Compensation Discrepancies

Let’s take a look at two eminent domain situations in Texas and the differences between what property owners/the market value of property is vs. what Govermental entities are willing to pay.

San Antonio Bar Owner v. San Antonio & The Alamo. The owner market value is at $17 million. San Antonio is offering $3.5 million.

The Operators of the Austin Airport were awarded $90 million by special commissioners, that is 46 times the amount the cCity of Austin offered.

Real Clear Markets | A Potential Bar Seizure In Texas Calls for Revisiting Eminent Domain

KUT | Austin ordered to pay South Terminal operator $90 million in eminent domain fight at ABIA