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Property profile & analytics
OFF-MARKET
Land

24904 Macedonia Rd Hockley, TX 77447

10 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 10-acre property in Hockley, Texas, presents a unique investment opportunity. Located near the Grand Parkway and Highway 290, this land offers convenient access to major roadways. The property boasts a blend of mature trees and open pasture, creating a versatile landscape suitable for various uses. Existing infrastructure includes electrical connections, a well, and a septic system, though their current condition is undetermined. Three sheds provide ample storage. The property also features numerous pecan trees. Eight acres currently benefit from an agricultural exemption, adding significant tax advantages. A mobile home and pool have been removed from the property, leaving the land ready for development. The location is highly desirable, with significant new growth in the area, making this a prime opportunity for residential development, a small farm, or a recreational retreat. The property's APN is 322300-010-000-100

Property profile
Verified
Property type Land
Lot 10 ac (435,600 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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