In 2017 Hurricane Harvey’s devastating impact on the Greater Gulf Coast brought to light many of our state’s failing infrastructure needs. Furthermore, Texas has seen unprecedented flooding across all regions in recent years, including West Texas, the Panhandle, and the Hill Country.

Beyond flood mitigation, water infrastructure updates are overdue throughout the state, and failure to address those issues could negatively impact our water supply.

What does this mean for the real estate industry?
The Texas Water Development Board reminds us that “anywhere it rain in Texas, it can flood,” and estimates that coastal and riverine flooding combined are expected to cause more than $6.87 billion in property losses over the next five years.1

Property owners need assurances that they are as safe as possible from floodwaters. And if disaster does hit, property owners need efficient and affordable insurance and access to contractors and other skilled workers.

Landowners must also be able to rely on secure private-property rights to ensure water availability as the state works on management plans and conservation goals.

A report from the Governor’s Commission to Rebuild Texas, appointed by Gov. Greg Abbott to document Hurricane Harvey’s effect on Texas and make recommendations for future preparedness, determined that Hurricane Harvey damaged or destroyed more than 200,000 structures.2 Many property owners faced challenges when rebuilding, such as lack of insurance affecting their ability to secure financing, worker shortages, and inconsistent or confusing regulations.2

The Texas REALTOR® position
Our association supports the development and implementation of a broad range of flood mitigation technologies, such as flood warning systems, improved levies, and innovation in construction techniques.

In addition, our association supports a more streamlined permitting and amendments process for water projects through the Texas Commission on Environmental Quality.

Legislative outlook
In 2019, legislators will make hurricane relief a high priority. Discussions regarding funding, including use of the Rainy Day Fund, have been in progress since Harvey hit in August 2017.

Going a step further, lawmakers will have significant interest in legislation that will help update our aging infrastructure and do what is possible to mitigate future flood damage.

With that comes the prioritization of clear and consistent water rights, including streamlined permitting and amendment process for water projects that are handled by the Texas Commission on Environmental Quality.

Historical perspective
In December 2018, the Texas Water Development Board released its State Flood Assessment for the 86th Texas Legislature. The report proposes strategies to prepare for future floods, such as improved flood modeling and mapping and coordinated watershed-based planning. The report estimates the state needs up to $36 billion for flood mitigation. The report points out that Texas has never conducted a statewide assessment of flood risks and needs.

In November 2013, Texas voters approved Proposition 6 by a 3:1 margin. This amendment authorized the transfer of $2 billion to the State Water Implementation Fund for Texas (SWIFT) and the State Water Implementation Revenue Fund for Texas (SWIRFT). These funds enable cities, counties, and water districts to apply for low-interest loans for water projects that align with the state water plan.

In November 2014, TWDB approved rules that open the door for those local entities to begin accessing those dollars.


1 State Flood Assessment, Report to the 86th Texas Legislature, Texas Water Development Board, January 2019.


2 Eye of the Storm, Report of the Governor’s Commission to Rebuild Texas