CORPUS CHRISTI, Texas — Falling water levels at Lake Corpus Christi are reshaping more than the shoreline. They are beginning to drag down property values in surrounding communities.
What used to be a short walk to the water from her home is now a much longer distance for Indian Point resident and realtor Sabra Herschap. She says the lack of water is directly impacting demand for lakefront homes.
“ The beauty of living on the Lake is the water, and that’s the number one factor why people buy out here, and as you can see, we’re not going to get a lot of buyers with the water. This is considered two water lots, and I’ve seen the water of course, all the way up to our bulkhead right here, and it has not been this low since I believe 1958.”…