The neighborhood is going to have a lot to do with if this has an impact on your property values.
If your area is heavily populated this will not have any affect. If you are in an area where mose of the homes are water, greenbelt or golf lots and you have a gas station - well maybe. In some neighborhoods the gas station may well be a plus.

If you truly feel you were misled as to use, prehaps the Homeowners ,D.R.Horton and the Service Station owner can all get togeather ans share the cost of a higher attractive cement fence.

Lynn 911 is correct, it is too late to help you and your neighbors but it is not wise to buy ajacent to property with unknown future use. I deal in some Commericial Real Estate and Light Retail could cover a lot in my area. It just means the lot was too small for a Wal-Mart. At least you don't have a Tire Shop or Bar in the back yard.

Sat May 10 2008, 05:39

It would really depend on what part of town you are talking about. what neighborhood are talking about? it more than likely not really affect the value, but I will likely affect the marketablilty of those homes for future sales.

Wed May 7 2008, 20:53

Well, that would depend on a lot of issues. That is hard to say. It may not be as bad as you think, there are now a lot of neighborhoods with convenience stores close by that do not seem to be affected much. Was the property vacant land before? If so, do you know how it was zoned? Has it been vacant for years? What neighborhood do you live in? Is the station going to back up to your property? Would love to help!
Sheri Mitchell, Broker
Southern Exposure Realtors
www.SouthernExpsoureRealtors.com
512-413-5245
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Wed May 7 2008, 18:52

In response to Lynn 911.The DR Horton salesperson told us light retail maybe, but because of watershed issues they didn't think anything would get approved. They are supposedly putting up a 6 foot fence. Not nearly high enough to block visual or noise or idling car emmissions.

Wed May 7 2008, 18:47

That is unclear are they installing a retaining wall to protect the homeowners from commercial site. That is one reason I recommend for any my clients never purchase close to vacant property or to check with the zoning committee SORRY to hear what happened.

Wed May 7 2008, 18:20