Current Use by Public Records
- Land
Property Details for 511 & Crk 172
- Lot size
- 368.89 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 368.89-acre property in Alvin, Texas, presents a rare investment opportunity. Strategically located proximal to the future Grand Parkway, this land boasts significant development potential. Currently utilized for agricultural purposes and benefiting from an agricultural exemption on property taxes, the property offers immediate tax advantages. A Municipal Utility District (MUD) is currently in progress, streamlining the development process for future projects. The expansive lot features over 4,700 linear feet of frontage on CR 172, with additional frontage planned on a future extension of CR 511 to the Grand Parkway. This prime location ensures excellent accessibility and visibility, making it ideal for residential, commercial, or mixed-use development. The property is situated outside the floodplain, mitigating risk. This large-scale land offering represents a significant investment opportunity in a rapidly growing area, poised for substantial appreciation. The combination of location, size, and development readiness makes this a truly unique and compelling investment prospect. The property's current agricultural use provides immediate tax benefits, while the future development potential promises significant long-term returns. The property's address is CR 511 & CR 172, Alvin, TX 77512, with APN 00070014000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alvin
- County
- Brazoria
- State
- Texas
- Longitude
- -95.3266
- Latitude
- 29.3344
