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    24668 Hegar Spg Pkwy Hockley, TX 77447
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    24668 Hegar Spg Pkwy, Hockley, TX 77447

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    • Land
    • 14,875 SF
    • 186.62 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Land

    Property Details for 24668 Hegar Spg Pkwy

    Year built
    2011
    Lot size
    186.62 lot acres
    Property type
    Land

    Description

    Exceptional opportunity for developers or owner-users. This expansive 186.62-acre property in Hockley, Texas (77447), boasts a 14,875 square-foot multi-use building featuring 5,700 square feet of open porches and ample parking. The property also includes a 1,400 square-foot caretaker's home with a two-car garage, a 7,000 square-foot storage facility, and a 2,115 square-foot office building. Infrastructure is in place with central water and electric, and roads throughout. An adjacent water treatment plant and offsite detention are readily available. The land is free of floodplain and major easements. Significant site work has already been completed on over 40 acres for proposed single-family development. The property features a mix of pastures and mature trees, two ponds, and over 3,000 feet of frontage on Hegar Springs Parkway, a proposed major thoroughfare. An additional 252+ acres are available adjacent to the property. Possible bullet train alignment on the western property line. The property is zoned for various uses including cattle ranch, horse farm, hunting, leisure ranch, resort, and unrestricted uses. Asking price: $9,237,492. Built in 2011, this one-story property offers a unique blend of existing structures and vast undeveloped land.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Hockley
    County
    Waller
    State
    Texas
    Longitude
    -95.8824
    Latitude
    30.1337
    More about this property
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