770 Wallisville-Turtle Byu Rd Wallisville, TX 77597
- Land
- 31.02 lot acres
Current Use by Public Records
- Land
Property Details for 770 Wallisville-Turtle Byu Rd
- Lot size
- 31.02 lot acres
- Property type
- Land
Description
This exceptional 31.024-acre commercial land parcel is strategically located at 770 Wallisville-Turtle Bayou Rd, Wallisville, Texas, 77597, in Chambers County. Priced at $620,480 ($20,000/acre), this property presents a compelling investment opportunity. Situated within Qualified Opportunity Zone Census Tract 7103, it offers potential tax advantages under the Tax Cuts and Jobs Act of 2017, and may also qualify for New Market Tax Credits. The area is experiencing significant growth, fueled by the expansion of the energy industry in nearby Baytown and Mont Belvieu, and its proximity to major transportation arteries and the Port of Houston. Recent residential development activity demonstrates strong demand, with several completed and planned subdivisions adding hundreds of new homes. While some large-scale land acquisition attempts in the area have not been finalized, this underscores the considerable interest in the region's potential. The property's proximity to amenities such as the Chambers County Golf Course and White's Park, along with abundant recreational opportunities, further enhances its appeal. Public utilities, including water, are available, with potential for future sanitary sewer expansion. Detailed information regarding development guidelines can be obtained from Chambers County's engineering and environmental health departments. This property offers a unique blend of location, potential tax benefits, and growth prospects, making it an attractive investment for developers and investors alike.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wallisville
- County
- Chambers
- State
- Texas
- Longitude
- -94.729
- Latitude
- 29.8316
