

“Most are keeping the land as is Though the number of acres<br />

until they are ready to develop used for agriculture is declining<br />

it because taking the land out of rapidly, the county recognizes<br />

agriculture can get expensive.” the land will continue to be used<br />

When land is used for agricul- for production purposes. Because<br />

tural purposes—cattle produc- of this, the county wants to edution,<br />

timber, wildlife managecate local farmers on adapting to<br />

ment, cropland and more—the the urbanization.<br />

landowner pays taxes on the “Some of these smaller tracts<br />

production value rather than the of land are being sold to people<br />

market value. This production is tired of living in the city,” said<br />

monitored by HCAD and is called Jeff Koch, Harris County Texas<br />

a special evaluation appraisal. AgriLife extension agent for agri-<br />

If that land is then taken out culture and natural recourses.<br />

of agriculture, the legal owner at “They may want to move out into<br />

the time must pay the difference the country and own a piece of<br />

Coldwell Banker United, Realtors®<br />

Houston’s Leader in<br />

Closed transactions*<br />

www.expectmoretoday.com<br />

Cy-Fair Office<br />

23800 NW Freeway #101<br />

Cypress, TX 77429<br />

Phone: 281.304.5900<br />

Fax: 281.304.5999<br />

* Houston Business Journal June, 25 2010<br />

land; that is where we come in.”<br />

The extension agency developed<br />

an urban rancher program,<br />

started in 2005, that offers support<br />

and instructional information<br />

to current landowners and<br />

new-to-ranching participants.<br />

During the 13-week class, participants<br />

learn about land laws,<br />

farm equipment safety, herd<br />

health, fence building and more.<br />

“People are able to get their<br />

hands dirty and learn what it<br />

takes to run a small ranch,” Koch<br />

said. “We try to give them a good,<br />

sound foundation on how to<br />

make decisions for their properties.”<br />

Rural vs. urban<br />

As an area of land founded<br />

upon agriculture by German<br />

settlers in the 1800s, the landscape<br />

continues to become more<br />

urbanized.<br />

Today, nearly 30 percent of the<br />

land in Harris County is used for<br />

agriculture, according to HCAD.<br />

“Go out and ride on any back<br />

road in the area,” Underwood<br />

said. “The land is still here for<br />

now. It is being produced and<br />

used, and I think that surprises a<br />

lot of people.”<br />

Comment at more.impactnews.com/9036<br />

Betsy Ellison Keeping the old west alive<br />

Built about 65 years after Warren Ranch was established, this barn sits in the middle of the<br />

ranch headquarters bearing its historic name.<br />

Not only is Warren Ranch the largest working ranch in Harris County,<br />

it is also the oldest, dating back to the 1860s.<br />

With about 6,400 acres, historically it was known for rice farming.<br />

Today the ranch is owned by members of the Warren family and the<br />

Katy Prairie Conservancy, a not-for-profit organization working to<br />

preserve land for farming and ranching in the Houston area.<br />

Wesley Newman, manager at Warren Ranch and land manager<br />

for KPC, said it is important to keep the ranch land away from<br />

urbanization because it is very diverse in wildlife and agricultural<br />

entities.<br />

“Part of what makes this place so neat,” he said, “is you wouldn’t<br />

think you are just 10 minutes from a major subdivision. You get out<br />

here and for the most part it’s quiet. You are in the country, and it<br />

should stay that way. We don’t<br />

Mound Rd.<br />

have to pave over everything.”<br />

The ranch includes about 400<br />

Warren<br />

Lake<br />

head of cattle, 275 acres of hay<br />

and a 150-acre lake. Also, land is<br />

leased for farming corn and the<br />

various hunting seasons.<br />

Jack Rd.<br />

Read more about KPC<br />

more.impactnews.com/5884 15025 Warren Ranch Road, Hockley<br />

FREE GIFT<br />

Join the Only Wine Club <strong>with</strong> a Club House<br />

Warren<br />

Ranch Rd.<br />

N<br />

Wine Club • Wine Accessories & Gifts<br />

Wine Sales • Tastings • Tasting Room • Custom Gift Baskets<br />

Be sure to add wine to your<br />

emergency supply list<br />

stock up today!<br />

Receive a Free Gift when you<br />

join our exclusive Wine Club<br />

Taste the good life all year long!<br />

12361 Barker k Cypress #900 • 281-758-3560<br />

Located behind HEB. In front of Coles Crossing<br />

www.winestyles.net/cypress<br />

Katy Hockley Rd.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!