Texas mitigation credits
A monthly snapshot of Texas's mitigation banking market — wetland, stream, species credits — built on federal RIBITS bank, ledger, and service-area data.
Texas mitigation credit supply loosening across all types
Supply conditions in Texas loosened across wetland, stream, and species credits over the trailing twelve months. Stream credits dominate available inventory by a wide margin, while species credits remain the scarcest category. Releases outpaced withdrawals in each type, adding to available supply.
Species credits show the tightest balance despite the loosening trend, with withdrawals absorbing a large share of releases. Wetland and stream inventories carry deeper buffers relative to recent activity.
- All three credit types trended toward looser supply over the trailing twelve months.
- Stream credits concentrate the vast majority of available inventory.
- Species credits remain the thinnest category and show the highest withdrawal share.
Generated from 1 data sources and reviewed before publication. Figures reflect the September 2026 lookback and are illustrative in this preview.
The market by credit type
Each credit type trades on its own supply-and-demand curve — figures are never summed across types. Availability is the current statewide balance; TTM = trailing twelve months.
| Credit type | Available | Released · TTM | Withdrawn · TTM | Trend |
|---|---|---|---|---|
| Wetland | 21,849 | 2,363 | 234 | Loosening |
| Stream | 550,596 | 20,078 | 9,775 | Loosening |
| Species | 3,829 | 2,577 | 1,514 | Loosening |
Activity over time
Quarterly releases and withdrawals, and the running available balance, for each credit type — the state-level view of what MitigationDesk shows on each bank profile. Trend runs 2024 Q2 → 2026 Q3.
Wetland
Stream
Species
Largest transactions
The biggest credit releases and sales in September 2026, by credit type.
Largest releases · Wetland
| Bank | Sponsor | Released | Date |
|---|---|---|---|
| Graham Creek - SWF | 27 | Sep 4 | |
| Graham Creek - SWF | 25 | Sep 4 | |
| Graham Creek - SWF | 24 | Sep 4 | |
| Beacon Place (TXRAM 1.0) | 7 | Sep 9 |
Largest sales · Wetland
| Bank | Buyer / permittee | Sold | Date |
|---|---|---|---|
| Hollis Marsh | The Sabine River Authority of Texas | 1 | Sep 1 |
| Hollis Marsh | The Sabine River Authority of Texas | 1 | Sep 1 |
| Hollis Marsh | The Sabine River Authority of Texas | 0 | Sep 1 |
| Burleson Wetlands Mitigation Bank (TXRAM 1.0 Bank) | Phoenix Gas Pipeline COmpany | 0 | Sep 11 |
| Bunker Sands Mitigation Bank | Ashton Dallas Residential, LLC | 0 | Sep 17 |
| Burleson Wetlands Mitigation Bank (TXRAM 1.0 Bank) | Phoenix Gas Pipeline COmpany | 0 | Sep 11 |
Largest releases · Stream
| Bank | Sponsor | Released | Date |
|---|---|---|---|
| Beacon Place (TXRAM 1.0) | 4,822 | Sep 9 | |
| Graham Creek - SWF | 4,328 | Sep 4 | |
| Graham Creek - SWF | 2,606 | Sep 4 | |
| Graham Creek - SWF | 1,221 | Sep 4 | |
| Beacon Place (TXRAM 1.0) | 820 | Sep 9 | |
| Graham Creek - SWF | 409 | Sep 4 |
Largest sales · Stream
| Bank | Buyer / permittee | Sold | Date |
|---|---|---|---|
| Burleson Wetlands Mitigation Bank (TXRAM 1.0 Bank) | Texas Department of Transportation - Atlanta District | 207 | Sep 2 |
| Burleson Wetlands Mitigation Bank (TXRAM 1.0 Bank) | Texas Department of Transportation - Atlanta District | 85 | Sep 2 |
Largest releases · Species
| Bank | Sponsor | Released | Date |
|---|---|---|---|
| Griffith League Ranch Conservation Bank | 500 | Sep 9 |
Largest sales · Species
| Bank | Buyer / permittee | Sold | Date |
|---|---|---|---|
| Griffith League Ranch Conservation Bank | Mustang Express Pipeline LLC | 272 | Sep 29 |
| Camp Wood Conservation Bank | Grand Prix Pipeline LLC | 236 | Sep 10 |
| Bandera Corridor Conservation Bank | SEP-HCP | 71 | Sep 10 |
| Hickory Ridge (2012) Conservation Bank | Williamson County RHCP | 8 | Sep 21 |
Aggregated from publicly disclosed RIBITS/DEQ ledger transactions for the period. Buyers are named where the transaction is a matter of public record.
How to buy mitigation credits in Texas
If your project impacts a regulated resource in Texas, you'll typically need to offset that impact by purchasing compensatory mitigation credits. Which bank you can buy from is determined by service area — a bank is generally approved to sell only to impacts inside its watershed (HUC), so geography comes first.
For federal Clean Water Act §404 impacts, wetland and stream credits are tracked in the U.S. Army Corps of Engineers' RIBITS system.
The practical steps: (1) confirm your impact type and quantity, (2) identify the HUC your impact falls in, (3) find banks whose service area covers that HUC with the right credit type available, and (4) contact the bank sponsor for a price and reservation. MitigationDesk collapses steps 2–4 into a single search.
See the banks that can service your project — with live availability, status, and the sales contact.
Find TX credits → How credit trading works →Texas mitigation credits — FAQ
How many mitigation banks serve Texas?
As of the latest snapshot, roughly 104 mitigation banks have service areas covering part of Texas, spanning every status including ILF programs and inactive banks. Of those, 99 are approved and active.
What types of mitigation credits are available in Texas?
Texas banks offer wetland, stream, and species credits. Each credit type trades on its own supply-and-demand curve and is never interchangeable with another — a stream credit can't offset a wetland impact.
Does Texas have species mitigation credits?
Yes. Texas has mitigation banks offering species credits. Availability is driven by service area, so which specific banks can serve a given project depends on the project's watershed (HUC).
Who regulates mitigation credits in Texas?
Mitigation credits in Texas (wetland, stream, and species) are tracked by the U.S. Army Corps of Engineers through RIBITS (the Regulatory In-lieu fee and Bank Information Tracking System), which records every bank's ledger and service area.
How much do mitigation credits cost in Texas?
Mitigation credit prices are not public and vary by credit type, local availability, and service area — a scarce credit type in a thinly-supplied watershed commands more than an abundant one. Prices come from the bank sponsor directly. MitigationDesk surfaces the sponsor and sales contact for every Texas bank so you can request a quote.
See live availability for your project.
These pages summarize the market. The app shows you the specific banks that can service your site — with real-time balances, status, and the sales contact.