THEFT PROP >=$300KTexas Penal Code (PC) § 31.03(e)(7)
“THEFT PROP >=$300K” stands for Theft Property at least $300K, a first-degree felony under Texas Penal Code (PC) § 31.03(e)(7). It is punishable by 5 to 99 years or life in prison and a fine up to $10,000.
Below: how these cases end in Texas courts, how long they take, and the punishment.
What does “THEFT PROP >=$300K” mean?
“THEFT PROP >=$300K” stands for Theft Property at least $300K, a first-degree felony under Texas PC § 31.03(e)(7).
Texas Penal Code § 31.03 defines theft as unlawfully appropriating property with intent to deprive the owner of it, whether by taking it without the owner's effective consent or by acquiring property the actor knows was stolen by another. Section 31.03(e)(7) sets the highest value bracket: when the value of the property stolen is $300,000 or more, the offense is a first-degree felony. The conduct element is identical to every other theft grade; what distinguishes this charge is solely the amount the State must prove. Value is generally fair market value at the time and place of the offense or, when that cannot be ascertained, the cost of replacing the property within a reasonable time, and amounts obtained in one scheme or continuing course of conduct may be aggregated into a single offense to reach the threshold. The next bracket down, $150,000 to $300,000, is a second-degree felony.
What usually happens to a THEFT PROP >=$300K charge?
38% ended without a conviction, 28% in deferred adjudication and 32% in a conviction.
How 72 resolved THEFT PROP >=$300K charges filed 2019–2023 ended, across 10 counties (Brazoria, Collin, Comal, Dallas, FortBend, Galveston, Hays, Montgomery, Rockwall, Williamson):
Outcome is the final disposition recorded on the charge. “Other” (2) covers waived counts, bond forfeitures, transfers and unrecorded outcomes. Bexar County records disposition dates but not outcomes, so it counts toward time-to-disposition only. Tarrant County criminal records are not in this dataset.
How long does a THEFT PROP >=$300K case take to resolve?
Typically about 14 months: half of resolved cases closed within 412 days of filing.
Across 72 resolved THEFT PROP >=$300K charges filed 2019–2023, the median time from filing to disposition was 412 days. The middle half took between 231 and 691 days.
Time depends on the county's docket, whether the case is set for trial, and plea negotiations.
How did real THEFT PROP >=$300K cases end?
Individual cases from the public court record, with the disposition and sentence text exactly as the clerk entered it. Every case is decided on its own facts.
Ended without a conviction
Deferred adjudication
Ended in a conviction
What is the punishment for Theft Property at least $300K in Texas?
5 to 99 years or life in prison and a fine up to $10,000.
| Charged as | Possible confinement | Fine | Source |
|---|---|---|---|
| First-degree felony | 5 to 99 years or life in prison (TDCJ) | Fine up to $10,000 | Penal Code § 12.32 |
Ranges are the statutory maximums for the level; enhancements, prior convictions and plea agreements change what is actually imposed.
How much is bail for THEFT PROP >=$300K in Texas?
The median bail is $47,500, and 4% of defendants were released on a personal bond.
Across 915 Texas bail settings for this charge (6 counties, Apr 2022 – Jun 2025), the median cash or surety bond was $47,500 (middle half: $15,000 – $100,000). 4% of defendants were released on a personal bond, and bail was denied in 169 cases. When this was the only charge at booking (268 records), the median was $50,000 and 7% got a personal bond.
| County | Records | Median cash bail | Middle half | Personal bond | Denied |
|---|---|---|---|---|---|
| Fort Bend | 135 | $25,000 | $20,000 – $70,000 | 0% | 68% |
| Tarrant | 100 | $18,000 | $5,000 – $50,000 | 0% | 17% |
| Dallas | 79 | $50,000 | $18,750 – $100,000 | 0% | 4% |
| Collin | 60 | $87,500 | $50,000 – $500,000 | 0% | 3% |
| Harris | 59 | $40,000 | $22,500 – $87,500 | 27% | 0% |
Showing the 5 counties with the most records; use the selector for any county with at least 30. Per-charge bond settings on original magistrations, from Texas OCA bail reporting under SB 6. Bail is set case by case — these are statistics, not a prediction.
Charged with THEFT PROP >=$300K?
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Find a Defense AttorneyBail data: Texas Office of Court Administration magistration reports (SB 6), Apr 2022 – Jun 2025. Court outcomes: county district and county clerk records. Statistics describe past cases and are not legal advice; every case is decided on its own facts.