Property summary
This exceptional 3-acre commercial and residential land parcel presents a compelling investment opportunity in the rapidly growing Richmond, Texas area. Located at 5619 Boothline Road in Fort Bend County, zip code 77469, this property boasts approximately 160 feet of frontage on Boothline Road, slated for expansion. Its strategic location offers significant advantages, situated contiguously with the northeastern boundary of the master-planned community Austin Point, where home sales are projected to commence in Spring 2025. The property's proximity to the future expansion of the Grand Parkway and other substantial residential developments, including the recent 1,500-acre acquisition by Johnson Development at FM 2977 and Koeblen Road, further enhances its development potential. The expansive lot size allows for a wide range of commercial projects. An adjacent 8.469-acre parcel is also available for purchase, providing an opportunity for even larger-scale development. Given the significant land ownership in the area by George Ranch and Austin Point, this property represents a rare chance to establish a presence in a high-growth area with considerable future upside. The asking price for this exceptional property is $825,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
SOT · Richmond, TXZoning
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Zoning designation
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