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Property profile & analytics
OFF-MARKET
Land

16 Schmidt Rd Waller, TX 77484

3.24 ac lot
Property ID
Property summary
AI-generated overview

Own your piece of Texas country paradise with this exceptional 3.24-acre lot located at 16 Schmidt Road, Waller, TX 77484. This property offers a unique blend of residential and industrial potential, making it an ideal investment opportunity. Situated in a lightly deed-restricted community, the land boasts newly added infrastructure and roads, ready for well and septic installation. Imagine building your custom home or developing a unique business venture on this expansive lot. Bessie's Creek flows through the rear of several neighboring lots, adding to the natural beauty of the area. Conveniently located near the intersection of Bell Road and Schmidt Road, this property provides easy access to Katy (under 20 minutes) and downtown Houston (under an hour). The area is experiencing significant growth and development, making this a smart investment with excellent potential for appreciation. The asking price is $192,780. Don't miss this chance to secure your future in a thriving Texas community. This property is zoned for both residential and industrial use, offering flexibility for a variety of development plans. The lot size provides ample space for building a large home, establishing a small business, or a combination of both. Act quickly, as land in this area is becoming increasingly scarce and valuable.

Property profile
Verified
Property type Land
Lot 3.24 ac (141,134 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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