3200 Fm 3318 Rd Brookshire, TX 77423
This exceptional 19.52-acre property, located at 3200 FM 3318 in Brookshire, Waller County, Texas, presents a unique investment opportunity. Boasting 640 feet of frontage on FM 3318, this unrestricted land offers unparalleled potential for residential or commercial development. The property is conveniently situated minutes from Interstate 10, providing easy access to major transportation routes. Its proximity to Brookshire and Stephen F. Austin State Park adds to its appeal. The asking price is $1,000,000. FM 3318 has recently undergone repaving (2024), enhancing accessibility. An agricultural exemption is currently in place. While the property's zoning is not specified, its suitability for diverse development projects is evident. The property's APN is 304400-003-001-100. The location offers a convenient commute, approximately 40 minutes from Downtown Houston and 25 minutes from Brenham. Additional acreage may be available for the right buyer, potentially expanding the development possibilities to a total of 36.26 acres. This versatile land parcel is well-suited for a variety of uses, making it an attractive investment for discerning buyers seeking a prime location with significant development potential. The zip code is 77423.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.