24904 Macedonia Rd Hockley, TX 77447
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
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.