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    10978 Fm 1774 Todd Mission, TX 77363

    For Sale
    $905,000

    Texas Renaissance Festival Area Investment

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 5.7-acre land parcel presents a unique investment opportunity in Grimes County, Texas. Ideally situated on the southeast corner of FM 1774 and Oak Forest Drive, this property boasts approximately 880 feet of frontage on FM 1774 and 370 feet on Oak Forest Drive. Its strategic location directly across from the entrance/exit of the renowned Texas Renaissance Festival ensures high visibility and significant seasonal traffic increases, averaging 6,766 vehicles daily on FM 1774. The property is only five miles north of Magnolia and just miles from the Aggie Expressway (249 Extension), providing convenient access. Utilities, including electricity, are available on-site. The seller is open to subdividing the land, and build-to-suit options may be available. Detailed demographics and a complete survey are accessible upon request. The property is offered at $905,000, representing a fee simple ownership. Grimes County's 2017 total tax rate was $1.69 per $100 of assessed value. This prime location offers substantial potential for various commercial ventures, capitalizing on the high traffic volume and proximity to the popular Texas Renaissance Festival.

    Property Features for 10978 Fm 1774

    General Information

    Property type
    Land
    Lot Size
    248,292 SF

    HighLights

    • 5.75 acres of land for sale in Grimes County, Texas.
    • Located five miles north of Magnolia, Texas.
    • High‑traffic corner lot at FM 1774 and Oak Forest Drive, directly across from the Texas Renaissance Festival.
    • 880 ft of FM 1774 frontage and 370 ft of Oak Forest Drive frontage; 6,766 average daily vehicles on FM 1774, with seasonal increases.
    • Grimes County 2017 tax rate: $1.69 per $100 assessed value. Demographics and survey available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Auto Repair Shop Hotel & Motel Auto Parts Store Clothing Store Department Store Food Market Grocery Store Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Todd Mission
    County
    Grimes
    State
    Texas
    Longitude
    -95.8325209
    Latitude
    30.2701103

    Nearby Comparable

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      Large land tract with abundant wildlife and rolling hills.
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      Plantersville Land For Sale

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    FAQs

    What type of property is this?
    Land - Texas Renaissance Festival Area Investment
    Where is this land located?
    The property is located at 10978 Fm 1774 Todd Mission, TX.
    What is the asking price?
    The asking price for this property is $905,000.
    What are key features of this property?
    This property features: 5.75 acres of land for sale in Grimes County, Texas.; Located five miles north of Magnolia, Texas.; High-traffic corner lot at FM 1774 and Oak Forest Drive, directly across from the Texas Renaissance Festival.
    Request Owner's contact information
    10978 Fm 1774 Todd Mission, TX 77363
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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
    10978 Fm 1774 Todd Mission, TX 77363
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