Houston Unlimited, Inc. Metal Processing v. Mel Acres Ranch

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• explaining that reliance on insufficient data and unsupported assumptions, as well as analytical gaps, can render an expert's opinion conclusory and without any evidentiary value
• noting testimony that highest and best use of ranch was “rural recreational and hold for future investment”
• reversing and rendering take nothing judgment when expert diminution testimony was legally insufficient to support award
• finding damages evidence legally insufficient and reversing and rendering a take-nothing judgment in the defendant’s favor
• requiring an expert opinion to provide a basis that actually supports the expert’s conclusion
• stating that “original list price is some evidence of what a willing - 13 - 04-17-00820-CV seller will accept, but it is not evidence of what a willing buyer will pay” and does not, alone, “tend to establish the property’s market value at the time of listing.”

Source: CourtListener parenthetical corpus (CC0).