37975 Fm 1458 Rd Brookshire, TX 77423
This exceptional 114.25-acre tract of land presents a unique investment opportunity in Waller County, Texas. Located at 37975 FM 1458, Brookshire, TX 77423, this property boasts a desirable location outside any municipal limits or extraterritorial jurisdiction (ETJ). This advantageous positioning offers developers considerable flexibility in terms of lot sizes and permitted land uses, opening up a wide range of development possibilities. The property's size makes it particularly well-suited for a small to high-density exurban subdivision, capitalizing on the area's growth trajectory. Due diligence has already been undertaken, with a completed drainage study, a recent survey, and other pertinent documents readily available for review. This significantly streamlines the development process, reducing potential delays and uncertainties. The APN numbers for this property are 303100-052-000-100; 303100-051-000-100; and 303100-039-000-100. Furthermore, there is an additional 59.24 acres of adjacent land also available for acquisition, presenting an opportunity to expand the development scope considerably. This prime location, combined with the completed due diligence and the potential for significant expansion, makes this property an attractive proposition for discerning investors and developers seeking a strategic land acquisition in a rapidly growing area of Texas.
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
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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.