Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    18108 Fm 762 Rd Needville, TX 77461

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $975,000

    19.83 acres with home, pond, and commercial opportunities.

    Lot size:
    19.83 Acres

    Property Features for 18108 Fm 762 Rd

    General Information

    Lot size
    19.83 Acres

    Building Details

    Year built
    2021

    We can help!

    Listing Contact
    Joyce Tang
    Source: Elliman

    Listing Agent: Joyce Tang

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

    Learn more

    Overview

    Needville Acreage with Development Potential

    Located in Needville, Texas, this 19.83-acre property offers a country setting with a 1,544 square foot home built in 2021. The residence includes 4 bedrooms and 1.5 bathrooms. The property features a pond, mature live oak trees, nature trails, and various wildlife. An 810 square foot metal building is also present. With approximately 1,931 feet of frontage on FM 762 and located approximately 2 miles from the proposed Grand Parkway/99, the property presents commercial opportunities in a high-growth area. The location provides convenient access to dining and shopping in Sugar Land. The property is zoned to Needville ISD.
    Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Needville
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.662025
    Latitude
    29.406536

    Nearby Similar for Sale

    • $1,499,000
      2,498 SF

      Needville Ranch with Equestrian Amenities

      Ranch-style property on 20+/- acres with equestrian facilities and pool.
      10630 Brinkmeyer Rd, Needville, TX 77461
      View Details
    • $2,499,999
      1,960 SF

      Remodeled Home with Rental Income

      50+/- acre property with main house and multiple rental units.
      7115 Kamas Ln, Needville, TX 77461
      View Details
    • $1,250,000

      Horse-Ready Property in Needville ISD

      Remodeled 10-acre horse property with barn and apartment.
      12009 Dannhaus Rd, Needville, TX 77461
      View Details
    • $9,625,000

      Spacious Home on 100 Acres

      Charming 3/2 home on 100 acres with RV park.
      6340 Beard Rd, Needville, TX 77461
      View Details
    • $180,000

      Commercial Opportunity on Corner Lot

      High-visibility commercial property with multiple structures, ideal for retail.
      8912 Park St, Needville, TX 77461
      View Details
    • $709,900

      17+ Acres in Needville, TX

      17+ acres for building a dream home near Hwy 36.
      Jeske Rd, Needville, TX 77461
      View Details
    • $850,000

      Needville Farm with Insulated Barn

      10-acre Needville property featuring a home and insulated barn.
      11802 Padon Rd, Needville, TX 77461
      View Details
    • $3,750,000
      1 SF

      Remodeled Commercial Property on Highway 36

      Tastefully remodeled commercial property on Highway 36, ready for use.
      14114 Tx-36, Needville, TX
      View Details
    • $875,000

      Farmhouse on 11.4 Acres

      Charming farmhouse with development potential in a growing area.
      12527 Dannhaus Rd, Needville, TX 77461
      View Details
    • $3,021,000

      Fairchilds, TX Ranch Land

      55-acre ranch with road frontage in Fairchilds, Texas.
      10310 Fm 361 Rd, Needville, TX 77461
      View Details
    • $2,800,000

      Unrestricted Acreage with Remodeled Homes

      70.35 unrestricted acres featuring two remodeled homes.
      10507 Padon Rd, Needville, TX 77461
      View Details

    FAQs

    What type of property is this?
    Farm - 19.83 acres with home, pond, and commercial opportunities.
    Where is this farm located?
    The property is located at 18108 Fm 762 Rd Needville, TX.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - 19.83 acre property featuring a pond, mature trees, nature trails, and abundant wildlife.; - Newer construction home built in 2021 with **4 bedrooms**.; - Potential commercial opportunities with frontage on FM 762 and proximity to proposed Grand Parkway/99.
    (832) 539-6468
    Request Owner's contact information
    18108 Fm 762 Rd Needville, TX 77461
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    18108 Fm 762 Rd
    Needville, TX 77461
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    18108 Fm 762 Rd Needville, TX 77461
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Joyce Tang
    (832) 539-6468
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.