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    6107 Fm 565 Old River-Winfree, TX 77523

    For Sale
    $1,200,000

    Exceptional development opportunity near Mont Belvieu.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This expansive 11.15-acre tract boasts 386 feet of frontage on FM 565 in Cove, Texas, within Chambers County. Located outside Mont Belvieu city limits, the property is unzoned, offering significant flexibility for development. The area demonstrates strong demographics, with average household incomes exceeding $130,000 within a one-mile radius. The property's strategic location provides convenient access to key amenities and infrastructure. It's situated just half a mile from the new Barbers Hill Intermediate School, five minutes from Riceland and Eagle Pointe Golf Club, eight minutes from Mont Belvieu, twenty minutes from Baytown/Cedar Point Industrial Park, and a forty-five-minute commute to Downtown Houston. The property's APN is 00013-02202-00000-100100, and the asking price is $1,200,000. This versatile land parcel presents a compelling investment opportunity for commercial, industrial, or residential projects. Its prime location and accessibility make it an ideal choice for developers seeking a strategic foothold in a rapidly growing region.

    Property Features for 6107 Fm 565

    General Information

    Property type
    Land
    Lot Size
    485,694 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Spa & Massage Building Supply Auto Repair Shop Hair Salon Clothing Store Nail Salon Pharmacy Department Store Food Market Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Old River-Winfree
    County
    Chambers
    State
    Texas
    Longitude
    -94.818447753073
    Latitude
    29.862456525074

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    Nearby Similar for Sale

    • $1,200,000

      Old River-Winfree Agricultural Property

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    FAQs

    What type of property is this?
    Land - Exceptional development opportunity near Mont Belvieu.
    Where is this land located?
    The property is located at 6107 Fm 565 Old River-Winfree, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
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    6107 Fm 565 Old River-Winfree, TX 77523
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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
    6107 Fm 565 Old River-Winfree, TX 77523
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