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5-Acre Tract Development Opportunity

3113 Grace Ln Highlands, TX 77562

3113 Grace Ln, Highlands, TX, 77562
$790,000
For Sale
$790,000

5+/- acre tract suitable for various development projects.

Lot Size5.00 Acres
Days on Market235

Property Features for 3113 Grace Ln

General Information

Standard status
Active
Lot size
5.00 Acres
Property subtype
Land
Listing agency RE/MAX Leading Edge
Listed by Mark Coyle · License #0711361
Source Elliman
Added: Nov 28, 2025 Updated: Jul 10 at 12:38PM Checked: Jul 21 at 6:01AM

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 RE/MAX Leading Edge


Investment Insights

Based on property information with market context.

This 5+/- acre tract presents a development opportunity for various purposes, including RV, storage, residential subdivision, commercial, multi-family, retail, motel/hotel, warehouse, and light industrial uses. The property offers 357 feet of frontage on Grace Lane and is approximately 626 feet deep. It is identified by APN: 041-040-001-0184 and is located in an X flood zone. The site could also be used to build a ranch. An adjacent 5.65-acre property is also available, featuring a 2800+ square foot house with 5 beds, 2 fireplaces, a 50-year roof, upgraded windows with a lifetime warranty, a saltwater swimming pool, a 72' x 34' office building, a 4-car metal building, an equipment building, a tractor shed, and an onsite pond with 388 feet of highway frontage on Main Street and 656 feet of adjoining frontage on Grace Lane. The APN for the adjacent property is 041-040-001-0211.

Key Highlights

  • Versatile 5‑acre tract suitable for various developments, including RV, storage, residential, commercial, and more.
  • Located in an X FLOOD ZONE.
  • Boasts 357' of frontage on Grace Lane and a depth of 626' +/-.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Land

Suggested Use

Real Estate Agency Auto Repair Shop Plumbing Service Kitchen & Bath Showroom Storage Facility Furniture & Home Goods Building Supply Law Firm Big Box & Wholesale Store Hotel & Motel

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

FAQs

What type of property is this?
Land - 5+/- acre tract suitable for various development projects.
Where is this land located?
The property is located at 3113 Grace Ln Highlands, TX.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: Versatile 5‑acre tract suitable for various developments, including RV, storage, residential, commercial, and more.; Located in an X FLOOD ZONE.; Boasts 357' of frontage on Grace Lane and a depth of 626' +/-.
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