23725 State Hwy, Angleton, TX 77515
This exceptional 9.75-acre property in Angleton, Texas, presents a unique investment opportunity. Located directly on Highway 288, it boasts approximately 1150.24 feet of frontage along the highway feeder road, providing excellent visibility and accessibility. The land features a sizable, natural freshwater lake, approximately 11 feet deep at its southern end and 22 feet deep at the north, stocked with bass, catfish, and perch. A floating dock is already in place. The property is zoned for both residential and commercial use, offering flexibility for a variety of development options. Existing infrastructure includes electricity, phone service, a water well, and septic system—a testament to its previous use as a mobile home site. The wooded perimeter enhances the natural beauty and privacy. The property is situated outside the floodplain, adding to its desirability. Conceptual renderings suggest potential uses such as a restaurant with outdoor dining overlooking the lake, incorporating a fishing pier or walking trails. The substantial acreage allows for ample space to build a dream home, a barndominium, or a commercial venture. The seller is highly motivated, making this an attractive proposition for those seeking a prime location with significant development potential. The lake's depth offers possibilities for expansion or modification to suit specific needs. This is a rare opportunity to acquire a large, versatile property with immediate highway access in a desirable Texas location.
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.