0 Fm-1155 & Meyersville Rd Chappell Hill, TX 77833
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.