Property profile

11700 Tx-249 Houston, TX 77086

OFF-MARKET
Land
3.9 ac lot
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Property summary

AI-generated overview

This exceptional 3.9-acre parcel presents a unique opportunity for diverse development in Houston, Texas. Located at 11700 TX-249, Harris County, zip code 77086 (latitude 29.9005903, longitude -95.4639792), this land offers significant potential for various uses, including residential, commercial, and industrial projects. The asking price is $921,000, translating to a land value of $10 per square foot. Utilities are already in place, and a detention system is included, simplifying the development process. The property boasts a prime location, serving as the main entrance to established subdivisions like KB Home, Willow Springs, and Westview Landing, ensuring high visibility and accessibility. Signage opportunities are available, further enhancing marketing potential. Convenient access to Highway 249 and Upland Willow Avenue provides excellent connectivity. The property's versatility makes it ideal for a range of projects, from public storage facilities and warehousing to residential developments or retail spaces. This is a rare chance to acquire a large, well-situated tract of land in a thriving Houston market. Don't miss this chance to capitalize on the significant development potential this property offers.

Property profile

Verified
Property type Land
Lot 3.9 ac (169,884 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

11700 Tx-249 Houston, TX 77086
Houston metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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