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Expansive Land Tract on FM2403
For Sale
$10,850,000

10 FM 2403, Alvin, TX 77511

198-acre tract ideal for commercial or residential development.

Property SizeContact for details
Days on Market482

Property Features for 10 FM 2403

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $44,566
Listing Agency: MIH REALTY, LLC
Listed By: BINU ALEX
Source: Corcoran
Added: May 8, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 MIH REALTY, LLC

Investment Insights

Based on property information with market context.

This expansive 198-acre tract on FM2403 Road Front presents a development opportunity in a prime location. The property features a mix of flat and gently rolling terrain, suitable for commercial or residential projects. Proximity to major highways, including I-35 and the proposed SH 99, along with a scenic creek, offers accessibility and natural surroundings. Lot dimensions are approximate. A survey and soil tests have been completed to ensure the land's quality and suitability for construction. The area’s rapid growth and nearby essential utilities enhance its appeal, offering versatility for multi-family housing, retail, or industrial development. The property's strategic location also provides potential for scenic views, depending on the design and layout, making it an excellent choice for future residents or businesses.

Key Highlights

  • Prime location with outstanding development opportunity due to proximity to FM2403 Road.
  • Ideal for commercial or residential projects due to flat and gently rolling terrain.
  • Close proximity to major highways, including I‑35 and the proposed SH 99, ensuring accessibility.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Law Firm Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

311
Businesses Nearby

Demographics for 77511, TX

51,093
Population
20,499
Households
2.5
Avg Household Size
37
Median Age
19%
College-Educated
83%
High-School Grad
150.1 sq mi
ZIP Area
340
Density / Sq Mi
$77,015
Median Household Income
$43,119
Median Earnings
$1,213
Median Rent
$218,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 198-acre tract ideal for commercial or residential development.
Where is this commercial land located?
The property is located at 10 FM 2403 Alvin, TX.
What is the asking price?
The asking price for this property is $10,850,000.
What are key features of this property?
This property features: Prime location with outstanding development opportunity due to proximity to FM2403 Road.; Ideal for commercial or residential projects due to flat and gently rolling terrain.; Close proximity to major highways, including I‑35 and the proposed SH 99, ensuring accessibility.
More about this property
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