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    7438 Wright Rd Houston, TX 77041

    For Sale
    $5,000,000

    Five-acre unrestricted land parcel suitable for diverse uses.

    Property size:
    18,898 SF
    Lot size:
    5.00 Acres

    Property Features for 7438 Wright Rd

    General Information

    Size
    18,898 SF
    Lot size
    5.00 Acres

    Source: Coldwell Banker Realty Agent Kevin Schamel

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Unrestricted Land with Development Potential

    This property comprises five acres of unrestricted land, presenting a range of possibilities for residential, commercial, or agricultural applications. The site is fully fenced and features two entrances. Improvements include a main house, a guest house, a warehouse with three bays, two office buildings, storage facilities, a horse stable, a dog kennel, a dog run, and multiple covered areas. The property is equipped with five commercial septic systems and a well. City utilities are accessible but not currently connected. The new Jersey Village City Hall will be located adjacent to the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.58794
    Latitude
    29.8864

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    FAQs

    What type of property is this?
    Land - Five-acre unrestricted land parcel suitable for diverse uses.
    Where is this land located?
    The property is located at 7438 Wright Rd Houston, TX.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: - Five acres of unrestricted land suitable for residential, commercial, or agricultural use.; - Multiple structures including a main house, guest house, and warehouse with three bays.; - Fully fenced property with two entrances.
    (281) 954-1152
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    7438 Wright Rd Houston, TX 77041
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    Houston, TX 77041
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7438 Wright Rd Houston, TX 77041
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