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Property profile & analytics
OFF-MARKET
Land

0 Fm-1155 & Meyersville Rd Chappell Hill, TX 77833

1035 ac lot
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity awaits with the New Year Creek Ranch, a sprawling 1,035-acre property situated just north of Chappell Hill, Texas. This remarkable land boasts over ¾ mile of frontage on the free-flowing New Year Creek, offering abundant live water. The diverse landscape includes extensive pasturelands, picturesque woodlands, and rolling terrain punctuated by spring-fed ponds. This versatile property presents a wealth of possibilities, from agricultural and equestrian pursuits to recreational activities and potential development. The ranch features approximately 4,550 feet of frontage on FM 1155 and 10,877 feet on S and N Meyersville Road, providing ample access. Electricity is readily available at various points on the property. Conveniently located just 3 miles from Chappell Hill and 11 miles from Brenham, which offers a range of amenities including a hospital, Walmart, HEB, Lowe's, and various restaurants. Major cities are also within reach, with Houston 60 miles and Austin 98 miles away. The topography offers approximately 130 feet of elevation change, creating stunning views. While approximately 172 acres fall within the FEMA floodplain, the majority of the land is suitable for development. Existing improvements include a home and barn. This property presents a unique blend of natural beauty and development potential, making it an ideal long-term investment in a rapidly growing area. The asking price is $27,945,000.

Property profile
Verified
Property type Land
Lot 1035 ac (45,084,600 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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