Corner Agricultural Land with Oil
For Sale
$1,100,000
00 Veterans Memorial Drive, Houston, TX 77038
Corner farmland with measured frontage and existing active oil and gas production, plus reserved mineral rights.
Property SizeContact for details
Lot Size46.60 Acres
Days on Market50
Property Features for 00 Veterans Memorial Drive
General Information
Standard status
Active
Lot size
46.60 Acres
Property subtype
Land or Vacant Lot
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$89
Amenities
Level
Listing Agency:
BERKSHIRE HATHAWAY HOMESERVICES PREMIER PROPERTIES
(281) 997-4000
Listed By:
DON ROPER
Source:
Corcoran
Added: Jun 23
Changed: Aug 10
Last Checked: Aug 10 at 4:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BERKSHIRE HATHAWAY HOMESERVICES PREMIER PROPERTIES
Investment Insights
Based on property information with market context.
The property consists of surveyed 46.6 acres with 902 feet of frontage on Veterans Memorial. It is a family-owned parcel currently used for cattle grazing under an annual-renewing grazing lease with a tenant. In addition to the agricultural use, there is some active oil and gas production on-site. The oil and gas production is operated by a local production company, and the seller has reserved the oil and gas rights.
The corner location is at Veterans Memorial and Blue Bell Road. The listing notes that the parcel is subject to an active grazing arrangement that renews annually.
This offering may suit buyers looking for agricultural land with established grazing use and the presence of active oil and gas production. Because the seller has reserved the oil and gas rights, buyers should review the mineral rights arrangement and the grazing lease terms as part of their due diligence. The combination of frontage, corner access, and existing on-property production supports a variety of land-banking and operational considerations.
The corner location is at Veterans Memorial and Blue Bell Road. The listing notes that the parcel is subject to an active grazing arrangement that renews annually.
This offering may suit buyers looking for agricultural land with established grazing use and the presence of active oil and gas production. Because the seller has reserved the oil and gas rights, buyers should review the mineral rights arrangement and the grazing lease terms as part of their due diligence. The combination of frontage, corner access, and existing on-property production supports a variety of land-banking and operational considerations.
Key Highlights
- 46.6‑acre corner tract with 902 ft of frontage on Veterans Memorial
- Corner location at Veterans Memorial and Blue Bell Road
- Ag exemption with cattle grazing by a tenant for many years
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
279
Businesses Nearby
Explore this area
Business Placement
Demographics for 77038, TX
30,483
Population
9,134
Households
3.3
Avg Household Size
31
Median Age
12%
College-Educated
65%
High-School Grad
9.7 sq mi
ZIP Area
3,143
Density / Sq Mi
$50,655
Median Household Income
$31,662
Median Earnings
$1,248
Median Rent
$173,500
Median Home Value
Market
Vacancy Rate% for Industrial in Houston, TX
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Corner farmland with measured frontage and existing active oil and gas production, plus reserved mineral rights.
Where is this agricultural land / farmland located?
The property is located at 00 Veterans Memorial Drive Houston, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 46.6‑acre corner tract with 902 ft of frontage on Veterans Memorial; Corner location at Veterans Memorial and Blue Bell Road; Ag exemption with cattle grazing by a tenant for many years
