Years ago, I inherited some land in Louisiana that seems totally useless. It’s been in my family forever, bought by an ancestor for reasons no one knows. It’s classified as brackish water marsh and is in the middle of nowhere. There’s no road access or utilities, and the closest road is across a bayou.
I found out the mineral rights were leased to an oil company in the 70s, but that lease has long expired, and they probably found nothing.
The property taxes are about $20 a year. Should I just keep paying them forever, or is there anything that can actually be done with this land?
Maybe look into making sure it’s all native species. There are grants and tax breaks for conservation. The government might pay you to keep it full of native plants.
Ash said:
Maybe look into making sure it’s all native species. There are grants and tax breaks for conservation. The government might pay you to keep it full of native plants.
There’s also a program called the Conservation Reserve Program, where the USDA might pay you to just leave it alone.
For $20 a year, I’d hold onto it. You never know what could happen in the future—weather events, river changes, or even shifts in the land that could make it worth more later on. No point in selling at the bottom, right?
I’m in Texas and my neighbor has land just like yours. She’s been working to get the records straight since they were a bit messy, but she found a buyer and they’re getting $30k for what they thought was useless land. It might be worth more than you think.
@Dara
It’s really in the middle of nowhere. The surrounding land is owned by different people, and I haven’t tried contacting them. To even get there, you’d have to cross the bayou by boat and then walk across someone else’s land. So, I’m out of ideas for what to do with it. You can’t even put up a sign because no one would see it.
@Darby
Since you pay property taxes, you’ve got a couple of contacts—tax office and appraiser’s office. Call them and chat. They might know if there’s been any sales or developments in the area. Maybe a neighbor would give you road access or something. It doesn’t hurt to ask.
For $20 a year, keep it. You’re basically holding a lottery ticket. You never know, maybe one day it’ll be worth something, or you’ll find something valuable like oil or minerals.
Don’t give up on your mineral rights yet. Louisiana has the Haynesville/Bossier Shale under a lot of it. It hasn’t been developed much yet, but there’s been talk that its time might be coming soon. Look into it, just in case.