Property profile

121 Co Rd Garwood, TX 77442

OFF-MARKET
Land
74 ac lot
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Property summary

AI-generated overview

This exceptional 74-acre ranch in Garwood, Texas, presents a unique investment opportunity. Located just 30 minutes from I-10 and I-59, it offers a blend of seclusion and accessibility. The property boasts two serene ponds, ideal for fishing or livestock, and a reliable water well ensuring ample water resources. A significant portion is lush woodland where two streams converge, providing opportunities for recreation and wildlife observation. Currently used for cattle, the land benefits from an agricultural exemption, offering substantial tax advantages. The property is mostly unimproved, allowing for diverse development options, from a private estate to a sustainable agricultural operation. Electric service is available at a nearby pole. The seller owns the private road providing access to the property. This location offers a tranquil setting while remaining within easy reach of urban conveniences, approximately 1 hour and 20 minutes from Houston, 20 minutes from Eagle Lake and Columbus, and 10 minutes from Splashway Water Park. The rich soil and abundant water resources create ideal conditions for various agricultural pursuits. This is a blank canvas for creating a personal legacy or a sound investment in the Texas countryside. The asking price is $1,400,000.

Property profile

Verified
Property type Land
Lot 74 ac (3,223,440 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

121 Co Rd Garwood, TX 77442
Garwood metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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