Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Prime Commercial Land on Highway Title is generated by Realmo AI

    6701 Hwy 290 E, Chappell Hill, TX 77426

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    61.329 acres with highway frontage near Brenham and Chappell Hill.

    Type:LAND
    Lot size:
    61.33 Acres
    Added:
    May 1, 2026
    Days on Market:
    27
    Last Refresh:
    May 8 at 3:28 am

    Property Features for 6701 Hwy 290 E

    General Information

    Standard status
    Active
    Lot size
    61.33 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Cody Maxwell
    Cody Maxwell

    Listing agent Cody Maxwell License #0474336

    Listing office Capitol Ranch Real Estate

    Listing date May 1, 2026

    Source Moodyscre

    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 Capitol Ranch Real Estate

    HighLights

    • 61.329 acres of land suitable for commercial development.
    • Boasts over 1,300 linear feet of U.S. Highway 290 frontage.
    • Strategically located between Houston (60 miles) and Austin (90 miles).
    • High elevation and relatively flat terrain reduces site preparation costs.
    • Located between Chappell Hill and Brenham, TX.
    • Potential development opportunities include sports complex, truck stop, or water park.

    Overview

    This 61.329-acre commercial land parcel features over 1,300 linear feet of frontage on U.S. Highway 290. The tract is high in elevation and relatively flat, potentially reducing site preparation costs for future construction. It is located between Chappell Hill and Brenham, Texas. Situated between Houston (60 miles) and Austin (90 miles), this property could be suitable for a sports complex, truck stop, or water park, with ample space for multiple buildings and parking.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Building Supply Storage Facility Bar & Pub Nursing Home Catering Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Chappell Hill
    County
    Washington
    State
    Texas
    Longitude
    -96.288517
    Latitude
    30.141288

    Nearby Similar for Sale

    • $1,295,000
      3,030 SF

      Chappell Hill Farm-Ranch Retreat

      Peaceful country retreat on 18 acres with pond.
      8844 Whiddon Road, Chappell Hill, TX 77426
      View Details
    • $284,500

      Five Acres with Pond Access

      Scenic acreage near Chappell Hill with pond and convenient access.
      000 Marshall Lane - Tract C, Chappell Hill, TX 77426
      View Details
    • $284,500

      Chappell Hill Land with Pond

      Five-acre lot with pond access near Chappell Hill, Texas.
      000 Marshall Lane - Tract B, Chappell Hill, TX 77426
      View Details
    • $284,500

      Chappell Hill Acreage with Pond Access

      5 acres near Chappell Hill with shared pond access.
      Marshall Lane - Tract C, Chappell Hill, TX 77426
      View Details
    • $284,500

      Chappell Hill Land with Pond

      5 acres near Chappell Hill with shared pond access.
      Marshall Lane - Tract B, Chappell Hill, TX 77426
      View Details
    • $180,000

      Land Near Highway 290

      2-3 acre lots near Hwy 290 in Chappell Hill.
      7091 Chadwick Hogan, Chappell Hill, TX 77426
      View Details
    • $265,000

      4.5 Acre Homesite in Chappell Hill

      4.5 acre tract with homesite, ravine, and utilities.
      7055 Chadwick-Hogan Road, Chappell Hill, TX 77426
      View Details
    • $2,395,000
      4,233 SF

      Turnkey Ranch Estate in Chappell

      Refined country living on 21+ acres in Chappell Hill, Texas.
      2645 FM 1155 South S, Chappell Hill, TX 77426
      View Details
    • $580,000
      2,432 SF

      Chappell Hill Farm Ranch Property

      Well-maintained 4-bedroom home on 10.26 acres near Brenham, TX.
      2303 Hendrickson Lane, Chappell Hill, TX 77426
      View Details
    • $1,150,000
      2,834 SF

      Remodeled Farmhouse on Secluded Acres

      Farmhouse on 10.973 acres in a private, scenic setting.
      10222 Old Stagecoach Road, Chappell Hill, TX 77426
      View Details
    • $1,650,000

      Historic Chappell Hill Estate

      Historic home remodeled for modern living in Chappell Hill.
      1289 Bluebonnet Ridge Dr, Chappell Hill, TX 77426
      View Details
    • $514,800

      6.6 Acres Homesite in Chappell

      Homesite with rolling topography, pond, and scenic views.
      2 Dairy Farm Rd, Chappell Hill, TX 77426
      View Details

    FAQs

    What type of property is this?
    Commercial land - 61.329 acres with highway frontage near Brenham and Chappell Hill.
    Where is this commercial land located?
    The property is located at 6701 Hwy 290 E Chappell Hill, TX.
    What is the asking price?
    The asking price for this property is $3,995,000.
    What are key features of this property?
    This property features: 61.329 acres of land suitable for commercial development.; Boasts over 1,300 linear feet of U.S. Highway 290 frontage.; Strategically located between Houston (60 miles) and Austin (90 miles).
    (979) 530-7010 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Cody Maxwell
    Cody Maxwell
    Real Estate License ID: 0474336
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    6701 Hwy 290 E, Chappell Hill, TX 77426
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!