0 Fm 159 Washington, TX 77868
This exceptional 287.589-acre property in Brazos County, Texas, presents a unique investment opportunity. Located near Navasota, Bryan/College Station, Brenham, and Texas A&M, this land boasts a highly desirable location, close to the new State Highway 105 bridge replacement and the Aggie Highway. Currently leased for cattle and horse grazing until April 30, 2024, the property benefits from a significant agricultural tax exemption, resulting in impressively low 2023 property taxes of under $720. The land is fully fenced and cross-fenced, composed of recently converted pastureland, and is highly fertile, surrounded by productive agricultural parcels. Existing infrastructure includes a water well and electricity. While situated in a FEMA Zone AE floodplain and bordering a small creek, the property enjoys a location near the crest of the Navasota and Brazos Rivers. Ideal for a private ranch, custom home, or residential development, this versatile property offers significant potential for various uses. Its prime location, low taxes, and existing infrastructure make it an attractive investment. The asking price is $2,950,000. The property's address is FM 159, Navasota, TX 77868.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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