3418 Ave Pattison, TX 77423
This 49,998-square-foot vacant lot in Pattison, Texas, presents a remarkable investment opportunity. Located near Brookshire and I-10, this property boasts convenient access to major transportation routes, including FM 359, offering excellent connectivity to Katy and Houston. Utilities are already in place, and the partially cleared land is ready for immediate development. Its versatile nature allows for various projects, including residential communities, commercial ventures, or multifamily developments like apartments or townhomes. The lot's strategic location on three streets ensures high visibility and accessibility. The property's proximity to reputable schools and its blend of rural charm and urban convenience make it an attractive asset with significant potential for future returns. The land can be replatted into multiple lots, maximizing its appeal to a wider range of buyers or tenants. This exceptional property is ideal for those seeking a prime development site in a rapidly growing area. The parcel's size and location, combined with existing utilities and road frontage, make it an attractive option for both residential and commercial development. The existing infrastructure minimizes upfront development costs, accelerating the return on investment.
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
Similar Nearby for Lease
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.