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    5134 Meyer Rd Needville, TX 77461

    For Sale
    $4,368,000

    Prime Texas acreage, unrestricted use.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 156-acre property in Needville, Texas, presents a unique investment opportunity. Located in Fort Bend County, this unrestricted land boasts approximately 2,614 feet of frontage on both Meyer Road and Boone Road. The property's versatility allows for a range of development options, including single-family residential and mixed-use projects. Its location within the Needville School District is a significant advantage, offering proximity to Needville Elementary (approximately 3.5 miles NW), Needville Junior High, Needville Middle School, and Needville High School (all approximately 6 miles NW). Convenient access to Highway 59 (approximately 5 miles NW), which boasts an AADT (2022) of 27,300, ensures excellent connectivity. Sugar Land is approximately 18 miles northeast. The property is situated outside the floodplain, adding to its desirability. Priced at $4,368,000 ($28,000/acre), this expansive tract offers significant potential for substantial returns. The land's size and strategic location make it an ideal choice for developers and investors seeking a prime location in a thriving Texas community. This is a rare opportunity to acquire a large, unrestricted parcel in a desirable area with excellent access to major roadways and schools.

    Property Features for 5134 Meyer Rd

    General Information

    Property type
    Farms
    Lot Size
    6,795,360 SF

    HighLights

    • ±156‑acre unrestricted tract in Fort Bend County.
    • ±2,614' frontage on Meyer Road and ±2,614' frontage on Boone Road.
    • Suitable for single‑family residential and mixed‑use development.
    • Located in the Needville Independent School District, approximately 3.5 miles northwest of Needville Elementary.
    • Approximately 5 miles northwest of Hwy 59 and 18 miles northeast of Sugar Land.
    • High traffic counts on Hwy 59 (27,300 AADT in 2022).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Needville
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.8898975
    Latitude
    29.4211278

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    FAQs

    What type of property is this?
    Farm - Prime Texas acreage, unrestricted use.
    Where is this farm located?
    The property is located at 5134 Meyer Rd Needville, TX.
    What is the asking price?
    The asking price for this property is $4,368,000.
    What are key features of this property?
    This property features: ±156-acre unrestricted tract in Fort Bend County.; ±2,614' frontage on Meyer Road and ±2,614' frontage on Boone Road.; Suitable for single-family residential and mixed-use development.
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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
    5134 Meyer Rd Needville, TX 77461
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