5-Acre Tract Development
For Sale
$790,000
3113 Grace Ln, Highlands, TX 77562
5+/- acre tract suitable for various development projects.
Property SizeContact for details
Lot Size5.00 Acres
Days on Market267
Property Features for 3113 Grace Ln
General Information
Standard status
Active
Lot size
5.00 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$1,093
Listing Agency:
RE/MAX LEADING EDGE
(713) 927-1890
Listed By:
Mark Coyle · License #711361
(713) 927-1890
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 8
Last Checked: Aug 22 at 8:11AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Explore this area
Business Placement
Demographics for 77562, TX
11,861
Population
4,184
Households
2.8
Avg Household Size
38
Median Age
12%
College-Educated
81%
High-School Grad
13.5 sq mi
ZIP Area
879
Density / Sq Mi
$63,636
Median Household Income
$39,712
Median Earnings
$1,190
Median Rent
$195,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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' +/-.
