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Property profile & analytics
OFF-MARKET
Commercial real estate

12321 Johnson Road Trl Manor, TX 78653

15.34 ac lot
Property ID
US82-0649195
Property summary
AI-generated overview

This exceptional 15.342-acre property in Manor, Texas, presents a unique investment opportunity. Located at 12321 Johnson Rd, 78653, this expansive tract boasts a versatile zoning status – currently unzoned, allowing for diverse development possibilities. Imagine building multiple residential properties, establishing commercial ventures, or pursuing large-scale development projects. Alternatively, continue its current use as agricultural land; it's currently utilized for cattle grazing and benefits from an existing agricultural exemption, resulting in significantly reduced property taxes. The land is fully fenced and gated, enhancing security and privacy. Its strategic location offers convenient access to Highway 290, placing it within easy reach of numerous existing residential and commercial developments. While the majority of the land lies outside the special flood hazard area, it's important to note that approximately 3 acres fall within the 100-year floodplain. This property is priced at $949,000 and offers a rare blend of flexibility and potential. The absence of zoning restrictions unlocks a wide spectrum of development options, making this a truly exceptional investment prospect in a rapidly growing area.

Property profile
Verified
Property type Commercial real estate
Lot 15.34 ac (668,298 SF)
UPID US82-0649195
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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