0 Tx-105 Sour Lake, TX 77659
This exceptional 1,425-acre property in Sour Lake, Texas, presents a unique investment opportunity. Priced at $19,900,000 ($16,842.11/acre), this expansive land parcel offers significant potential for diverse development projects. Located near TX-105 in Hardin County (zip code 77659), the property boasts a recently approved well site within the Sour Lake ETJ, ensuring readily available water for future developments. A significant portion of the land lies outside designated flood zones, minimizing risk and enhancing its suitability for various construction endeavors. The property's strategic location benefits from the upcoming construction of a new Sour Lake Intermediate School on a 17-acre northern section, promising increased property value and foot traffic. Further enhancing its appeal, the Texas Department of Transportation (TxDOT) has plans to expand Highway 105, improving accessibility and connectivity. This high-growth area offers developers a chance to create a thriving community, catering to a wide range of needs, from commercial to mixed-use developments. Convenient commuting distances to nearby cities include Lumberton (15.3 miles), Beaumont (20.2 miles), Houston (78.6 miles), Baytown (58.2 miles), and Port Arthur (32.2 miles). The property is primarily comprised of mature hardwoods and scenic landscapes, providing a naturally beautiful setting for any development. This is a rare opportunity to acquire a large tract of land with exceptional infrastructure and location advantages.
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
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.