Corner Agricultural Land with Oil
00 Veterans Memorial Drive Houston, TX 77038
00 Veterans Memorial Drive, Houston, TX, 77038
$1,100,000
For Sale
$1,100,000
Corner farmland with measured frontage and existing active oil and gas production, plus reserved mineral rights.
Lot Size46.60 Acres
Days on Market25
Property Features for 00 Veterans Memorial Drive
General Information
- Standard status
- Active
- Lot size
- 46.60 Acres
- Property subtype
- Land or Vacant Lot
Listing Agency
BERKSHIRE HATHAWAY HOMESERVICES PREMIER PROPERTIES
(281) 997-4000
Listed by
DON ROPER
Source
Corcoran
Added: Jun 23 Checked: Jul 17 at 3:28 am
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
Location Intelligence
Current Use by Public Records
Mining land & claims
Similar For Sale Nearby
FAQs
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
