3113 Grace Ln Highlands, TX 77562
- Land
- 5.00 lot acres
Current Use by Public Records
- Land
Property Details for 3113 Grace Ln
- Lot size
- 5.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This unrestricted 5-acre tract in Highlands, Texas (APN: 041-040-001-0184), presents a remarkable investment opportunity. Located at 3113 Grace Ln, 77562, this property boasts 357 feet of frontage on Grace Lane and offers diverse development potential. Permitted zoning includes residential, commercial, and unrestricted uses, allowing for a wide range of projects, from residential subdivisions and commercial spaces to RV parks or even a private ranch. The land's size and zoning flexibility make it ideal for various ventures, including multi-family housing, retail, motel/hotel, warehouse, or light industrial development. An adjacent 5.65-acre parcel (APN: 041-040-001-0211) is also available, featuring a five-bedroom home, office building, swimming pool, and additional outbuildings. This combined acreage presents a unique opportunity for a large-scale development. The asking price for the 5-acre tract is $800,000, representing a price per acre of $160,000. Prospective buyers are responsible for verifying zoning regulations and building codes. Proof of funds is required for scheduling appointments. This property offers significant potential for substantial returns on investment. The depth of the property is approximately 626 feet. The property is owned by an investor.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Highlands
- County
- Harris
- State
- Texas
- Longitude
- -95.0605
- Latitude
- 29.8456
