Studies have shown that homes and ranches within five miles of a quarry or gravel pit lose up to 20 percent of their market value.1,2 This includes properties within the city limits of Bulverde as well as unincorporated areas with New Braunfels, Garden Ridge, Spring Branch, and Canyon Lake addresses.
The properties surrounding the proposed Vulcan quarry site consist primarily of homes, ranches, and other buildings related to residential use—not industrial facilities. ZIP Codes in this area include 78163, 78132, 78070, 78133, and 78266. Over 12,000 people live in the immediate area and numerous subdivisions are located within five miles of the site:
Shearer Road and the Forks
Rim Rock Ranch
Dawn View Acres & Misty Hills
Smokey Mountain Ranch
Ridgeview Oaks East
Seven Hills Ranch
Comal Country Estates
Sun Valley Village
Bear Creek Hills
Impact on Property Values
Many residents have lived here for decades—and chose this area to avoid living near heavy industrial activity. Moreover, homeowners new to this part of Comal County certainly didn’t anticipate living near a quarry or suffering from the carcinogenic particulate matter emitted by all quarries. This is a residential area—and the homeowners and ranchers were here first.
51 unique properties share a fence line with the Vulcan Materials quarry site. Total appraised value of these properties is $11,186,855.
Within 2 Miles
243 properties are located within two miles of the initial quarry blasting site. Total appraised value of these properties is $116,314,492.
Within 5 Miles
6364 properties are located within five miles of the initial quarry blasting site. Total appraised value of these properties is $1.7 billion.
A estimated decline in market value of properties located within a five-mile radius of the quarry site3,4 represents a loss of over $100 million. Comal County, Comal ISD, and emergency services districts will actually face a net loss of approximately $2,000,000 dollars in property tax revenue per year. (Property value data is based on Comal Appraisal District assessment of property values, September 2017.)